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If you are struggling to repay your debts, filing for Chapter 7 bankruptcy can be a great option for you.

Posted by Jeffrey Butwinick | Jun 26, 2023 | 0 Comments

Chapter 7 bankruptcy is a legal process that will help you get out of debt. 

Filing for Chapter 7 bankruptcy can have many benefits, including:

    • Getting rid of debt: In a Chapter 7 bankruptcy, most debts can be discharged, meaning that you will no longer be legally obligated to pay them. This can include credit card debt, medical debt, and personal loans.
    • Getting a fresh start: Filing for Chapter 7 bankruptcy can give you a fresh start financially. Once your debts are discharged, you can begin to rebuild your credit and your financial future.
    • Improve your credit score: Filing for Chapter 7 bankruptcy will often immediately improve your credit score.
    • Assets are protected: There are exemptions that protect your assets from being taken by creditors.
    • Get a new car loan: Filing for Chapter 7 bankruptcy can improve your chances of getting a new car loan, as your debt will be discharged and your credit score will  improve.
    • Stop wage garnishment: Once you file for bankruptcy, all wage garnishment must stop IMMEDIATELY!

If you are struggling with debt, filing for Chapter 7 bankruptcy may be a good option for you. However, it is important to speak with an attorney to discuss your options and to make sure that filing for Chapter 7 bankruptcy is the right decision for you.

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Jeff Butwinick


About the Author

Jeffrey Butwinick

Practice Areas Jeff specializes in providing legal counsel to small business clients, and assisting clients in their personal and/or business bankruptcy petitions. He also helps people who have been subjected to illegal collection efforts. Current Practice Areas: Personal bankruptcy, small b...


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