James Young Law
Chapter 7 bankruptcy is also frequently referred to as “liquidation bankruptcy. ” It is intended for individuals who have minimal disposable income or businesses looking to shut down operations. The filing process is comparatively brief and involves the sale, or liquidation, of non-exempt assets. The proceeds of the liquidation are used to partially compensate creditors for outstanding obligations. Once liquidation is completed, an individual filer receives a discharge of qualifying unsecured debt, including credit card debt, medical debt, personal loans, and unpaid utility bills. Again, Chapter 7 bankruptcy is relatively fast, often lasting only between four and six months.
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James was always willing to take the time to answer our questions and explain the many aspects of the process that we didn't understand.
Excellent service.
James was very helpful with my needs and was able to answer all my questions and concerns.
Best bankruptcy attorney around and a great guy
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