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San Diego County 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 San Diego 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

Los Angeles 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 San Diego County 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 common alternative for individuals who wish to declare them insolvent. In fact, when people discuss this topic, it is the bankruptcy as described under chapter 7 of the code of the United States of America. Filing for bankruptcy according to Chapter 7 of Bankruptcy Laws is an organized procedure. Particularly, after the intro of the new laws in October 2005, now, it has ended up being necessary for you to pas a Means test and go through a credit therapy procedure from a federal government approved credit-counseling firm. Finding an excellent and knowledgeable bankruptcy lawyer especially if you live in California or in a nearby county Means Test First, you need to pass a Means test, where all your earnings and essential expenditures are examined. The means test involves subtracting the everyday essential expenditure (the expenditures that you can not live without) from the total earnings on a month-to-month basis. It is only if the output is less than the median earnings of the state, you can apply for bankruptcy under the Chapter 7 of US Bankruptcy Laws. However, in case, the output is more than the mean earnings of the state, the bankruptcy court will ask you to file under chapter 13 of the code. Credit Counseling Before you go ahead and file under Chapter 7 Bankruptcy Laws, it is important for you to go through a credit therapy procedure. The function of presenting this action is to evaluate the real financial scenario of the debtor. The credit therapy firm will check out the financial details of the debtor and will attempt to assist the debtor manage their financial resources and get it back on track, along with paying the debts that the debtor owe to various creditors. If there is any possibility to get the financial resources of the debtor managed, the debtor will not have the ability to apply for 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 file for bankruptcy under chapter 7 in the location where she or he is permanent resident. If the debtor is running an organization in a specific area, she or he need to declare bankruptcy in its principal place of business or principal properties. Overall, the main purpose of the chapter 7 bankruptcy laws is to assist the debtor to get remedy for all the debts that she or he presently owes. In this procedure, the bankruptcy court appoints a trustee, who even more goes on with the procedure of liquidating all the assets and residential or commercial properties of the debtor. The money therefore gathered is then utilized to settle the claims of the different lenders on concern basis, if any. The of chapter 7 bankruptcy laws offer a chance for the debtors to obtain a clean slate for their monetary life, as the bankruptcy code concerning the very same, liquidates all the possessions and homes of the debtors after allowing the exemptions, in order to settle the claims of the creditors throughout the region This way, the court brings the wanted debt relief for the debtor.

Cities We Serve In San Diego County CA

Learn More About San Diego County CA

Services We Offer

Chapter 7 Bankruptcy

Chapter 13 Bankruptcy

Chapter 11 Bankruptcy

Stopping Foreclosures

Emergency Filings

Map of San Diego County 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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