Chapter 7

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Chapter 7 Bankruptcy Attorney In Lafayette & Baton Rouge

Are you struggling with overwhelming debt? Do you feel like there's no way out of your financial situation? Filing for chapter 7 bankruptcy may be the solution you need.


At Grey Lex, LLC, we understand that dealing with financial difficulties can be stressful and emotionally draining. That's why our team of experienced attorneys is dedicated to helping individuals and businesses in Louisiana navigate the complex process of filing for chapter 7 bankruptcy. With our knowledge, we can guide you through each step and help you achieve a fresh start towards financial stability.

Call Grey Lex, LLC at 225-535-8255 to schedule a consultation with a lawyer today.

what is chapter 7 bankruptcy?

Chapter 7 bankruptcy, also known as "liquidation bankruptcy", is a legal process that allows individuals and businesses to eliminate most of their debts by liquidating their assets. This type of bankruptcy is typically used when the debtor has little to no income and cannot make payments towards their debts.

In chapter 7 bankruptcy, a trustee will be appointed to oversee the liquidation process. The trustee's role is to gather and sell the debtor's non-exempt assets, distribute the proceeds among creditors, and discharge any remaining eligible debts.

benefits of filing chapter 7

Filing for chapter 7 bankruptcy offers several benefits to individuals and businesses struggling with debt. These include:

  • Immediate Relief: When a debtor files for chapter 7 bankruptcy, an automatic stay goes into effect which stops creditors from taking any collection actions against the debtor. This provides immediate relief and protection from harassing phone calls, wage garnishment, lawsuits, and more.
  • Debt Discharge: Upon successful completion of chapter 7 bankruptcy, most of the debtor's eligible debts are discharged, giving them a fresh start towards financial stability.
  • No Repayment Plan: Unlike other types of bankruptcy, such as chapter 13, there is no repayment plan involved in chapter 7 bankruptcy. This means that debtors are not required to make monthly payments towards their debts.


Filing for chapter 7 bankruptcy can be a complex and overwhelming process. At Grey Lex, LLC, our team of experienced attorneys can provide you with the guidance and support you need to navigate this process successfully.

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Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.

Have Questions?

Call Grey Lex, LLC at 225-535-8255 today to speak to an attorney.

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