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Here’s What Actually Happens When You File for Chapter 7 Bankruptcy

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AskTheLawyers™

There are plenty of myths, lies, halftruths, and stigmas surrounding bankruptcy. As bankruptcy attorney David Shuster reveals in this interview, they are far from reality.

David Shuster is a debt relief attorney with Shuster Law, PLLC in the Dallas—Fort Worth area. He says that a quick, private phone call to an attorney can give you eyeopening advice.

Contact David directly by calling 8883650921.

Learn more at his AskTheLawyers.com™ profile: https://bit.ly/2QsbVpf

Topics covered in this interview:

0:28 Why is there a stigma surrounding bankruptcy?
2:01 How do people react to their first meeting with a bankruptcy attorney?
3:13 What is Chapter 7 bankruptcy? How does it work, step by step?
4:41 Do you lose your assets when you file for bankruptcy?
6:10 In Texas, will you lose your house or car when you file for Chapter 7?
7:12 What sort of debts can you discharge in Chapter 7?
8:32 At what point should someone ask a lawyer about bankruptcy?
10:17 How does bankruptcy affect your credit?

Disclaimer: This video is for informational purposes only. In some states, this video may be deemed Attorney Advertising. The choice of lawyer is an important decision that should not be based solely on advertisements.

posted by ribzilkynibod