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Nationwide Bankruptcy Attorneys Is Debt Consolidation or Bankruptcy Right For You?

Watton Law Group has helped thousands of people manage their overwhelming debt. Contact our firm today to get started.

Chapter 7 Bankruptcy Lawyers

Helping You Understand & Use Chapter 7 Bankruptcy

Devastating debts can make every day feel like a struggle. You are not trapped under debt forever, though. With Chapter 7 bankruptcy, you will be able to discharge most or all of your debt, so you can feel financially in control of your life again.

Getting a Chapter 7 bankruptcy filing approved has a few steps. Along the way, we will advocate on your behalf, interact with the court, and deal with creditors. To explore your bankruptcy options without stressing yourself out, come to Watton Law Group.

We have a team of Chapter 7 bankruptcy attorneys who focus on cases much like yours. We believe that everyone deserves a fair chance at living debt-free, which often starts with the many benefits of bankruptcy. Through our experienced legal counsel and representation, you can discover if bankruptcy is the right solution for you.

Contact us online or call (414) 409-5422 today. We’re here to help.

Our Services

For more than 25 years, we have successfully handled cases involving:
  • Consumer Bankruptcy

  • Class Actions

  • Fair Debt Collection Practices Act

  • Fair Credit Reporting Act

  • Consumer Protection

How We Can Help

We've Helped Thousands of Clients Take Control of Their Finances

What is Chapter 7 Bankruptcy?

The U.S. Bankruptcy Code has multiple forms or chapters of bankruptcy that allow individuals to discharge certain debts. Chapter 7 bankruptcy is a form of bankruptcy for individuals who want to remove as much debt as possible, which is why it is sometimes called the “fresh start” bankruptcy. Chapter 7 is the most common form of bankruptcy.

Chapter 7 is not for everyone with debt, of course. We typically recommend Chapter 7 to people with overwhelming debt when other debt resolution options will likely not work. No matter what the details of your situation are, we will not rush you. Our team takes pride in finding the right choice for everyone who comes to our firm while always putting their worries at ease.

Benefits & Downsides of Chapter 7 Bankruptcy

Chapter 7 bankruptcy could be exactly what you need to get real, lasting relief from debt.

Benefits of Chapter 7 bankruptcy include:

  • Ability to discharge large amounts of debt at once.
  • No obligation to repay a percentage of that debt.
  • Debt discharge happens quickly once approved. The typical case lasts 110 days although you receive relief from creditors the first day the case is filed.
  • Creditors cannot harass you while your case is pending.
  • A “fresh start” can revitalize you.

On the other hand, every legal process can come with disadvantages. Chapter 7 bankruptcy is no exception.

Two disadvantages of Chapter 7 bankruptcy are:

  1. Property risks: Unprotected assets and property could be at risk. Our attorneys will focus on protecting your property to the full extent the laws allow. If there is a risk, we will discuss it with you to offer your best options.
  2. Credit score damage: Filing for bankruptcy can be harmful to your credit score. However, it is always possible to repair your credit score. Most decreases are only temporary. Keep in mind that most people considering bankruptcy are already facing credit score issues before filing.

Deciding to pursue a Chapter 7 bankruptcy filing will be easier when you know more about the potential advantages and challenges. Our Chapter 7 attorneys are happy to help you explore and understand these factors in more detail.

Chapter 7 Means Test

Eligibility for Chapter 7 bankruptcy is restricted only to people who can pass the bankruptcy code’s “means test.” Basically, you need to show that you cannot afford to pay back your debt without assistance. This test requires you to prove that you need to file for bankruptcy, especially when compared to others in your area.

The means test compares your gross income throughout the prior six months and compares it to the median household income in your state. If you make more than the medium income, then there is a more rigorous analysis to determine if bankruptcy is a possibility. The court will use IRS guidelines for expenses plus several of your personal expenses to determine if you can afford to pay a meaningful amount of your debt back over the next 3 to 5 years. Just because you are over the median income does not mean that you cannot file. If after the means test you show you can afford to pay back some of your debt the bankruptcy court will require you to explore other options first, like a Chapter 13 debt adjustment plan.

For more information about Chapter 7, please call (414) 409-5422 and talk with our Chapter 7 bankruptcy attorneys.

Explore Your Bankruptcy Options Today

Watton Law Group is ready to help you see the benefits of Chapter 7 bankruptcy. From the first moment you work with our law firm, you will notice how much simpler bankruptcy can be when you have the support of experienced legal professionals who also offer genuine support. Together, we can find a path to financial stability for you and your family.

Fill out an online contact form now.

Meet Your Team

  • Michael J. Watton, Esq.
  • Michael J. Maloney, Esq.
  • Timothy H. Hassell, Esq.
  • Thomas A. Arany, Esq.
  • Kirk M. Fedewa, Esq.
  • Robert P. Mills, Esq.
  • Robert K.S. Abernathy, Esq.
  • Bennett S. Stuckey, Esq.
  • Corrine E. Edwards, Esq.
  • Chase R. Feaster, Esq.
  • Jordan Mader, Esq.
  • MIchele E. MacPhail, Esq.
  • Michael J. Watton, Esq. Michael J. Watton, Esq.

