Chapter 7 Bankruptcy

Discharge Your Debts and Get a Fresh Start

 Are you  facing an imminent foreclosure on your home?
Are creditors harassing you with phone calls and letters?
Would you like to rebuild your life and have a fresh start?

Help may be just a phone call away. Our Sacramento Chapter 7 bankruptcy attorneys have years of experience helping people take care of their debt problems and have helped thousands file for bankruptcy and get a fresh start. To find out if you qualify for Chapter 7 bankruptcy, please call us today or fill out our contact form to speak with an experienced bankruptcy lawyer for a no cost consultation.

Call Us Today at (916) 757-6000

Get Debt Relief with an Experienced Sacramento Chapter 7 Bankruptcy Attorneys

Under Chapter 7 bankruptcy law, all of the debtor’s assets—including any businesses that he or she may own—may be fully liquidated, with some exceptions and exemptions including property not fully owned.  Assets deemed necessary to support the debtor and his/her dependents, such as a residence, may be exempted. This “liquidation bankruptcy” is the most common filing for business failures, accounting for about 75 percent of all business bankruptcy filings.

Chapter 7 bankruptcy is designed for debtors who are having financial difficulties and are not able to re-pay their debts. Most people that have debt problems can find relief by filing a Chapter 7 bankruptcy. A Chapter 7 bankruptcy results in the “discharge” of your debts.

Once a discharge has been granted, you do not owe the debt and the creditor can never try to collect it from you.  Working with an experienced bankruptcy lawyer to help you navigate this process will help ensure a favorable outcome for you in this complicated process.

Work with an Experienced Sacramento Bankruptcy Lawyer to Guide you Through the Process

Newer bankruptcy laws require careful consideration and analysis of your financial situation to avoid the possible dismissal of a Chapter 7 bankruptcy case. A Sacramento attorney from Litchney Law Firm can help you through this process. Your lawyer can work with you to determine if your current monthly income is above the state median income, and whether you will be required to perform a means test to determine if you are eligible for this type of bankruptcy relief.

If you do not meet the requirements of the means test then you may be precluded from filing a Chapter 7 bankruptcy but still have the option of filing for a Chapter 13 bankruptcy.  At Litchney Law Firm, your attorney will be experienced in both Chapter 7 and Chapter 13 bankruptcy laws, and will advise you on the best path considering your unique circumstances.  When Chapter 7 is your best option, we work hard to ensure that you will qualify and obtain the relief you deserve.

Understanding the Chapter 7 Bankruptcy Law

Under Chapter 7 bankruptcy laws, an individual that files bankruptcy does NOT lose all of his or her property and possessions. In most cases, you will be able to keep your house, your car and all of your personal possessions. Your bankruptcy lawyer can educate you on the specifics and answer all your questions.

People with substantial non-exempt assets may have to turn over some of their property to the Trustee. A Trustee takes possession of any non-exempt property and pays creditors by liquidating those non-exempt assets. But most people have no or little non-exempt assets. We will help you claim the correct property exemptions under State or Federal law that will help protect your assets and we will advise you if we see issues with assets that cannot be protected.

The Importance of Working with an Experienced Sacramento Chapter 7 Bankruptcy Lawyer

Although the purpose of filing a Chapter 7 is to obtain a discharge of your existing debts, if you are found to have committed certain kinds of improper conduct described in the Bankruptcy Code, your discharge may be denied by the Court, and the purpose for which you filed the bankruptcy petition will be defeated.  This is another reason why working with an experienced Sacramento Chapter 7 bankruptcy attorney is so important.

In addition, there are some debts that are not discharged under the bankruptcy law. Therefore, you may still be responsible for such debts as certain taxes and student loans, alimony and support payments, criminal restitution, and debts for death or personal injury caused by driving while intoxicated with alcohol or drugs. Your lawyer at Litchney Law Firm can advise you on the specifics and work with you to develop a plan to meet your needs.

Experienced Chapter 7 Bankruptcy Attorneys Are Ready to Assist You

Having an experienced and knowledgeable attorney is especially important when these difficult issues arise, and to help in avoiding them when possible.  We are here to advise you about your particular situation and to guide you through the process of Chapter 7.

To get a fresh start and to find out if you meet the new standards for filing a Chapter 7 bankruptcy, our experienced bankruptcy department can help. Contact us by calling us at 916-757-6000 or by filling out our contact form for a free and confidential debt analysis.

Chapter 7 Bankruptcy

What is Chapter 7?

Known widely as “liquidation” or “straight bankruptcy”, Chapter 7 bankruptcy provides filers with protection from their creditors and relief from many of the debts that have overwhelmed and burdened them. It will allow you to clear most of your outstanding debts quickly and get a fresh start in your financial life.

To qualify for a Chapter 7 bankruptcy you must make less than the median income for people in your area. If your income is above the median income level in your area, you may still be eligible for Chapter 7 protections, but you will have to undergo a means test to determine how much disposable income you have.

To determine this please read more about the bankruptcy means test.

Under Chapter 7 bankruptcy, you will have the ability to keep all of your exempt assets. Exempt items differ from state to state. Generally they will include retirement savings in approved pension, 401k and individual retirement accounts (IRA). They often include a homestead, vehicle and personal items. Speak to your Litchney Law Firm bankruptcy attorney about which assets are protected under the bankruptcy laws in your state.

Our fees for Chapter 7 bankruptcy vary depending on the amount of assets, issues and complexity of the case, but our fees are very reasonable and our Chapter 7 fees generally start around $1,000 and go up from there.

