Herrman & Herrma...
4801 Northwest Loop 410 suite 91...
Chapter 7 bankruptcy is an option for individuals and households to start over with a clean financial state. With this option, a trustee is appointed who collects your assets and sells what cannot be collected in order to pay off your creditors and wipe your debts clean. Additionally, you can choose to keep some secured assets, like your home or your car, by assigning a reaffirmation notice.