Matthew A. Dunaway - Attorney At Law

Birmingham Bankruptcy Lawyer & Alabama Debt Collection Defense Attorney

Birmingham, Alabama
205.705.3590

Bankruptcy – Chapter 7

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Chapter 7 Bankruptcy Attorney Birmingham, Alabama

“Will & Amy”

“Bankruptcy?  I don’t want to file bankruptcy”, Amy repeated.

Will and Amy sat on the floor surrounded by mounds of paper…all bills.  The kids were asleep, finally.  The phone had stopped ringing; after they unplugged it.

“I don’t want to file either, but…”, Will said.  He sat rubbing his forehead.  His head pounded.

Neither had expected this.  They were young, educated, hard-working and broke.  Amy’s job loss had hurt.  Will’s pay cut hurt worse.  The equity they thought they had in their house had evaporated.  Bill collectors called constantly.  Some were nice; most weren’t.

Talking to the mortgage company was like entering an insane asylum: on hold for hours, transferred to different departments, never talking to the same person twice, offers of hope from one person were denied by the next person they talked to.  Fees, fees and more fees; where did all the fees come from?

“What are we going to do?”, Amy asked.

Does this sound familiar?

Chapter 7 – Bankruptcy

Chapter 7 Bankruptcy is something few people like to think about, but if you are overwhelmed by debt, it may be the best option for you.  It can erase most of your debts and give you the fresh start you need .

Some debts that are NOT discharged (erased) in Chapter 7 are:  taxes, student loans, child support/alimony/marital debts and a few others.  Most common debts that are discharged: credit cards, automobile debts, mortgages, etc…

If you feel overwhelmed by debt and don’t think there is ever a way you will be able to “dig out”, then Chapter 7 Bankruptcy may be the option for you.

Contact me to schedule a free consultation to talk about your situation and options.

Chapter 7 FAQs:

Here are some frequently asked questions (FAQs) about Chapter 7 Bankruptcy:

1. Will filing Bankruptcy stop a garnishment? Yes.

2. Will it stop a foreclosure?  Yes, BUT, only for a short while.  If you’re interested in saving your home from foreclosure, Chapter 13 Debtor’s Court is an option.

3. Will it ruin my credit forever? No.

4. Do I have to got to court?  Yes, you will likely go to court, but usually only once…about 30 days after your case is filed.

5. Will I lose my house and car?  No, not necessarily; I can explain this in further detail, during an in-office, free consultation.

6.  What do I get to keep if I file Bankruptcy?  Most people who file bankruptcy do not have to give up any property.  After a review of your specific situation, I can explain to you what you can and can’t keep.

7.  How long will my case last?  Most bankruptcy cases last about 4 months.

Call me at 205-690-1542 to schedule a free consultation to discuss your situation and options.  It’s free and will give you the information and knowledge you need to determine whether bankruptcy is right for you.

Schedule your FREE phone consultation today. Call 205.705.3590 or fill out the form below:

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Client Testimonials

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Iris H.

Matt, You made my bankruptcy experience so easy and smooth. How can I ever thank you? I came to you, afraid but hopeful. I became confident that everything would work out in my favor after talking with you several times, and I thank you so much for those assurances. I was drowning in debt which was affecting my health, both mentally and physically, due to all the stress from having to deal with financial problems most of the time. I had the best family Thanksgiving this year, since I was free of that burden. I am happier and healthier now,… Read more “Iris H.”

Iris H.

Lotnina E

He was so helpful and made me feel at ease every step of the way!

Lotnina E.

Mel H.

With all the anxiety I had going into this process. You made it as easy as possible. From always being available to answer all the questions to never making me feel ashamed of my current financial position. You gave me hope and helped me to feel that this was not the end but rather the beginning. Thank you again for all your help!

Mel H.

Ron M.

I felt you were very knowledgeable about what you are doing and you actually care about your clients. I’m glad I drove the hour to your office instead of choosing a lawyer that was just 5 minutes from my house. We want to Thank you for All your help. Thank You very much for taking time to here our situation and helping us through that difficult time.

Ron M.

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Hello, I am Matt Dunaway

I like helping people. That’s why I practice law and focus in the areas I do. Sometimes, things don’t go like we expected them to go. I can vouch for this from personal experience. And sometimes, we need help getting back on track.

That’s what I do. I help people get back on track, financially.

Read Matt's Bio

Location

One Perimeter Park South
Suite 100 North
Birmingham, AL 35243
 

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