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What is Chapter 7 Bankruptcy?

Also known as liquidation, Chapter 7 bankruptcy allows you to wipe out most of your debt and stop collection agencies from harassing you. As one of the most common types of bankruptcy,  thousands of people are turning to Chapter 7 every year in order to obtain debt relief. Learn more about what this type of bankruptcy entails by watching this short video clip.


With the help of an experienced bankruptcy attorney, you can determine whether you are eligible for Chapter 7 bankruptcy and how it will affect your individual case. A bankruptcy lawyer may also conclude that Chapter 13 bankruptcy is a viable alternative, so be sure to discuss the matter with a qualified attorney.

If you live in the Chicago area and are considering your bankruptcy options, then contact Cutler & Associates, Ltd. As an experienced bankruptcy law firm, we have been committed to providing you with the best legal support for more than 25 years. For more information about a bankruptcy attorney near you, call (847) 849-1834 or visit us online today!

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