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Chapter 7 Bankruptcy

Chapter 7 Bankruptcy – Starts at $925.00

Over 800+ Cases Filed – 99% Success Rate

You are being harassed by creditors throughout the day. Your wages are being garnished. You are about to lose your house. It is time for a fresh start. It is time for you to contact a bankruptcy lawyer at MacLean Chung Law Firm to begin putting your financial life back together. Our bankruptcy attorneys offer free consultations for new Chapter 7 bankruptcy cases, contact us today to learn about your options.

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Also referred to as liquidation bankruptcy, Chapter 7 bankruptcy has the power to liquidate nearly all of your debts. Although it is a powerful remedy to discharge debt, it does not discharge every kind of debt. Debts such as student loans, spousal support, and child support usually survive Chapter 7 bankruptcy and there are complex rules surrounding the dischargeability of tax debt.

Many questions arise when considering filing for Chapter 7 Bankruptcy, including:

  • Am I going to lose my car and my house?
  • Am I going to lose all my money?
  • Will they come to my house and take all of my property?
  • Do I qualify for bankruptcy?
  • What is the bankruptcy process?
  • Are there alternatives to fling for Chapter 7 bankruptcy?


In order to qualify for Chapter 7 bankruptcy, a debtor must pass the “Means Test”. The “Means Test” has several parts and there are many opportunities for debtors to pass the test. The first part is based upon your income and whether or not it is above or below California’s median income. If your income is below California’s median income you qualify for Chapter 7 bankruptcy. If your income is above the median, your actual expenses must be taken into account. If you do not qualify for Chapter 7 bankruptcy, a Chapter 13 bankruptcy may be your best alternative.

Most Chapter 7 filings in California are considered “zero asset” cases, meaning that none of your property can be seized by the court because it is protected by an applicable bankruptcy exemption. As such, unsecured creditors receive no additional money from you. In most cases you will be allowed to simply walk away from your debt and keep all of your property. If your property exceeds the exemption amounts, we will work with you to protect your property and maximize your exemptions.

You may be focused on the negative stigma attached to the filing of Chapter 7 Bankruptcy. You may view bankruptcy as an admittance of failure. This is simply not true. Filing for bankruptcy gives you an opportunity to get a fresh financial start, to move forward in your life and to not be saddled with a mountain of debt for the remainder of your life.


Contact The Chapter 7 Bankruptcy Lawyers Of Maclean Chung Law Firm To Schedule A Free Consultation

The bankruptcy lawyers at MacLean Chung Law Firm provide legal advice and representation in communities throughout Los Angeles County with offices in Burbank, Pasadena, Torrance and Valencia. Our office hours are from 9 a.m. to 5 p.m., Monday through Friday, but our bankruptcy attorneys are available to meet with clients at any time by appointment. Our main office is in Burbank. For your convenience, we can meet by appointment at our branch offices in Torrance, Valencia and Pasadena, California.

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