Chapter 7 Bankruptcy Attorney —Liverpool Syracuse — Grady BK, PLLC

Chapter 7 bankruptcy, is what most people think of when they think about bankruptcy: You wipe away your unsecured debt like credit cards, medical bills, personal loans, and some taxes. For any secured debt (house, cars, ATVs, etc.), you can continue to pay those loans and keep the property, or you can surrender the property and wipe away that debt. Chapter 7 will protect you from repossessions, lawsuits, wage garnishment, and other collection tactics creditors use. There are certain debts, such as child support, alimony, student loans, and some taxes, that cannot be discharged in a Chapter 7 bankruptcy.