EXPERIENCED CHAPTER 7 BANKRUPTCY
ATTORNEY IN NORTHERN NEVADA

What is Chapter 7 Bankruptcy? A chapter 7 case begins with the debtor filing a petition with the bankruptcy court serving the area where the individual lives or where the business debtor is located. Along with the petition, the debtor must also file the following with the court: schedules of assets and liabilities; a schedule of current income and expenditures; a statement of financial affairs; and a schedule of executory contracts and unexpired leases.

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In order to complete the Official Bankruptcy Forms that make up the petition, statement of financial affairs, and schedules, the debtor must compile the following information:

  • A list of all creditors and the amounts and nature of their claims;
  • The source, amount, and frequency of the debtor's income;
  • A list of all of the debtor's property; and
  • A detailed list of the debtor's monthly living expenses, i.e., food, clothing, shelter, utilities, taxes, transportation, medicine, etc.

IS BANKRUPTCY RIGHT FOR YOU?

Before resorting to bankruptcy, other financial solutions should be tried. A lawyer can help you weigh all factors involved, such as the type of debt, what advantages various types of bankruptcy can offer you, and which debts bankruptcy discharges and which it does not. A bankruptcy lawyer in Reno can help you decide whether bankruptcy is right for you. At the Law Offices of Sean P. Patterson, we understand that you already feel bogged down in debt. We offer a payment plan that makes our quality services affordable. Our services can be retained for as little as $100.

SEEK AN EXPERIENCED BANKRUPTCY LAWYER

Bankruptcy laws are complex and documentation for filing is extensive. A bankruptcy lawyer can ensure you meet all requirements, comply with deadlines, and guide you through the legal process. Unless you seek legal advice from an experienced lawyer, you may not effectively address your debt. A knowledgeable bankruptcy attorney can prove invaluable when dealing with insolvency.

SEAN P. PATTERSON

Sean P. Patterson is an experienced bankruptcy lawyer. Our law firm can explain the nuances of bankruptcy and help you determine whether it is appropriate for you. Contact the Law Office of Sean P. Patterson today.