Experienced Sacramento Chapter 7 Bankruptcy Attorneys

We are experienced Sacramento Chapter 7 Bankruptcy Attorneys. We have helped thousands of individuals and businesses get the relief they need from their creditors through the use bankruptcy by filing a Ch. 7, Ch. 13, credit card debt negotiation or debt settlement and have successfully dealt with adversary proceedings brought by difficult creditors.  Our bankruptcy attorneys have achieved proven results and can give you the great legal advice and strategy needed to get you the results you want.  Contact us today to schedule your complimentary attorney consultation by clicking HERE or by calling 916-757-6000. We look forward to helping you with all of your Sacramento chapter 7 bankruptcy needs.



We currently have offices in Roseville, Sacramento, Folsom, and Elk Grove, as well as we pride ourselves in serving clients in all of Northern California and Southern California. Our clients also come to us from the areas of Sacramento and Roseville including the communities of Sun City, Davis, Natomas, North Natomas, Elk Grove, Lincoln, Loomis, Rocklin, and Granite Bay.

Many clients are located in the cities of Auburn, Folsom, El Dorado Hills including the communities of Serrano, Shingle Springs, Placerville, Rancho Murrieta, Rescue, Orangevale, Fair Oaks, Antelope, Cameron Park, East Sacramento, West Sacramento, Rancho Cordova and Citrus Heights.

We also serve many clients through efficient time saving ways in communities including, Fairfield, Vacaville, Walnut Creek, Chico, Paradise, Marysville, Yuba City, Redding, Red Bluff, Stockton, Modesto, and Lodi. We also serve clients in the Southern California areas of Orange County, Los Angeles, Riverside, San Bernardino and San Diego.

Our California attorneys also serve the communities in and around Sacramento County, Placer County, El Dorado County, Sutter County, Yolo County, Solano County, Yuba County, Butte County, San Joaquin County, and Santa Clara County.

Bankruptcy Law, Real Estate Law, Debt Forgiveness, Debt Settlement, Debt Negotiation, Sacramento Realtor, Bankruptcy, Ch. 7, Ch. 13, Short Sale, Deed in Lieu of Foreclosure, Foreclosure, Strategic Foreclosure, Buying Real Estate, Selling Real Estate, Mortgage Debt Settlement, Business Law, Incorporation, Contract Drafting, Buy and Sell, LLC, Corporate Requirements, Estate Planning, Living Trust, Irrevocable Living Trust, Special Needs Trust, Will, Pour Over Will, Power of Attorney, Medical Health Directive, Living Will, Deed, Intellectual Property, Licensing, Trademark, Copyright, Trade Secret.

The Litchney Law Firm and their attorneys serve professionals, executives, individuals, investors, inventors, companies and families with all of their legal needs. We currently have offices in Roseville, Sacramento, Folsom, and Elk Grove, as well as we pride ourselves in serving clients in all of Northern California and Southern California. Our clients also come to us from the areas of Sacramento and Roseville including the communities of Sun City, Davis, Natomas, North Natomas, Elk Grove, Lincoln, Loomis, Rocklin, and Granite Bay. Many clients are located in the cities of Auburn, Folsom, El Dorado Hills including the community of Serrano, Shingle Springs, Placerville, Rancho Murrieta, Rescue, Orangevale, Fair Oaks, East Sacramento, West Sacramento, Rancho Cordova, and Citrus Heights. We also serve many clients through efficient time saving ways in communities including, Fairfield, Vacaville, Walnut Creek, Chico, Paradise, Marysville, Yuba City, Redding, Red Bluff, Stockton, Modesto, and Lodi. We also serve clients in the Southern California areas of Orange County, Los Angeles, Riverside, San Bernardino and San Diego.

For more information about bankruptcy law including Chapter 7, Chapter 13 and how to relieve debt, real estate issues including short sales and foreclosure, estate planning including living trusts, wills, power of attorneys, business and corporate law including formation, contract drafting and disputes, real estate law, intellectual property law including copyright, trademark, trade secret, licensing or to set up a consultation with one of our Sacramento lawyers, please contact the Sacramento attorneys at the Litchney Law Firm, P.C.. All legal consultations are strictly confidential under attorney-client privilege.

Our Sacramento attorneys also serve the communities in and around Sacramento County, Placer County, El Dorado County, Sutter County, Yolo County, Solano County, Yuba County, San Joaquin County, and Santa Clara County.

For an experienced Real Estate Broker please visit Sacramento Realtor or visit our Sacramento Realtor blog. The information on this site is not, nor is it intended to be, legal advice. Please contact us to obtain legal advice pertaining to your situation. The transmission of information by this Website does not create an attorney-client relationship with the law firm’s attorneys. The relationship would require direct contact between you and the firm, and would also require a written attorney/client agreement that confirms that a relationship is established for legal services to be provided. The invitation to contact the firm is not a solicitation to provide professional services, and should not be construed as a statement as to the availability of any attorneys to perform legal services in any jurisdiction in which such attorney is not permitted to practice. None of the communications transmitted via the Website constitutes a confidential communication, or creates an attorney-client relationship. This Website contains information on legal issues, and is not a substitute for legal advice from a qualified attorney licensed in the appropriate jurisdiction. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. We provide Chapter 7, and Chapter 13 relief under Title 11 of the U.S. Code.

Any mention of legal services/experience on this website is made in association with the attorney who provides services as licensed California attorney and all legal services if retained for are provided for under a separate agreement with her or the attorneys of her law firm and are completely separate from any real estate services or negotiations to be provided under the affiliated brokerage. DRE #01704912.