A Chapter 7 bankruptcy allows you to discharge most unsecured debts (credit cards, medical debts, unsecured lines of credit, personal loans, collection accounts, etc.). The moment that a Chapter 7 bankruptcy is filed a legal stay goes into effect. This automatic stay immediately prevents creditors from taking any collection action against you. In general, you are allowed to keep your secured property (house and vehicles) so long as you are current on making payments. Filing for Chapter 7 is best done with the help of a qualified attorney as there are complicated forms and legal filings that are required. Unfortunately, I have seen unrepresented debtors lose their homes (due to excess equity), vehicles, income tax refunds, bank accounts monies, and other assets because they did not have legal representation. I can help guide you through a Chapter 7 case and I can guarantee that you will work directly with me (no legal assistants) in a private and confidential manner.