Chapter 7 Bankruptcy Attorney
in Birmingham, Alabama

As time goes on, it seems normal to be struggling financially. We at Elizabeth I. Johnson, LLC DO NOT wish difficulties on anyone, which is why we are here to help you. Our Chapter 7 bankruptcy attorney has over two decades of experience and is ready to assist you with your financial needs. If you are overwhelmed by the amount of debt that you have, Chapter 7 bankruptcy might be the solution for you. Chapter 7 wipes out unsecured debt (like credit cards, medical bills, debts from previously repossessed items, and judgments on lawsuits). This form of bankruptcy is ideal for individuals, families, or businesses that possess few assets and struggle to get by on a daily basis. To learn more about how our bankruptcy attorney can help you, get in contact with us today, and schedule a free consultation. We provide our services to those in Birmingham, Jefferson County, Shelby County, and Blount County, Alabama. 

Property

People are often concerned that if they file for Chapter 7, they will lose everything. This is not necessarily the case. Many times people are able to keep houses and cars by reaching agreements with the creditors of the items. (There can be problems if you have too much equity in an item like a house. This issue is best dealt with on a case-to-case basis. We will discuss it with you in detail when you come in for a free consultation). 

The law provides for certain "exemptions" which allow you to keep personal property items as long as they fall within certain guidelines. To learn more, about how filing for Chapter 7 bankruptcy can help you, speak with our attorney in Birmingham, Alabama today. 

Effect on Credit

Filing for Chapter 7 bankruptcy will have an effect on your credit score. Usually, there is a negative impact at first. However, your credit is not damaged forever. After the conclusion of Chapter 7, you can rebuild your credit fairly quickly. Many clients can recover and have a good credit score within a year and a half of exiting their bankruptcy case. Our Birmingham bankruptcy law firm is ready to help individuals, families, and businesses in Jefferson County, Shelby County, and Blount County, Alabama. Schedule your free case consultation with our attorney today.

Benefits

Filing for Chapter 7 will stop harassing phone calls, garnishments, and lawsuits. Filing will erase your debt and allow you to get a fresh start. 

Timing

Chapter 7 case usually lasts about 4 months from the time you file until the time you get your discharge papers which signifies that the case is over. (Your creditors have to stop bothering you when you file. You do not have to wait until the end of the case to get relief). Don’t face the burden of debt and bankruptcy by yourself. 

Means Test

In order to qualify for Chapter 7 bankruptcy, you have to pass a means test. In this, your income is compared to what others in Alabama make. If you are under that median amount, you automatically qualify for a Chapter 7. If you are over the median amount, we can go back in and make more deductions to see if you still qualify. To see if you qualify for Chapter 7 bankruptcy, contact our attorney in Birmingham, Alabama today and set up your free meeting. 

We are also able to assist you with Chapter 13 bankruptcy. Contact us to learn more. 

Set Up a Free Meeting With Our
Chapter 7 Bankruptcy Attorney

The unbearable weight of debt can cause anxiety to anyone. That is why we at Elizabeth I. Johnson, LLC are ready to help you. Contact our Chapter 7 bankruptcy attorney in Birmingham, Alabama, and schedule your free consultation. We also serve the areas of Jefferson County, Shelby County, and Blount County, Alabama.