AV Bankruptcy
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Blog | Bankruptcy Information

Chapter 7 Bankruptcy | Fresh Start

Chapter 7 bankruptcy is the type of bankruptcy where you don't pay back your debt if you can demonstrate you can't afford to, but you may lose things.

2023 Median Income Limits: Powerful Increase

The median income limits for Chapter 7 bankruptcy means test were released and decide who can file Chapter 7 bankruptcy. These numbers will update again for California median income.

Reaffirm Debt & Reaffirmation Process

Reaffirmation is where you promise to keep owing debt. The reaffirmation process varies state to state, but generally, the reaffirmation process goes like this.

Bankruptcy Process | A Road Map

Chapter 7 process is a template which can vary case to case. This is grossly over-simplified, but at least can provide a basic road map to where we're headed.