Marina Del Rey Chapter 7 Lawyer

Do You Need a Chapter 7 Bankruptcy Attorney?

It’s time to consider bankruptcy if your life has been taken over by looming foreclosure, constant badgering phone calls from creditors, lawsuits or garnishments of your wages or property. Or maybe your debt has you trapped due to the amount of each payment and the extent of the debt. There are many kinds of debt that can get you into these situations, including medical bills, credit card balances, falling behind on your mortgage, loans and back taxes owed to the government and even car repossessions.

Chapter 7 Bankruptcy Lawyers Near Me in Riverside County CA

Experienced, professional bankruptcy attorneys understand the difficulties and worries you face. We know your best options. We are here to help and will work with you to alleviate your financial uncertainty. Even before your bankruptcy petition is filed, an attorney can help shield you from creditor harassment. In a non-judgmental and supportive way, we can help you understand your options, the process of filing for bankruptcy, and help lift the burden of financial uncertainty.

Free Bankruptcy Consultation – Call Now (855) 997-4655

Marina Del Rey Bankruptcy Attorney, The Bankruptcy Experts, are dedicated BK Lawyers with over 10 years experience in dealing with the complex issues concerning bankruptcy. We have the skills and expertise to handle any type of bankruptcy problems you might be experiencing. We proudly offer our services to businesses and individuals throughout Los Angeles and the surrounding areas.

More About Hiring a Chapter 7 Bankruptcy Attorney in Marina Del Rey CA

You may feel hopeless, and at the mercy of a faltering economy, but don’t despair. Relief is available, and there is no shame in using the law to protect yourself when you are buried under a pile of debt. You aren’t responsible for the economy, and you didn’t create the mortgage crisis. So use the law to protect yourself and your family.

A Second Chance

Bankruptcy laws are in place to help Americans get a second chance when they are snowed under by economic pressures. You have rights, including the right to be free from harassment by creditors. If your creditors are hounding you, you can make them pay. And if your debt has become more than you can manage, you may be able to file for bankruptcy.

The Chapter 7 Bankruptcy Laws are the most typical choice for individuals who want to state them insolvent. In fact, when individuals discuss this topic, it is the bankruptcy as described under chapter 7 of the code of the United States of America. Declare bankruptcy based on Chapter 7 of Bankruptcy Laws is an organized treatment. Specifically, after the introduction of the new laws in October 2005, now, it has actually ended up being obligatory for you to pas a Means test and go through a credit counseling process from a government authorized credit-counseling company. Finding an excellent and knowledgeable bankruptcy lawyer especially if you live in Marina Del Rey or in a nearby city. Means Test First, you have to pass a Means test, where all your income and essential expenditures are evaluated. The means test includes deducting the daily vital expenditure (the costs that you can not live without) from the total earnings on a regular monthly basis. It is just if the output is less than the typical earnings of the state, you can declare bankruptcy under the Chapter 7 of US Bankruptcy Laws. However, in case, the output is more than the median income of the state, the bankruptcy court will ask you to file under chapter 13 of the code. Credit Counseling Prior to you go ahead and file under Chapter 7 Bankruptcy Laws, it is important for you to go through a credit counseling procedure. The purpose of introducing this action is to examine the real monetary circumstance of the debtor. The credit counseling company will look into the financial details of the debtor and will try to assist the debtor manage their financial resources and get it back on track, together with paying the debts that the debtor owe to different financial institutions. If there is any possibility to get the finances of the debtor handled, the debtor will not have the ability to declare bankruptcy under Chapter 7. In such case, the court will ask the debtor to file under chapter 13 bankruptcy. When To File Bankruptcy Under The Chapter 7 Bankruptcy Laws Bankruptcy Attorneys in CaliforniaThe debtor should apply for bankruptcy under chapter 7 in the area where he or she is permanent homeowner. If the debtor is running a service in a particular location, she or he should declare bankruptcy in its principal business or primary properties. Overall, the primary purpose of the chapter 7 bankruptcy laws is to assist the debtor to get relief from all the financial obligations that he or she presently owes. In this procedure, the bankruptcy court selects a trustee, who further goes on with the procedure of liquidating all the assets and residential or commercial properties of the debtor. The money thus collected is then used to settle the claims of the various lenders on concern basis, if any. The of chapter 7 bankruptcy laws use a chance for the debtors to get a clean slate for their monetary life, as the bankruptcy code regarding the exact same, liquidates all the properties and residential or commercial properties of the debtors after permitting the exemptions, in order to settle the claims of the lenders in a nearby region. This way|By doing this|In this manner}, the court brings the wanted financial obligation relief for the debtor.

Learn More About Marina Del Rey CA

Services We Offer

Chapter 7 Bankruptcy

Chapter 13 Bankruptcy

Chapter 11 Bankruptcy

Stopping Foreclosures

Emergency Filings

Map of Marina Del Rey CA

Our Address

The Bankruptcy Experts
1605 W. Olympic Blvd. Suite 1024
Los Angeles, CA 90015

Office Hours

Monday – Friday: 8:00am – 6:00pm

Saturday: 10:00am – 4:00pm

Sunday: Closed

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