Chapter 7 FAQ

If you are considering filing for chapter 7 bankruptcy you likely have more questions than answers. Perhaps you are overwhelmed with credit card debt, suffered a recent divorce or have mounting medical bills.  If so, these FAQs may hold the answers to your questions.  This website contains a wealth of information on bankruptcy. Be sure to explore the entire website and any links of interest.  For a more personal response to your questions, please contact one of our bankruptcy attorneys directly at (972) 578-1400 or via email to set up a free initial consultation.  We are conveniently located in the cities of Dallas and Plano.

What is a debtor?
What is chapter 7 bankruptcy?
Can anyone file a chapter 7 bankruptcy petition?
Do I need a lawyer to file a chapter 7 bankruptcy petition?
Does my spouse have to file chapter 7 bankruptcy with me?
Do I have to file chapter 7 bankruptcy against ALL of my creditors?
What is a chapter 7 discharge?
Can I still pay some creditors after my chapter 7 discharge?
Will I lose all my property if I file a chapter 7 bankruptcy?
What is an exemption?
What property is exempt in a chapter 7 bankruptcy?
How does the Bankruptcy Court know what I own?
Do I have to list everything I own on my chapter 7 bankruptcy schedules?
Will a chapter 7 bankruptcy stop my creditors from calling?
Will a chapter 7 bankruptcy stop a foreclosure or repossession?
If my car was repossessed will a chapter 7 bankruptcy help me get my car back?
If I am in the process of being evicted, will a chapter 7 bankruptcy petition stop the eviction?
If I have been sued by one of my creditors, will a chapter 7 bankruptcy stop the lawsuit?
Will a chapter 7 bankruptcy wipe out my second mortgage, my car loan or any other secured debt?
How does my divorce affect my ability or my former spouse’s ability to file for chapter 7 bankruptcy?
Can I stop paying alimony after I receive my chapter 7 discharge?
Can I stop paying on my student loans after I receive my chapter 7 discharge?
Will I still have to pay my past due taxes after I receive my chapter 7 discharge?
Will I have to go to bankruptcy court?
If I am considering filing for chapter 7 bankruptcy, can I still use my credit cards?
Can I pay my bankruptcy lawyer with a credit card or from a cash advance?
Should I file a chapter 7 bankruptcy petition?
Will filing chapter 7 bankruptcy affect my credit?
How long will a chapter 7 bankruptcy appear on my credit report?
Will filing chapter 7 bankruptcy affect my job?
Can I keep any credit cards after filing a chapter 7 bankruptcy petition?
Why shouldn’t I just take out a debt consolidation loan or refinance my mortgage?