Experienced At Trial, Effective In Negotiations

Call Today for free consultation: (956) 994-8072

Criminal Defense & Personal Injury Attorneys Law Office of Genaro Fraustro

Looking Out For Your Best Interests

Offering Experienced Services in Criminal Defense and Personal Injury


DUI's/DWI

CALL TODAY FOR FREE CONSULTATION: (956) 994-8072

Felonies

CALL TODAY FOR FREE CONSULTATION: (956) 994-8072

Misdemeanor

CALL TODAY FOR FREE CONSULTATION: (956) 994-8072



Chapter 7

Chapter 7, Call Us Today 956-994-8072

Bankruptcy means that someone’s debts are
discharged (paid) through selling off their assets and disposable income. For Chapter 7 Bankruptcy, anyone who has to file must meet certain
maximum income requirements through passing a means test. People who do not meet these requirements
would be forced to use Chapter 13 Bankruptcy, which structures discharge
differently. 

In order to pass the means test, you would have to make
less than the median household income in your state. Chapter 7 Bankruptcy does
liquidate your assets to use for paying off your debts, however there are often
exemptions based on type of property and the laws in your state. While Chapter 7 Bankruptcy does allow many debts
to be forgiven or settled for pennies on the dollar, there are some, student
loans, for instance, where discharge is not allowed. 

In order to find out if Chapter 7 Bankruptcy is right for
you, 

For a free legal consultation, please call (956) 994-8072, to schedule an appointment to visit with Bankruptcy Chapter 7 Lawyer Genaro Fraustro.

Feel Free To Contact Us