What is Chapter 7 bankruptcy, and how can it help me?
Chapter 7 bankruptcy is a legal process that helps individuals or businesses eliminate most of their unsecured debts, such as credit card balances, medical bills, and personal loans. It allows you to get a fresh financial start by liquidating non-exempt assets and distributing the proceeds to creditors. If you’re struggling with overwhelming debt, Chapter 7 bankruptcy may provide the relief you need to regain control of your finances.