Chapter 7 Bankruptcy

Serving New Hampshire including Concord, Portsmouth, Nashua and Keene

We are a debt relief agency.
We help people file for bankruptcy relief under the Bankruptcy Code.


Chapter 7 is commonly called liquidation bankruptcy. It's probably what you think of when you think of bankruptcy. You get rid of all of your assets, pay your creditors what you can from that liquidation, and get a fresh start. At Patriot Law Group our Chapter 7 lawyers can help you through the process of a New Hampshire bankruptcy filing and make sure it's the right solution for you.

Qualifying for Bankruptcy

You have to quality for Chapter 7 bankruptcy. A lot of people are surprised by this, but when you hire our Chapter 7 lawyers, you won't be surprised by anything. We'll take you through the New Hampshire bankruptcy process step by step. Our Chapter 7 lawyers will make sure you understand your options and obligations at every stage.

To qualify for filing Chapter 7, you must either:

  • Have a current monthly income below the median in New Hampshire, or
  • Have a disposable income each month below a certain amount

Our Chapter 7 lawyers will help you calculate whether your monthly income falls below the median for a household your size. If it doesn't, you may still pass the means test. We will determine through a complex calculation whether you have enough income left over each month to pay on your debts.

If you have enough money left at the end of each month, you won't qualify for Chapter 7, but filing for bankruptcy is still an option. We can help you file for Chapter 13 bankruptcy where you will reorganize your debt to make affordable monthly payments.

Exemptions, What You Get to Keep

Even though Chapter 7 is called liquidation, you don't have to get rid of everything. New Hampshire allows certain exemptions that our Chapter 7 lawyers will go over with you. These include:

  • Real property (your house) up to $100,000
  • Your car up to $4,000
  • Personal property (like furniture and clothes) up to $8,000
  • Retirement plans, social security and other benefits

If you haven't lived in New Hampshire for at least two years, you'll be limited to the federal exemptions, which are usually less favorable. Other exemptions may apply to your situation.

Learn more about the Creditors 341 Meeting.

Working with our Chapter 7 lawyers, you can get rid of the debt that's weighing you down and start a new financial life. We're here to help you.

If you're ready to make your fresh start by filing bankruptcy, please call 603-429-1000 or contact Patriot Law Group for your free, no-obligation consultation with one of our experienced Chapter 7 lawyers in New Hampshire. For your convenience we have offices and client consultation centers in Keene, Portsmouth, Concord, and several other locations throughout the state.