Huntsville Chapter 7 Bankruptcy Lawyers

Insurmountable debt often results from circumstances beyond an individual's control, yet creditors keep calling and bills continue to arrive in the mail. The pressure may seem unrelenting, but there are solutions.

The experienced bankruptcy lawyers at Heard, Ary & Dauro, LLC, in Huntsville, Alabama, help individuals, couples and businesses assess their situation and determine the best means of resolving their financial woes. When you select us to represent you, you have direct access to our attorneys throughout the process. We answer every question and take the time to explain each step so you can be part of the decision-making process.

Chapter 7 bankruptcy provides the most straightforward and comprehensive relief to debtors. If you have limited assets and you are able to make good on any past due amounts you owe on your home or a car, then Chapter 7 bankruptcy may be the best solution for you. Our bankruptcy attorneys have more than 35 years of collective experience. They can review your situation and determine what resolution is right for you.

To be eligible for debt relief under Chapter 7, you must pass a "means test" required by the bankruptcy reforms of October 2005. We can help you determine if you are eligible.

Huntsville/Madison Personal Bankruptcy Attorney

In Chapter 7 bankruptcy, all of your "legally dischargeable" debts are forgiven. These include:

  • Credit card debt
  • Medical bills
  • Personal loans
  • Utility bills
  • Business debts
  • Tax penalties and unpaid taxes past a certain number of years

In exchange, you must surrender all of your non-exempt assets and forfeit the proceeds to be divided among your creditors. However, many assets may qualify as exempt, including your home and a car. We take the time to fully explain what you are able to protect in Chapter 7.

Debts that a person usually remains responsible for after a Chapter 7 bankruptcy include certain taxes, debts incurred by fraud, willful and malicious injuries, student loans, alimony, maintenance and property settlements and criminal restitution.

In most cases, Chapter 7 bankruptcy filers automatically receive a discharge at the end of their case. In Chapter 7, the court usually grants the discharge 60 days after the meeting of creditors. Typically, this means you will obtain a discharge about four months after filing your Chapter 7 petition.

Schedule A Free Consultation With The Same Lawyers Who Will Work On Your Case

We offer a free consultation in which our Huntsville Chapter 7 bankruptcy attorneys can answer your questions and assess your situation in order to recommend the best step to take next. Call 256-715-5184 or email us to schedule an appointment.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.