What is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy involves liquidation and is sometimes called “straight” bankruptcy. For most people, a Chapter 7 bankruptcy filing is a fairly simple and quick proceeding. In most cases, it takes less than five months after filing for an individual to receive a discharge of debts.

Michael Ryan Jones is committed to assisting individuals facing financial distress. He has helped hundreds of clients achieve a financial fresh start by filing either Chapter 7 or Chapter 13 bankruptcy. When you hire The Jones Law Firm, you can be assured that Michael will personally assist you every step of the way.

“He took me through everything, explaining the pluses and minuses of bankruptcy. I never once felt I was in a “cold” attorney’s office where I was just a number/case.”

– Marcy W.

Apr

Am I Too Young To File Bankruptcy?

April 15th, 2021

College debts. Car payments. Rent. Utilities and grocery bills. Starting a family. Taking care of parents. It’s no wonder that many Millennial Americans are wondering: “Am I too young to file for bankruptcy?” When we consider that the average 2… Read More

Apr

What You Need to Know About Your 401(k) and Bankruptcy

April 7th, 2021

We know for many contemplating a bankruptcy filing, the implications it may have on their retirement accounts are a major concern. While we’ve addressed the basics of retirement and bankruptcy on our blog, today we wanted to take a deeper dive into… Read More

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What is Chapter 7 Bankruptcy?

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