The Chapter 7 PLAN for Small Business is an alternative to the Chapter 13 Debt Consolidation PLAN for Small Business.  (Learn more about a C13-PLAN™)  A Chapter 7 PLAN for Small Business is for Small Businesses and Individual owner(s) wishing to Eliminate their Debt who cannot afford to pay their unsecured Debt.  If you cannot afford a payment with the Chapter 13 Debt Consolidation PLAN for Small Business, for example because of a job loss or inability to work because of an illness or injury then we look at the Chapter 7 PLAN for you and your Small Business.  The basic purpose of the Chapter 7 PLAN for Small Business is to legally wipe out all of the business’ and the owner(s) unsecured Bills and allow them to Get a Financial Fresh Start.™  An unsecured Bill is generally any Bill that is not secured with collateral such as medical Bills, credit card Bills, general unsecured signature loans, non-collateralized bank loans, etc.

Under this Chapter 7 PLAN for Small Business, if there are certain secured Bills you want to continue paying such as your house or your car, we can set this up for you and your Small Business and this way you and your Small Business only Eliminate all the other unsecured Bills like credit cards, medical bills and unsecured personal and Small Business loans.

Our Chapter 7 PLAN for Small Business has other benefits as well.  At your Free Initial, No Obligation - Confidential Consultation, your attorney will sit down with you in private and help you decide which PLAN works best for you and your Small Business.  But again keep in mind that you are not obligated to do anything and remember our personal guarantee.  The Vasquez Law Firm personally guarantees that no one from our firm will ever pressure you or your Small Business in anyway, we guarantee it.  We simply offer services of bringing information to People and Small Businesses to allow them to make informed decisions on options to Eliminate Debt and Get a Financial Fresh Start.™  (See Our Ten Point Promise)

Chapter 7 PLAN for Small Business is available to Small Business owner(s) to allow them to Get a Financial Fresh Start.™ and free up capital to continue in business.  It is also available to allow owner(s) a way to close down the Small Business altogether so that they may walk away without the worry of having to repay any excess Debt after closing down.

Finally, the Chapter 7 PLAN is available to incorporated Small Businesses like Limited liability companies (L.L.C.) and general C corporations (inc.), Subchapter s corporations (S corp), etc., when such Small Businesses are considering closing down or simply to find a way to reorganize their financial affairs.

The Procedure (i.e. Process) of how the Chapter 7 PLAN for Small Business works; Seven (7) Easy Steps.

"at the end of every Seventh (7) year you are to Cancel the Debt of those who owe you money." Deuteronomy 15:1

Step One (1):  Call to set up your Free Initial, No Obligation - Confidential Consultation with your Attorney.

Call our office direct at (210) 229-2067 and set up your Free Initial, No Obligation - Confidential Consultation with your attorney.  At your scheduled initial meeting, your attorney will discuss with you the details of your proposed Chapter 7 PLAN for Small Business.  If you like the Chapter 7 PLAN for Small Business, then our office will give you a different appointment to review and sign the Chapter 7 PLAN for Small Business.

Step Two (2):  Easy Phone/Internet Credit Counseling.*

At this point, if you haven't already done so you will need to do an easy phone/internet credit counseling session that is required before we can file your Chapter 7 PLAN for Small
Business.  Once the easy phone/internet credit counseling is done, our office will receive a certificate acknowledging that you and your spouse, if any, have completed the easy phone/internet credit counseling.

Step Three (3):  Signing of the Chapter 7 PLAN for Small Business.

At your second appointment at our office, you and your attorney will review all the information and make any changes needed.  You and your spouse, if any, will sign the Chapter 7 PLAN for Small Business.  At this time if you haven't already done so, you may also complete the easy phone/internet credit counseling mentioned in step two (2) above.  At this point we are ready to file your Chapter 7 PLAN for Small Business with the federal court.  The date we choose to file your Chapter 7 PLAN for Small Business will be discussed with your attorney.  If it is decided for some reason that we will not file the Chapter 7 PLAN for Small Business until some later time in the month, you will not have to return to our office.  We will file the signed Chapter 7 PLAN for Small Business when that mutually agreed date comes. Then we send a copy notice to you, the court, the trustee, and all your creditors so they will immediately stop harassing you and your Small Business.

