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.