What To Expect Before & After Chapter 7


When clients approach me for assistance with Chapter 7 bankruptcy, they have many questions. Can I keep my property? How will this affect my credit score? What will my financial life be like after filing for bankruptcy? Based on many years of experience, I understand their concerns and am dedicated to providing accurate answers and preparing them for what to expect before and after filing for Chapter 7 bankruptcy.

To arrange a free, no-obligation consultation directly with me, Jason Karavias, Esq., call 412-223-7924.

Before Filing For Chapter 7 Bankruptcy

Before filing for Chapter 7 bankruptcy, it is important to seek legal counsel from an experienced lawyer. I will conduct a thorough analysis of your finances and make a recommendation regarding your eligibility to file Chapter 7. If we determine that this is the best option for you and proceed with filing for Chapter 7 bankruptcy, you can expect the following:

  • Collection activities, including bank account restraints, wage garnishments, harassing phone calls and letters from creditors, will stop.
  • You will attend a meeting with the trustee who oversees your case.
  • You will complete credit counseling and financial management courses.
  • All qualified unsecured debt will be discharged within approximately four months.
  • You will likely be able to keep all of your personal property, including your home and vehicle, as these types of property are typically exempt during Chapter 7.

After Filing For Chapter 7 Bankruptcy

One of the main concerns people have regarding filing for bankruptcy is the impact it will have on their credit scores. While a Chapter 7 bankruptcy filing may impact your credit score, it will also get rid of the debt and late payments that have already been bringing your score down. It will also allow you to start rebuilding good credit and achieve a fresh financial start. Usually, people who file for Chapter 7 will be able to rebuild their credit scores and obtain lines of credit within one to two years.

Attorney Serving Allegheny County And The Surrounding Areas

I advise my clients how best to rebuild their credit after filing. My goal is to help you learn how to live debt free and prepare you for a long future of financial success. To discuss the Chapter 7 bankruptcy process, call my Pittsburgh, Pennsylvania, office at 412-223-7924 or contact me online to arrange a free consultation.

My firm is a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.