Cyrus Roedel of Roedel Law Offices is your trusted Chapter 7 bankruptcy attorney in Boise, Meridian, Perks, and Ada County, ID. He specializes in bankruptcy filings for individuals from all financial backgrounds, bringing years of familiarity to the table in order to achieve the best possible results for clients.
About Chapter 7 Bankruptcy
Chapter 7 Bankruptcy is the most common filing for clients declaring bankruptcy. This process wipes out personal debts and allows you to start rebuilding your credit on a relatively blank slate. Assets are collected and liquidated by a trustee, with the proceeds going towards creditors. It should be noted that Chapter 7 does not entirely absolve all debts! Student loans, tax debts, child support and alimony are all carried through the bankruptcy process.
Why File Chapter 7?
The reason Chapter 7 Bankruptcy is a reliable option for many people is because Idaho law protects many secured assets during the filing process. Instead of losing your vehicle, house and other assets to bankruptcy courts, clients are able to sign Reaffirmation Agreements to realize debts and keep their assets. This then enables them to liquidate other assets to take care of debts such as credit cards or personal loans.
Why Choose Roedel Law Offices
Choosing to file bankruptcy is never an easy decision. Cyrus Roedel will help you make sure it’s the right one before you file. And, when you file for Chapter 7, we’ll be on your side to help you keep as many of your assets as possible, while liquidating others in order to absolve your debts. Our familiarity with the Chapter 7 process enables us to work in your best interests to ensure you’re not left destitute when the process is said and done.
If you’re facing insurmountable debts and are considering bankruptcy, choose the very best Chapter 13 and Chapter 7 bankruptcy attorney in Boise, ID. Cyrus Roedel of Roedel Law Offices is ready to help you face your debts and manage them appropriately, through the Chapter 7 process. Contact us today at 208-384-0003 to schedule a consultation.