Chapter 7 Bankruptcy: A Financial Fresh Start

Chapter 7 Bankruptcy: A Financial Fresh Start

Learn more by talking to Bret T. Allred, our bankruptcy attorney in Billings, MT, Bozeman MT, or Powell, WY

Chapter 7 is the most common type of bankruptcy, and you may have heard of it referred to as a "financial fresh start" or the "liquidation bankruptcy". Under Chapter 7 you could be debt-free in just a few months? In a Chapter 7 bankruptcy you give your creditors your excess property in exchange for relief from your debts. Common debts eliminated by Chapter 7 bankruptcy include:

  • Medical debt
  • Credit card debt
  • Unsecured bank loans or lines of credit
  • Overdue utility payments
  • Past foreclosures or repossessions

Contact Yellowstone Bankruptcy to converse with our attorney over the phone or in person at one of our offices in Billings, Powell WY, or Bozeman.

Bret T. Allred is an experienced attorney who can explain your options.