Return to list of questions How do I benefit from a Chapter 7 Bankruptcy Case?
By filing a Chapter 7, your creditors are prohibited from continuing suits against you or from attempting to collect their claims against you and your property. Rather, creditors must look solely to the Bankruptcy Court and the assets within its control for payment of their claims. By filing the Chapter 7 case and obtaining a discharge, you receive a total forgiveness of the discharged debts and a “fresh start” to a new economic life, free from debt.