Chapter 7 Bankruptcy Explained | Step by Step

Finally! Chapter 7 bankruptcy explained step by step. For many who are struggling with serious debt problems the biggest source of stress and fear is not knowing what option are available.

In this video Attorney John Skiba walks you through the chapter 7 bankruptcy process - providing you with the information you need to make an informed decision.

🌟 Are You Ready to Break Free From the Chains of Debt?

🚀 Take Control of Your Financial Future Today!

You're not just another statistic in the world of debt and financial struggle. You're a fighter, ready to reclaim your financial freedom. And we're here to guide you every step of the way.

✅ Why Schedule a Consultation?

Personalized Solutions: Every debt story is unique. Get tailored advice that fits YOUR financial situation.

Expert Guidance: With over 20 years of experience in bankruptcy and debt defense, you'll receive top-tier legal strategies.

Empowerment: Knowledge is power. Understand your rights and options to make informed decisions.

Confidential & Judgement-Free: Your privacy is paramount. Discuss your situation in a secure and understanding environment.

👉 Don't let debt define your life. It's time to write a new chapter, one where you're in control. Your journey towards financial freedom starts with a click.

Book Your Free Strategy Session Now!

👉 Representing Yourself? Check Out These Forms, Templates, and Video Tutorials for Defending Debt Collection Lawsuits.

RECOMMENDED VIDEOS
If you enjoyed this video, I invite you to watch the following two:

I guarantee you will find them valuable.

KEY MOMENTS
00:00 Intro
01:20 Chapter 7 Explained
05:45 Unsecured Debts
12:10 Discharge Order

#debt #bankruptcy #chapter7bankruptcy

[Jesusca]

i have to watch these videos on youtube because they didn't teach us this in high school thanks for the awesome video attorney john skiba

[Ksheffi]

Thank you for explaining Chapter 7 in layman's terms. This is something the schools should teach, but don't. Again, thank you very much.

[sarahconner]

Thank you for 'dumbing' that down for me. I just got a job opportunity to e-file cases for an Attorney friend of mine and he is so smart that he doesn't comprehend stupid (me🤕[Brain damage emoji])! He tried to explain it to me three times and I was still asking stupid questions. You have a rare talent. There are some multilingual smart people, and many bilingual smart people; Although you may only speak one language, you have a gift of explaining a highly complicated matter to us simple folks so that we can understand it. I am very grateful to you for sharing this video. I attempted to watch 3 other similar videos and was just perplexed that the other Attorneys were losing my interest because they were babbling on about 522a this and 11USC 522D that. It was just overwhelming. You are very kind and it's nice to see that there are Attorneys out there with genuine integrity, good intentions and a sincere desire to help people no matter what their station in life. Yer one o' the good ones! I truly appreciate you ❤️ Fat girl hugs n kisses!!🐘

[skalyuzhny]

It’s important to note that once you file for Chapter 7 that you can’t go back. So if you come into an inheritance or sell something to pay off some of your property. This was very informative. Writing a paper on this topic. Thank you.

[bethart]

We talked to a bankruptcy lawyer in 2019 and decided to wait and see what happens with all our debt. We are finally starting to get sued. So it is time to file. We have a lot of debt but it is all unsecured. We rent an apartment, have a car loan, own another car worth 3000, and have regular appliances/furniture in the home. Seems like it will be fairly easy...easier than most cases anyways. My question is we just filed taxes and are recieving about 6000 back. Are they going to take that? We are in Oklahoma. Thanks for all your help. I have been listening to you and filed an answer to a lawsuit. Waiting on that and just recieved word we are being sued by others. So we decided it is time to just file. The good thing is we haven't used those cards or racked up any other debt in over 2 years. We have learned our lesson and hope to get a fresh start.

[Consumer_Warrior]

🌵🌵🌵🌵🌵 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.


Filing for bankruptcy is a big decision that can have a lasting impact on your finances. Before you make the jump take the time educate your self on the process. Check out my online educational courses:



Check out these other Consumer Warrior tutorials:

[carolinae.]

This helped so much for my consumer bankruptcy class! Really helped with the big picture of Chapter 7

[melissaskeete]

I am considering this now. Thank you for the insight and knowledge

[akiyathompson]

Your video was very great going over Chapter 7 Bankruptcy. Liked the thoroughness on how you explained bankruptcy step by step very well.

[ArtByLynn]

That was the most informed I've ever gotten. I'm ready

[frankacosta]

Thank you information very helpful I’m ready start my process now start new life fix my credit being young ignorant-didn’t know that can damage your life ready move out live in home.

[cowser]

I’m 26 and last year I got sick and had to be in the hospital and had surgeries. Costed $43k and had bad financial decisions as a youngster in college so I’m thinking about it.

[melissajnkns]

Thank you for taking the time to explain this to us and answering questions. That is very kind of you.

My question is about the homestead exemption. Do they subtract the closing costs and all fees associated with selling from the number as well?
My exemption in WA state is $125k and the one thing I’ve done right in my financial life was buy at the right time and I now have just over the exemption limit. I was hoping they figure in selling costs and subtract it before they decide if it’s over the limit.
Any information would be appreciated.
Thanks again for your time.

[darrylcrouch]

Thank you for your clear explanation on chapter 7 bankruptcy. Very thoughtful and easy to follow along, widh I had this info years ago.

[mt]

I did 2-Chapter 7's within 8 years and both times I Discharged Big Time IRS Taxes and I did it all Myself....It Was All Easier Than Falling In LOVE....
Woot Woot....L0L....

[chuckyjules]

You are awesome my friend!!!..Thanks for taking the time the give us all this useful information!!

[lightning]

I wanted to add, I’ll pay you for answering my question. I live in Louisiana. I think you will find my case interesting.

[GabrielYeager]

This has been so helpful. I wish you practiced in Massachusetts.

[briannaarteaga]

I’m married and bankruptcy looks like my only option . Will this affect my husband or anything he owns in any way ??? I don’t have any assets

[Whitebeard]

Ok. Here's my situation. I'm on fmla. My cc debt is now 18, 000. I'm only receiving 70% of my pay because of fmla. I'm looking at l knee surgery on the 22nd this month. I'm receiving medical bills and paying child support. I'm struggling to make vehicle payment, camper payment, and medical bills and cc. Payments... debt consolidation wants to charge me 400 a month on all credit card debt combined. I'm co sidering, filing. My credit also went from 800 to 646. I'm ball of nerves. Any