San Diego Bankruptcy Attorney http://www.youtube.com/watch?v=BKr6N3FFqBM

Chapter 7 bankruptcy is also known as liquidation bankruptcy. It will help a individual from their outstanding debts, but the court can force liquidation of its assets to satisfy its creditors. Chapter 7 bankruptcy will cost about $ 299 between filing fees and paperwork, and will have four to six months to complete. Chapter 7 bankruptcy usually only requires a visit to court. Most of the time he was ordered to take a credit counseling course that is backed by the U.S. Trustee. Note that the laws relating to bankruptcy and types vary from state to state, so make sure you and your bankruptcy attorney are very familiar with bankruptcy law is to work in your state. Not everyone can file for Chapter 7 bankruptcy. If you have had a bankruptcy discharged in the last six to eight years, may not be eligible to file a Chapter 7 bankruptcy. The courts also review if you could be eligible to file a Chapter 13 instead.