Chapter 7 Bankruptcy
For individuals, families and small business owners struggling with heavy debt burdens, Chapter 7 bankruptcy can be the quickest and most effective way to discharge debts and start over. At Cheryl Bergian Law Office, I know that the decision to file for bankruptcy is never an easy one. By providing honest, straightforward advice, I can help you understand your options, take action and achieve relief.
Helping You Start Over With A Clean Slate
Chapter 7 bankruptcy is often referred to as liquidation or clean-slate bankruptcy because most unsecured debts can be eliminated (or discharged) if specific income thresholds are met. In short, medical bills, credit card balances and other unsecured debts can be discharged in a period of months; however, student loans, alimony, child support payments and some tax debts generally cannot. Starting with the initial consultation, I will review your financial situation, determine if you qualify for Chapter 7 protection and help you file a bankruptcy petition if it is in your best interests.
There are plenty of myths surrounding bankruptcy, particularly Chapter 7. People often think that their possessions will be sold off to pay their debts. Many also think their credit will be permanently damaged and that they will never qualify for a home or car loan. The fact is that there are numerous exemptions when filing for bankruptcy, and most people keep their homes, vehicles and other personal property while simultaneously rebuilding their credit.
It’s important to remember that bankruptcy is a tool to help you get out from under debt, not a punishment.
I Want To Help You Take The Next Step
When you reach out to me at Cheryl Bergian Law Office, you won’t be met with judgment. I want to guide you toward a fresh financial start. I will help get the creditors off your back, offer options for finding relief and stand with you throughout the entire process.
To schedule your free initial consultation, call me at 701-297-2501 or take a moment and complete the online contact form. You can schedule a free, 30-minute consultation by following this link. I also offer 45-minute consultations. Arrange yours here. I work clients across the Fargo-Moorhead metro, in eastern North Dakota and northwestern Minnesota.
My firm is a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.