Bankruptcy Protection in Los Angeles
We practice primarily in consumer bankruptcy, Chapter 7 (Liquidation) and
Chapter 13 (Reorganization). We have created this site to provide useful
information that may help you decide whether bankruptcy protection is
the best solution to your financial problems.
Unfortunately, people are fed all kinds of misinformation about bankruptcy
that they are often scared to see an attorney and find out what their
legal options are in dealing with debt problems. Thus, they continue to
suffer needlessly instead of taking immediate action to turn their situation
around. Don’t let this happen to you!
Benefits of Bankruptcy Protection
Bankruptcy protection results in immediate relief from creditor harassment,
lawsuits, wage garnishments, judgments, repossessions and foreclosure.
With Chapter 7, most debts can be legally wiped out and financial recovery
can begin immediately. This may include credit card debts, medical bills,
unsecured lines of credit and more. In Chapter 13, debts can be reduced
and consolidated into one affordable monthly payment. You can reapportion
your debt over a 3-5 year period and start managing your finances better.
Chapter 13 bankruptcies require that you have a regular income and that
your debt amounts do not exceed the limits set by the law. A bankruptcy
protection lawyer can help you determine what to file under and how to
accomplish your financial goals. Either way, you can end your debt problems
once and for all and get a fresh financial start.
Our law office can also provide you with affordable solutions to your trouble
with the IRS. If you are at risk of losing assets or having your wages
garnished by the IRS, your taxes may be wiped out completely or legally
discharged with a Chapter 7 bankruptcy. A Chapter 13 bankruptcy allows
for non-dischargeable taxes to be paid back without additional interest
and penalties over a 3 to 5 year period. There are several other non-bankruptcy
options available and we are available to answer any questions you may have.
Bankruptcy protection can help you deal with all kinds of debts that have
become unmanageable – credit cards, personal loans, medical bills,
student loans, IRS and state taxes, back child support, judgments, late
mortgage payments, etc.
Consult a Los Angeles Bankruptcy Lawyer Today
If you visited this site because the idea of filing for bankruptcy has
crossed your mind, but you need more information about it, then please
click on the other link buttons for additional information about bankruptcy
and about our bankruptcy protection law firm in Los Angeles.
Contact us for a consultation!