Thomas Hogan Law Office – Sacramento Bankruptcy Attorney

How will a Chapter 7 bankruptcy help eliminate credit card debt and stop a pending foreclosure?

Chapter 7 bankruptcy is the bankruptcy chapter commonly referred to as liquidation bankruptcy. In Chapter 7 bankruptcy, your personal liability to any unsecured debts will be dismissed. Bills such as credit card bills, medical bills, and personal loans (aside from student loans) will be discharged as long as you qualify. A meeting of creditors takes place and a court appointed trustee is assigned to your case and will liquidate all nonexempt assets in an effort to maximize the money which is owed to your creditors. However, almost all personal assets are deemed as nonexempt and it is rare that the trustee will liquidate your belongings.

Do I qualify for Chapter 7?

If you are looking to claim Chapter 7 bankruptcy, you must make sure that you qualify. In order to meets the requirements for Chapter 7 bankruptcy, you must first pass the means test and go through credit counseling. Unless you pass the means test, you will not be able to declare Chapter 7 bankruptcy. As long as you pass the means test and obtain a certificate from credit counseling, you are on the road to a debt free life. By calling one of our Sacramento bankruptcy lawyers you can find out whether or not you pass the means test. We do this free of charge for you during a free consultation.

After Chapter 7 bankruptcy, you will gain a fresh financial start. Although your credit will be adversely affected, you will be able to rebuild your credit quickly. Within a few months you will be able to get a new credit card or car loan. Bankruptcy stays on your credit rating for at least 10 years, so if you have any questions call us today.

Sacramento Bankruptcy Attorney

Is there any other relief if I don’t qualify for a Chapter 7 bankruptcy?

If you do not qualify for a Chapter 7 bankruptcy there is also a Chapter 13 bankruptcy called reorganization. When you file a Chapter 13, a plan is created where you make payments to a bankruptcy trustee, which allows you to pay off portions of your debt based income and expenses. One advantage of this plan is the ability in certain circumstances to strip the second lien or second mortgage off of your property.

To find out how one of our Sacramento bankruptcy attorneys can help, give us a call!

Call us for a free consultation in our Sacramento, CA bankruptcy office.

Call us for a free consultation with one of our experienced bankruptcy lawyers at (916) 756-0243. We normally keep regular hours Monday through Friday from 9am – 6pm, but if the weekend works better for your schedule, just give us a call and we will setup an appropriate time for you. We will make sure you get your problems resolved.

Thomas Hogan Law Office Sacramento
331 J St #200 Sacramento, CA 94086
Phone: (916) 756-0243

Hours of operation:
Monday: 9:00 am – 6:00 pm
Tuesday: 9:00 am – 6:00 pm
Wednesday: 9:00 am – 6:00 pm
Thursday: 9:00 am – 6:00 pm
Friday: 9:00 am – 6:00 pm
Saturday: Flexible, give us a call
Sunday: Closed

Would you like to discuss your legal matter?


image description
Evyn Alvares RECEPTION (877)509-5204

I assist in scheduling new and existing clients for all offices. For initial consultations I will ask you a few questions and then find the best time for you to talk to one of the lawyers that best fits your legal matter.

Call me or use the email form and I will follow up with you right away.


The Law Offices of Tom Hogan will provide you with personalized attention and guidance. Protecting your rights is our main objective. We have been representing clients for the past 30 years and our experienced team of attorneys will advise you of the legal consequences of every decision you take.