Chapter 7 Bankruptcy Lawyer in New Hampshire
Over 20 Years of Legal Experience!
Many differences between
Chapter 7 and
Chapter 13 of the United States Bankruptcy Code need to be understood when you are
pursuing bankruptcy for debt relief. Chapter 7 bankruptcy is considered
the straight or liquidation form of bankruptcy. Upon successful completion
of your Chapter 7 bankruptcy, your non-exempt assets will be liquidated
and your debts will be discharged. Exemptions are allowed to help you
keep the property that is most important to you.
New Hampshire Bankruptcy Exemptions
In New Hampshire, both federal and state exemptions are available. The
state offers a choice of either type of exemptions for individuals who
are looking to file.
The New Hampshire homestead exemption allows for:
- $100,000 of real property or manufactured housing
- Motor vehicles up to $4,000
- Furniture up to $3,500
- Jewelry up to $500
- 1 cow, 6 sheep and their fleece, 4 tons of hay
Exemptions also exist for other types of property. All other assets will
be liquidated to satisfy the creditors. I understand how important it
is for you to have your property protected. I can help use the New Hampshire
exemptions to your advantage so that you can make the most out of your
Chapter 7 bankruptcy case. If federal exemptions can benefit you, I can
review those options with you as well.
Filing for Bankruptcy Under Chapter 7
If you plan to file under Chapter 7 of the bankruptcy code, I can help
you determine what your personal unsecured debts are.
Common debts that can be discharged include:
Many debts, however, cannot be discharged, including:
- Unpaid child support
- Unpaid alimony
- Student loans
- Court-ordered fines
Bankruptcy laws are created to help individuals ease their financial burdens.
As your New Hampshire bankruptcy attorney, my goal is to help you obtain
financial freedom. Filing on your own or merely with a paralegal's
help with the paperwork can lead to disastrous errors and consequences.
I can help you file successfully and yield the full benefits of bankruptcy,
not matter which chapter you choose.
In order to file for Chapter 7 bankruptcy, you will need to take the means
test, which will evaluate your median household income. If Chapter 7 is
in your best interest, I can help you through the entire process.
Contact Manchester Bankruptcy Attorney Bryan W. Clickner
Areas of Practice