Santa Barbara, CA Bankruptcy Chapter 7 Attorneys

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Santa Barbara, CA Bankruptcy Chapter 7 Attorneys

Attorneys (2)

  • Karen L. Grant
  • Attorney at Law Offices of Karen L. Grant
  • Santa Barbara, CA U.S.A.
    • Peer Reviews

      4.5/5.0 (2)
    • Awards
      Platinum Client Champion Platinum Client Champion  
    • Peer Reviews

      4.5/5.0 (2)
    • Awards
      Platinum Client Champion Platinum Client Champion  
  • Joseph M. Sholder
  • Partner at Griffith & Thornburgh, LLP
  • Santa Barbara, CA U.S.A.
    • Peer Reviews

      4.9/5.0 (2)
    • Awards
      A Martindale-Hubbell Peer rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability Numerical rating.  
    • Peer Reviews

      4.9/5.0 (2)
    • Awards
      A Martindale-Hubbell Peer rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability Numerical rating.  

Bankruptcy Chapter 7 in Santa Barbara, 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.