The laws have changed regarding who qualifies to choose chapter 7 bankruptcy attorney. Often people do not qualify for Chapter 7 and must file Chapter 13 bankruptcy.
A bankruptcy attorney can clarify the new laws and restrictions that must be met. What is considered non-exempt property and exempt property varies from state to state. A bankruptcy attorney will know what is exempt in the state in which they practice.
There are 19 classes of debt that can be discharged when using Chapter 7 bankruptcy. Since Chapter 7 bankruptcy discharges or renders a debt unenforceable against the person owing the debt, many people were choosing to file this type of bankruptcy. When filing a Chapter 7 bankruptcy, there are many forms that must be filled out and submitted. A bankruptcy attorney can also enforce stays to keep bill collectors from trying to collect after the bankruptcy has been filed.
