California Bankruptcy Lawyer Bankruptcy laws help people find relief from overwhelming debts. People are given a "fresh start," either by the liquidation of their assets to pay their debts or by the creation of a payment plan. Our California bankruptcy lawyer can help you determine whether you may be one of those who can benefit from a fresh financial start.If you are considering filing bankruptcy, you should know you are not alone. More than a million people file for bankruptcy every year, many times due to medical bills, unemployment, or crushing credit card debt. With the assistance of our California bankruptcy lawyer, you can decide which filing status is right for you and move through the often-complex bankruptcy proceedings. Bankruptcy may be able to discharge your debts, stop foreclosure on your home and provide you with a chance to catch up on any payments you've missed, stop creditor harassment and wage garnishment, and prevent repossession of your property in some cases. It's crucial that you talk to our bankruptcy lawyer in California about your individual needs regarding bankruptcy and your desired outcome. Bankruptcy Lawyer CaliforniaMost individual cases are filed as Chapter 7 or Chapter 13 bankruptcies. Filing a petition for Chapter 7 bankruptcy is essentially asking the court to discharge, or eliminate, your debts. Some of your property may be liquidated in order to pay off you debt, but only the property that is non-exempt. Our experienced California bankruptcy lawyer can help you determine whether a Chapter 7 bankruptcy is right for you or not.A Chapter 13 bankruptcy is also called a reorganization bankruptcy. When you file for Chapter 13, our bankruptcy lawyer in California will help you create a plan to pay off a portion of your past due and current debts over the next three to five years. You may also be able to keep certain property that you might have otherwise lost. Once you have filed for bankruptcy, a court-appointed trustee will take control of your assets and create a bankruptcy estate. An automatic stay will prevent creditors from further collection efforts and litigation. Your non-exempt property may be liquidated to pay expenses and your creditors. Although some people choose to file a petition for bankruptcy on their own, it is extremely complex, and the assistance of our bankruptcy lawyer in California can be invaluable in navigating the procedures involved. |
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Testimonials
Samuel- Woodland Hills, CA
My wages were being garnished, and I was getting sued by creditors. I could not pay my debts to credit card companies. Hamid Soleimanian filed a chapter 7 bankruptcy for me and stopped my wages from b...