Chapter 7 is the most common form of bankruptcy. Upon filing the petition for Chapter 7 bankruptcy, an automatic stay is issued. An automatic stay is an order by a judge prohibiting creditors from collecting any debts owed by you.

The automatic stay stops garnishments, foreclosures, lawsuits, and much more.

Most people are afraid they will lose their property if they file bankruptcy. This is not always the case. The Lancaster Law Firm can help you keep your property.

The bankruptcy code can protect much, if not all, of your property from being sold by “exempting” the property. You have the option of applying either federal exemptions or state exemptions. This is where it is very important to consult an attorney at The Lancaster Law Firm.

Exemption amounts are different, and which exemptions you should use depends upon the value of your property. Which exemptions should be used in your bankruptcy petition is crucial to protecting you and your property.

If you are having problems with debt collectors, we can help you get relief by filing Chapter 7 bankruptcy. The Lancaster Law Firm’s experienced bankruptcy attorneys are ready, willing, and able to help you get the relief you need. Call us today for a consultation to see if you are eligible to file Chapter 7 bankruptcy.