About Chapter 7 Bankruptcy


A Chapter 7 filing is a form of bankruptcy protection in California that allows a person to eliminate their debt through discharging it. Only certain individuals can qualify for Chapter 7, and must pass a “means test” to see if they qualify. This test is used to determine whether you have the means to pay for your debt or not. There are very distinct income levels that must be met in order to qualify and normally most individuals filing for this type of bankruptcy do not have many assets. To find out more on whether you can qualify for a Chapter 7 filing, contact a bankruptcy attorney at The Law Office of Stewart Lim. Our office can help you stop the harassing phone calls and threats of foreclosure and wage garnishment that you may be receiving.

If it is determined that you are eligible for this type of filing, your debts will be discharged once any non-exempt assets you have are used to repay your existing creditors. This type of filing is great for eliminating the following types of debt:
  • Personal Loans
  • Credit Card Bills
  • Medical Bills
  • Utility Bills
  • Department store bills

The law does not allow for certain debt to be discharged, except with very specific exemptions. These types of debt include:
  • Property taxes
  • Child support
  • Student loans
  • Income tax debt
  • Alimony payment
  • Court-ordered fines or penalties

Our office will work closely with you to list out all of your assets and debts, and along with a Trustee of the Bankruptcy Court, will determine how your creditors will be paid. The process can take a few months, but at the end of the process, you are debt free!

Contact Our Office For Help With Your Chapter 7 Filing

When you meet with our office for your free initial consultation, our experienced attorneys can advise you as to the best course of action for you to take in handling your debts. With over 10 years of experience helping the residents of Long Beach, Orange County and surrounding cities, tThe Law Office of Stewart Lim is here to help you. When you are being harassed by creditors, let our office take the reins and eliminate those calls and threats. Call us today to schedule an appointment.

A Chapter 7 Bankruptcy may be the right action to handle your debt. Find out by contacting tThe Law Office of Stewart Lim today: (888) 556-5858