Step Four (4):  Attend the Meeting of Creditors or 341 with your Attorney.

Once your Chapter 7 PLAN for Small Business is filed, the federal court will issue an automatic stay immediately (an order, stopping all your creditors from taking any further collection efforts or legal action against you and your Small Business, including foreclosure or vehicle repossessions).  The court will then set a date for an informal meeting called a meeting of creditors or a 341 meeting.  The name is deceiving because in practice most often (about 99% of the time) no creditors show up so the meeting is usually just between you, your attorney and the trustee.  This meeting usually takes place about one (1) month after we file the Chapter 7 PLAN for Small Business for you.  The trustee will ask you a few questions to verify the information you put in your Chapter 7 PLAN for Small Business.  The meeting, once you are called to visit with the trustee is very fast, usually about ten (10) minutes.  However for personal and work purposes, anticipate at least one (1) hour of your time since we don't know exactly when they will call you at your scheduled hourly time.

Step Five (5):  Easy Phone/Internet Financial Management Seminar. *

Sometime after the filing of your Chapter 7 PLAN for Small Business and before the date the court sets to issue your discharge order for your Small Business, you will need to complete a required but easy phone/internet financial management seminar, much like the easy phone/internet credit counseling you completed when we first filed your Chapter 7 PLAN for Small Business.  Generally, our clients choose to do this easy seminar with the same company that provided the easy phone/internet credit counseling.  We recommend that you try to complete this requirement as soon as you can sometime after we file your Chapter 7 PLAN for Small Business.  This easy phone/Internet financial management seminar will discuss easy steps that you can implement in order to get your financial health back of tract.  Like the easy phone/internet credit counseling, you will be given a certificate that will be delivered to our office for safe keeping and to be filed with the court.

Step Six (6):  Discharge Order.

In about four (4) to six (6) months after we file your Chapter 7 PLAN for Small Business, the federal court will issue an order called a discharge.  This discharge order is very important since it will protect you, your Small Business, and all your family and children from creditors ever seeking to collect any balance that was legally wiped out or forgiven as a result of your Chapter 7 PLAN for Small Business filing.  Our office will send you a copy of your discharge order for your secured safe-keeping.  At this point, CONGRATULATIONS are in order since you have completely Eliminated your Debt and have achieved Financial Freedom for you and your Small Business.

Step Seven (7):  Referrals and Recommendations.

If you liked our services and treatment toward you and your family, we respectfully ask that you refer and/or recommend us to ALL your friends and family who may also need the benefit of our DEBT RELIEF services.  Tell them to call our Free twenty four (24) hour automated phone line at (210) C13-PLAN™ (213-7526) to learn more on how they too, may Eliminate their Debt and Get a Financial Fresh Start.™

Remember we are always here at your service.  THANK YOU for allowing us, The Vasquez Law Firm, to serve ALL your DEBT RELIEF needs and May God Bless You.

Respectfully, Ruben E. Vasquez, Esq., for the Firm

How do I get Started?

It is very easy to get started.  Call our office direct at (210) 229-2067 and set up your Free Initial, No Obligation - Confidential Consultation with your attorney.  Then we'll take it from there. Your attorney will sit down with you in private and show you exactly how the PLAN works in order to allow you to make an informed decision.  We promise to help you find a PLAN that is best for you and your family.  (see Our Ten Point Promise).  THANK YOU for allowing The Vasquez Law Firm to serve ALL your DEBT RELIEF needs.

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* A Debtor (i.e. Individual and/or Small Business) may be exempt from having to complete the easy phone/internet credit counseling and/or the easy financial management seminar if the Debt is mostly business Debt and not consumer Debt.  Your attorney will be glad to discuss the requirement(s) for you and your Small Business at your Free Initial, No Obligation - Confidential Consultation. 

Incorporated Small Businesses that file a Chapter 7 PLAN are exempt from having to complete the easy phone/internet credit counseling and the easy phone/internet financial management seminar.  Your attorney will be glad to discuss the requirement(s) for you and your Small Business at your Free Initial, No Obligation - Confidential Consultation.