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CHAPTER 7 INFO - What can it do for you.....

What will a Chapter 7 do for me?

What will a Chapter 7 Bankruptcy do for me?
The greatest benefit a Chapter 7 Bankruptcy is often a fresh financial start.

 

 

Who can file a Chapter 7 Bankruptcy in California?

 

person's residence, for bankruptcy purposes, is the place where he or she has lived for the majority of 180 days preceding the bankruptcy filing. For example, a person could file bankruptcy in a California bankruptcy court 91 days after moving to California from a residence in another state. If you file bankruptcy in California, however, you can only claim California's asset exemptions if you have resided in California for at least the previous two (2) years. At your consultation we can decide what exemptions you will/can use.