    Senior Partner

    Attorney Watton is a leading national consumer bankruptcy attorney who has guided thousands of individuals through debt consolidation plans and bankruptcies.
    Michael J. Watton, Esq. Photo
  • Michael J. Maloney, Esq. Michael J. Maloney, Esq.

    Managing Partner

    Attorney Maloney currently heads the firm’s bankruptcy department. In addition to bankruptcy, Attorney Maloney has successfully pursued payday lenders, debt collectors, and banks in state, federal, and bankruptcy courts for violations of consumer laws.
    Michael J. Maloney, Esq. Photo
  • Timothy H. Hassell, Esq. Timothy H. Hassell, Esq.

    Partner

    Mr. Hassell is a partner in the firm whose practice focuses on bankruptcy law. Attorney Hassell received his law degree from Marquette University in 2010 and his undergraduate degree in economics from Brigham Young University in 2007.
    Timothy H. Hassell, Esq. Photo
  • Thomas A. Arany, Esq. Thomas A. Arany, Esq.

    Partner

    Attorney Thomas A. Arany is a partner whose practice focuses on bankruptcy law in Colorado and Utah. Attorney Arany received his law degree from the University of Colorado School of Law in 2010.
    Thomas A. Arany, Esq. Photo
  • Kirk M. Fedewa, Esq. Kirk M. Fedewa, Esq.

    Associate

    Attorney Kirk M. Fedewa is an associate attorney whose practice focuses on bankruptcy law in Wisconsin. Attorney Fedewa received his law degree from Marquette University Law School in 2014.
    Kirk M. Fedewa, Esq. Photo
  • Robert P. Mills, Esq. Robert P. Mills, Esq.

    Associate

    Attorney Robert P. Mills is an associate attorney whose practice focuses on bankruptcy law in Colorado. Attorney Mills received his law degree from Washburn University in 2011 and his undergraduate degree in U.S. history from the University of Wyoming in 2001.
    Robert P. Mills, Esq. Photo
  • Robert K.S. Abernathy, Esq. Robert K.S. Abernathy, Esq.

    Associate

    Attorney Robert K.S. Abernathy is an associate attorney whose practice focuses on bankruptcy law in Missouri and Kansas. Attorney Abernathy received his law degree from Rutgers University School of Law in 2011.
    Robert K.S.  Abernathy, Esq. Photo
  • Bennett S. Stuckey, Esq. Bennett S. Stuckey, Esq.

    Associate

    Attorney Bennett S. Stuckey, Esq. is an associate bankruptcy attorney who takes a compassionate approach to helping clients find debt relief. Born and raised in Arkansas, he serves clients throughout the state from Watton Law Group’s office in Little Rock.

    Bennett S. Stuckey, Esq. Photo
  • Corrine E. Edwards, Esq. Corrine E. Edwards, Esq.

    Associate

    Attorney Corrine E. Edwards began her legal career with the understanding that it would allow her to follow her two passions: ...
    Corrine E. Edwards, Esq. Photo
  • Chase R. Feaster, Esq. Chase R. Feaster, Esq.

    Associate

    Chase’s passion for math and his interest in helping people solve complex problems drew him to a career in the law. ...
    Chase R. Feaster, Esq. Photo
  • Jordan Mader, Esq. Jordan Mader, Esq.

    Associate

    Attorney Jordan Mader is an associate attorney of Watton Law Group. For years, he has focused his career on bankruptcy law ...
    Jordan  Mader, Esq. Photo
  • MIchele E. MacPhail, Esq. MIchele E. MacPhail, Esq.

    Associate

    Michele MacPhail is an associate attorney at Watton Law Group. She believes client engagement is critical when navigating the ...
    MIchele E. MacPhail, Esq. Photo
Legal Representation When You Need It Most

With over 25 years of experience, our attorneys have perfected a system that makes filing for bankruptcy as easy as possible for you. We offer unparalleled support throughout the entire process and will help you move forward with the best options available to you.

Testimonials From Former Clients

Real Stories From Real People
  • “I spoke with Attorney Watton and he took his time with me to answer all my questions, gave me thoughtful advice, and went above and beyond my expectations.”

    - Becky & Bronson W.
  • “My family was in a hard place financially and Watton Law group was able to help us. They were very professional and helped us work through the process. We are able to get back to our lives and without the financial burden weighing us down.”

    - Jason J.
  • “I was unsure about doing this, but once I spoke with one of many attorneys, my mind was put at ease.”

    - Sandy L.

The Right Firm Makes a Difference

  • Record of Success

    We’re trusted by clients across the country to guide them through tough times, and are backed by thousands of successfully completed bankruptcy and debt relief proceedings.

  • Free Initial Consultations

    We offer free, no-obligation case evaluations to help those in need of debt relief explore their options for reaching financial stability with the help of an attorney.

  • Passionate Legal Advocates

    We’re passionate about helping clients find solutions to their problems with debt, and take a personalized approach to helping them obtain a financial fresh start.

  • Experience Where it Counts

    Our experienced attorneys have helped thousands of clients across the nation navigate debt relief and bankruptcy matters since 1994.

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