Why do people file a chapter 7 bankruptcy?

Generally people file chapter 7 bankruptcy if they have a large amount of unsecured debt such as credit card debt or medical expenses that they are no longer able to pay. Often unemployment, unexpected medical expenses, or divorce prompt the cause the debtor to seek protection from creditors by filing chapter 7 bankruptcy.

To learn more about filing a chapter 7 bankruptcy contact The Law offices of Jill McDonald. We have two convenient locations in Clearwater and in St. Petersburg. (727) 231-4300

Bankruptcy Information is believed reliable, but accuracy and completeness are not guaranteed. Nothing in this web site is intended as, or should be used as, a substitute for professional, financial, or legal advice.