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Chapter 7 Bankruptcy

Get Answers to Your Debt Relief Questions

Talk to a Bankruptcy Lawyer in Decatur, AL & Huntsville, AL About Chapter 7 Bankruptcy

If you're drowning in debt with no hope of relief, turn to Peter M. Neil, Esq. Attorney Neil is backed by 30 years of experience as a bankruptcy lawyer in Decatur, AL and Huntsville, AL. He'll walk you through the chapter 7 bankruptcy process and explain your debt relief options. Make an appointment with a chapter 7 bankruptcy lawyer today.

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What is Chapter 7 Bankruptcy?

When you're filing for bankruptcy, you'll have to main options: Chapter 13 bankruptcy and Chapter 7 bankruptcy. These terms can be confusing to many people. So what's the difference between them? A lawyer will recommend that you file for Chapter 7 bankruptcy if:

  • You're overwhelmed with debt that you have no hope of paying

  • You can't afford to set up a payment plan

  • You have a variety of assets, such as vacation properties or vehicles

Unlike Chapter 13 bankruptcy, which requires you to set up a payment plan, Chapter 7 bankruptcy will allow you to greatly reduce or even eliminate your debt. Call Peter M Neil Esq today to learn more about filing for Chapter 7 bankruptcy in Decatur, AL.