CHAPTER 7 Bankruptcy disclaimer and important information

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

• As a Debtor, you have a duty to be honest and give FULL disclosure of all your assets, all your debts, and all your sources of income when filing for Bankruptcy.
• Under 18 U.S.C. §157: Bankruptcy Fraud is punishable in federal prison for up to five (5) years and a fine of up to $250,000. The court may seize all of the defendants assets to recover the restitution judgment. These assets may include your properties, bank accounts and other assets.
• The Fundamental Goal of the Federal Bankruptcy Laws enacted by Congress is to give debtors who are burdened by debts a "Fresh start".
• Only Legally Dischargeable Debts can be discharged. Debts such as spousal support, child support, student loans and taxes are not dischargeable. 
• You may be able to keep your vehicle, real properties (house, condo, apartment, etc) and personal property.
• If your vehicle and home have loans, you must sign a reaffirmation agreement in order to keep these assets.
• If you are filing for personal bankruptcy, you understand that you may not pay for your bankruptcy legal and court fees with your credit cards. You may only pay via debit or cash. A third party (non filing person) may pay via credit card so long as they are not a filing party of the bankruptcy case.