Meridian Chapter 7 Bankruptcy Attorney

At Foley Freeman, PLLC, our Meridian Chapter 7 bankruptcy attorney provides solutions-focused legal representation to people who are facing significant financial difficulties. If you have any questions about your rights or your options, please do not hesitate to contact us at our Meridian law office today for a fully confidential, no obligation initial case evaluation.

An Overview of Chapter 7 Bankruptcy

Chapter 7 bankruptcy (also referred to as a “liquidation bankruptcy”) gives people and small business owners a chance at a fresh financial start. It allows most unsecured debts, such as credit card debt and unpaid medical bills, to be discharged. It is the most common type of personal bankruptcy in Idaho.

Chapter 7 bankruptcy is governed by 11 U.S.C. §§ 701–784, and it is administered by a court-appointed trustee. Among other things, the trustee reviews the debtor’s assets, sells non-exempt property, and distributes proceeds to creditors according to federal priority rules. Idaho debtors may use either federal or state exemptions under Idaho Code § 11-605. They can protect certain assets, like a primary residence, vehicle, and much of their personal property.

Note: Not everyone who is dealing with financial struggles in Meridian can file for Chapter 7 bankruptcy. Eligibility requires passing the means test under 11 U.S.C. § 707(b). Your income must fall below the Idaho median on a household-size adjusted basis.

How Our Meridian Chapter 7 Lawyer Can Help

Chapter 7 bankruptcy is a liquidation bankruptcy. At Foley Freeman, PLLC, we help people navigate the process. Going through bankruptcy is hard, but it may be the best path forward. You can learn more about the firm and reach out to us directly with specific questions. More specifically, our Meridian Chapter 7 bankruptcy lawyer is prepared to:

Hear your story and answer questions about your case;
Gather and prepare all supporting documents and records;
Guide you through the Chapter 7 bankruptcy paperwork; and
Develop a comprehensive plan to help you get the best outcome.

Chapter 7 Bankruptcy: Frequently Asked Questions (FAQs)

Can I keep my home and car in a Chapter 7 case?

It is possible for many people. Idaho allows exemptions under Idaho Code § 11-605. Using these exemptions, Chapter 7 bankruptcy filers can protect certain equity in their home, vehicle, and personal property. Our Meridian personal bankruptcy lawyer can help.

How long does a Chapter 7 case take to complete?

It depends. Most Idaho Chapter 7 cases close within three to five months after filing. The discharge typically occurs about 60 days after the creditor meeting, assuming that there are no objections or complications arise.

Contact Our Meridian Chapter 7 Bankruptcy Lawyer Today

At Foley Freeman, PLLC, our Meridian personal bankruptcy attorney has the skills and experience to take on Chapter 7 cases. If you have questions about the Chapter 7 bankruptcy process, we are here to guide you each and every step of the way. Contact us now for your completely confidential case review. With an office in Meridian, we provide Chapter 7 representation throughout Southern Idaho.

Testimonials

Mark Freeman and the Team at Foley Freeman have assisted my family & me with personal and business matters for many years. They have always provided a service that is friendly and welcoming, while implementing a professional, diligent service. They have assisted us with matters such as defense, estate planning, Buy Sell Agreements, liquidation negotiation and purchases, real estate ventures, and lien filings. I would highly recommend the team at Foley Freeman for any of your legal needs.

Keith Lewis

I’ve had the pleasure of working with the attorneys at Foley Freeman PLLC for more than twenty years. They have professionally and successfully represented my interests in personal and business matters, including assisting with business purchase and sale agreements, contract reviews, estate planning, and arbitration issues. I recommend them without hesitation.

Steve Sedlacek

Mark Freeman is our most trusted attorney for all of our estate planning needs. He and his staff were of the utmost professionalism and walked my wife and me through all the steps to make sure we had our assets, including properties in multiple states, our life insurance, and money protected for our children and future family legacy. He answered every question we asked, and even addressed issues that could come up that we hadn’t thought of. I highly recommend Mark for any estate planning needs.

Steve Angiolini

Foley Freeman was amazing to work with! We have never needed legal counseling before and contacted them with time-sensitive needs. They were very kind, eager, and thoroughly explained everything to us. We were not pressured to make decisions or made to feel that our “small” legal issue was a waste of their time. Highly recommend their services to anyone with any legal needs.

Candice M. Sumner

I just want to say thank you. This was the first time I have ever hired a lawyer, and I must say that I made an excellent choice when I went with you. You were very prompt in responding to my queries and did an excellent job. I will definitely recommend you to anyone in need of a lawyer.

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