The first, and by far, most common type of bankruptcy is liquidation under Chapter 7 of the Bankruptcy Code, also referred to as a straight bankruptcy. In this type of bankruptcy all of the debtor's (or, the person filing the bankruptcy) assets which are nonexempt are sold and the proceeds of the sales are distributed amongst creditors (everyone who is owed money by the debtor.) After doing so, the remaining debt is wiped out giving the debtor what is known as a "fresh start."

Jordan E. Bublick is a Miami personal bankruptcy lawyer whose practice is limited to chapter 13 bankruptcy (reorganization of debt) and chapter 7 bankruptcy (discharge of debt). Jordan E. Bublick has over 25 years of experience in filing personal bankrupty cases and has filed over 8,000 bankruptcy cases.

The firm offers a free initial consultation.

Chapter 7 Bankruptcy

Jordan E. Bublick is a Miami personal bankruptcy lawyer whose practice is limited to chapter 13 bankruptcy (reorganization of debt) and chapter 7 bankruptcy (discharge of debt). Jordan E. Bublick has over 25 years of experience in filing personal bankrupty cases and has filed over 8,000 bankruptcy cases.

The firm offers a free initial consultation.

Chapter 7 Bankruptcy

A recent client asked this great question:

Is your home being sold at a Walworth County tax sale? If so, you may want to know what rights you do and don’t have in regards to your real estate property. Below we’ve answered some of the most common questions regarding the tax sale process.

Frequent Questions from Home Owners Regarding a Walworth County Tax Sale

Chapter 13 bankruptcy is complicated. They are difficult cases from the standpoint of debtors, creditors, bankruptcy attorneys and at times the bench. For this reason, things don’t always proceed smoothly the first time through the process. Like anything else, there is a learning curve to doing things. For debtors, the learning curve can be drastic.+ Read More+ Read More

If you have never heard the term “debt buyer,” you might be amazed to learn that large companies exist solely for the purpose of buying and selling consumer debt. These companies buy and sell billions of dollars of debt.

Upcoming Webinar Series: Collect Your Money in Bankruptcy
Attorneys Scott Chernich and Patricia Scott will be presenting a FREE webinar series this fall titled “Collect Your Money in Bankruptcy.” This three-part series will cover what to do as a creditor if you receive a bankruptcy notice in a Chapter 7, Chapter 11 or Chapter 13 bankruptcy. Read More ›