California Chapter 7 Bankruptcy

• Are your medical bills impossible to pay off?
• Does your small business owe more than it is worth?
• Are you drowning in debt?

At the Shah Peerally Law Group, P.C., in California, we focus on providing both individuals and small businesses with practical, legal debt relief solutions.

California Chapter 7 Bankruptcy Debt Relief for Individual and Small Businesses

Despite the hype, Chapter 7 bankruptcy is still available for most people and small businesses, even after the 2005 change in the bankruptcy laws.

Chapter 7 bankruptcy is available to consumers and businesses and its fundamental purpose is debt elimination. Most types of debt are eliminated and certain assets are sold off to pay back to creditors. Second homes and cars, for example, are commonly sold by the bankruptcy court. Vehicles, household appliances and other necessary items are considered exempt property.

Chapter 7 bankruptcy is an excellent option for people and small businesses who need to relieve themselves of serious debt. It is not right for everyone, however, and you should discuss your situation with an experienced Chapter 7 bankruptcy lawyer before you choose this option.

Contact the Shah Peerally Law Group, P.C.

To schedule a consultation about filing for Chapter 7 bankruptcy, contact us by email at Help@YourDebtSettlementAttorney.com or call us toll free at 1-800-540-7125.