Chapter 7 Bankruptcy | Is Your Debt Enough To File For Bankruptcy Chapter 7

Chapter 7 Bankruptcy can be confusing. In this video, you will learn how much debt you need to file for Chapter 7 bankruptcy.

If you are interested in finding out how the bankruptcy process works, subscribe and give this video a like! In this channel, Bankruptcy Attorney John Skiba shares valuable information that can help you deal with your serious debt problems.

🔥📆 Book an appointment to speak with John: (Arizona Residents Only) [phone].

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KEY MOMENTS
00:00 Intro & Summary About Chapter 7 Bankruptcy
00:35 Chapter 7 Bankruptcy Process
2:58 5-Year Rule

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MORE ABOUT JOHN SKIBA
John Skiba is a bankruptcy & consumer protection attorney in the state of Arizona.

John helps clients with chapter 7 bankruptcy & chapter 13 bankruptcy for Arizona residents.

🌵🌵🌵🌵🌵 ARIZONA RESIDENTS ONLY: If you live in the state of Arizona and need help with a junk debt buyer lawsuit or need to file bankruptcy I can help you directly.

John offers informational products and strategies for consumers facing serious debt problems - particularly those being sued by junk debt buyers like Midland Funding, Portfolio Recovery Associates, Cavalry SPV, and many more.

[Prodigal]

5 yr payoff comment, first time hearing that, makes me think, TY!

[stevefox]

How did I go bankrupt? Two easy steps. Gradually and then suddenly.

[Lee-fivo]

You are a voice of reason and very reassuring. Thank you for your channel!

[seekinghimdaily]

If you have *CRAZY* credit card debt, but you are current and have never missed a payment… bankruptcy is still suitable, right? 😓

[amberrelusco]

I enjoy watching your videos🥰.
Don't loose hope, bankruptcy is maybe a part of your business .you better try it again untill success is in your hand.godbless.

[midnite]

Hi John,
Great info!
Ok, here is my question.

you think an old credit card judgment,
maybe 10 years or older,
could be negotiated into a much smaller amount,
due to many years of not being able to collect,
along with the threat of a possible bankruptcy????

[scottyg]

I've heard debt settlement companies can be shady and your credit score still takes a hit. Is that true in your experience? Thanks for the video!

[timothyfolsom]

will my future business credit be affected if I file for bankruptcy under an LLC with no personal loan guarantees?

[mochamarie]

Do you have any honest contacts in Minnesota financial advice and possibly bankruptcy???? My husband and I are in our mid 50's with some debt. We just are living paycheck to paycheck and we got teens yet in our house. What can we do? My husband is working overnights still at UPS and he has 2 college degrees. Its a long story. Both kids have high functioning special needs. We need help.

[bignamehusband]

Would a chap. 7 remove my positive accounts or just charged off accounts? Would I drop points then just have to rebuild or would it eliminate all accounts on my report? I have over 40k worth of credit cards all positive payments, but I do have a 3k card from when I was 27. Im 33 now and have continued to do way better with credit since paying on time with my card. Credit cards and even two loans which lifted my score. But that is still there. My scores are 660ex, 680 tran, 640 EQ