Alabama Bankruptcy Attorneys
Chapter 7 Bankruptcy
Our practice is based on providing exceptional legal
services for very reasonable fees. We discuss all
fees up front so that you will have a clear
understanding of how much your case will cost.
100% Attorney Representation
At Covey Law, pc, your case will be handled by an
attorney, not a legal assistant, every step of the
way. Unlike many firms, you will always be able to
speak with your attorney to ask questions about
Payment Plans Available
We offer flexible payment plans that can be
structured to fit your needs. We can often get
started on preparing your case for as little as
Most Consumer bankruptcy cases are filed under Chapter 7 of the Bankruptcy Code.
Chapter 7 is the type of bankruptcy that most people think of when they hear about bankruptcy and it is also the most popular type of bankruptcy. In order to qualify for Chapter 7 relief, your income typically must not exceed a certain level. We will be happy to discuss your situation with you and determine if you qualify for Chapter 7 Bankruptcy.
Although this chapter is referred to as liquidation, you are entitled to many "exemptions" that will allow you to keep most, if not all of your personal property after filing for Chapter 7 relief. In most cases, the exemptions will exhaust the bankruptcy estate and consumers will be able to keep all of their property. Chapter 7 bankruptcy does not require you to develop a plan to pay back your debts over a period of time.
Typically, a court appearance is not required for a Chapter 7 case. There is however, a mandatory creditors’ meeting that must be attended after filing your case. This meeting takes place approximately 30 days after filing your case and is regularly concluded in five to ten minutes.
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