ahrentillerattorney.net

When filing a chapter 7 case Ahren Tiller is able to extinguish all unsecured debt (debt that is not secured by any of your property – i.e. Credit Cards, Personal Loans, Deficiency balances owed for the remaining balances owed on Repossessions and/or foreclosures, as well as Medical Bills, and Payday Loans).  Unsecured debts are debts that you owe where there is nothing to take back if you do not pay.  The opposite of unsecured debts are Secured Debts such as Car Loans and Mortgages.  Unlike a Secured debt like a mortgage where the lender can foreclose on your home if you fail to pay your mortgage payment, a creditor cannot take back the clothes you bought with your credit cards or purchased with a personal loan because these loans were unsecured.