Chapter 7 Bankruptcy FilingsGrand Rapids Bankruptcy Attorneys

Golden & Jernigan P.C. is a full service law firm specializing in family law, bankruptcy law, immigration law, and social security law in the Greater Grand Rapids and West Michigan areas.

In a Chapter 7 Bankruptcy Filing, all unsecured debts, with a few exceptions, are eliminated. Unsecured debts such as credit cards and medical bills are eliminated, leaving only secured debts such as homes, cars, furniture, electronics, etc. to be reimbursed.

In a Chapter 7 filing, individuals may retain possession of their property and debts are usually repaid to secured creditors. Alternatively, the debtor can return the secured property to the creditor and not reaffirm the debt or pay the debt.

A typical Chapter 7 bankruptcy filing lasts about 4 months, in which at the conclusion, the debtor receives a discharge of all debts listed in the court petition.

Exceptions to Unsecured Debts

Certain unsecured debts in a Chapter 7 filing are exempt from discharge. These unsecured debts include certain taxes, student loans, child support, alimony, debts as a result of fraud, and debts as a result of a drug or drunk driving conviction.

Chapter 7 Bankruptcy Qualifications

Qualification for Chapter 7 protection is based on means testing outlined in the Bankruptcy Reform Act of 2005. To qualify for Chapter 7 bankruptcy, your income must be below the medium income line of the current year. If it is, you qualify for Chapter 7 protection.

If your income is above the median income, you may still be able to qualify for Chapter 7 bankruptcy protection. Under the means testing model, certain deductions, based on the number of people in the household, may be taken for housing, food, clothing, etc.. If these deductions place you under the median income, you will also qualify for Chapter 7 protection.

Request a Consultation

Finding the right attorney is one of the most important decisions you will make during your bankruptcy proceedings. With Golden & Jernigan P.C., expect immediate answers to all of your bankruptcy law questions, aggressive representation, and timely settlements.

If you are involved in a bankruptcy case, an expert bankruptcy law attorney is not an option, it is a necessity! We invite you to contact us today at 616.866.3350 to schedule a consultation to discuss your case. Our experienced and knowledgeable bankruptcy law attorneys are here to assist anywhere in the Greater Grand Rapids area.


Proudly Serving All of Kent County Including Grand Rapids, Rockford, Ada, Cascade, Kentwood, Wyoming, & More

Rockford Office

50 Courtland Drive

Rockford, MI 49341

Phone: 616.866.3350

Fax: 616.866.3397

Grand Rapids Office

50 44th ST SW

Grand Rapids, MI 49548

Phone: 616.538.5510

Fax: 616.538.6871

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