Orange, CA Bankruptcy Chapter 7 Attorneys

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Orange, CA Bankruptcy Chapter 7 Attorneys

Attorneys (3)

  • Mike S. Sethi
  • Attorney at Sethi Law Group
  • Orange, CA U.S.A.
    • Peer Reviews

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    • Peer Reviews

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  • Timothy Combs
  • Managing Attorney at Law Offices of Timothy Combs
  • Orange, CA U.S.A.
    • Peer Reviews

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    • Awards
      Platinum Client Champion Platinum Client Champion  
    • Peer Reviews

      None
    • Awards
      Platinum Client Champion Platinum Client Champion  
  • Norma Nodal Duenas Esq.
  • Managing Attorney at Southern California Law Advocates, P.C.
  • Orange, CA U.S.A.
    • Peer Reviews

      None
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Bankruptcy Chapter 7 in Orange, CA

Chapter 7 bankruptcy, also known as "liquidation," is the most common form of personal bankruptcy used by individuals and married couples. Chapter 7 allows eligible debtors to surrender certain "non-exempt property" to the bankruptcy trustee assigned to oversee their case. Those assets are then sold, or liquidated, and the proceeds are used to pay creditors. Any remaining debt is discharged, or erased. Chapter 7 eligibility requirements vary from state to state, so people considering Chapter 7 are advised to hire a consumer bankruptcy attorney or law firm that has experience representing Chapter 7 filers.