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Bankruptcy

If you’re overwhelmed with debt, behind on bills, facing lawsuits, garnishments, repossessions, or foreclosure, bankruptcy may provide the fresh start you need.

 

Bankruptcy is a legal process that can:

 

  • Eliminate or restructure overwhelming debt

  • Stop collection activity immediately

  • Protect your home, vehicles, wages, and essential property

  • Give you a clear path to financial recovery

 

If you are considering bankruptcy, fill out the contact form below and someone from Eller Legal will reach out to you within one business day. 

What Is Bankruptcy?
A Clear, Honest Overview

What Is Chapter 7 Bankruptcy?

 

Chapter 7 is the most common type of bankruptcy for individuals.

 

Here’s what it can do:

 

  • Wipe out most unsecured debt (credit cards, medical bills, loans, repossession balances, etc.)

  • Give you fast relief — most cases finish in about 3–4 months

  • Stop all collection activity as soon as the case is filed

 

Most Chapter 7 cases are “no-asset cases,” meaning you don’t lose anything. You keep your home, car, clothes, furniture, and other normal property if it’s covered by exemptions.

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Who Can File Chapter 7?

 

You may qualify if:

 

  • Your income is below a certain level OR

  • You pass the “means test,” which compares income and expenses

  • You have mostly personal (not business) debt

 

We check this for you during your consultation.

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Usually wiped out:

 

  • Credit cards

  • Medical bills

  • Personal loans

  • Old repossession balances

  • Payday loans

  • Utility bills

  • Many judgment debts

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Usually NOT wiped out:

 

  • Child support

  • Alimony

  • Most taxes

  • Student loans (in most cases)

  • DUI-related debts

  • Debts involving fraud or intentional harm

 

We will review each debt with you so you know what stays and what goes.

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What We Look at During Your Consultation

 

To see if bankruptcy can help, we review:

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  • Your Property - Do you own a car or home? Is there any equity? Exemptions usually protect most property.

  • Your Income - We see whether you qualify under the means test.

  • Your Debts - How much you owe, who you owe, and what types of debts you have.

  • Any Recent Financial Issues - Large payments, transfers, or recent credit card use can sometimes matter.

 

Everything you share is confidential.

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How Long Does a Chapter 7 Take?

 

Most cases follow this simple timeline:

 

  • Week 1–2: Consultation + gather documents

  • File the case: All collections stop

  • Month 1–2: Attend the 341 Meeting

  • Month 3–4: Receive your discharge

 

That’s it. Most people are surprised by how fast and smooth the process is.

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Common Questions

 

 

  • Will I lose my house or car?

    • Usually no. Most people keep everything.

  • Will my spouse be affected?

    • Not unless they also file. In some cases we need their income to complete forms.

  • Will bankruptcy ruin my credit forever?

    • No. Many people start rebuilding right away and qualify for credit again within 1–2 years.

  • Will my employer find out?

    • Usually not, unless there is a garnishment that must be stopped.

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Ready to Talk?

 

You don’t have to deal with debt alone. One conversation can give you answers and relief.

 

Call or Text: 682-RIP-DEBT

Free, confidential consultation

 

Eller Legal — Helping people get a fresh start.​

 

Legal Disclaimer

 

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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