Northridge Bankruptcy Lawyer
Helping Clients Throughout North Hills Get Relief From Debt
There are a number of reasons why you may need to file for bankruptcy. Whether you are struggling to pay your bills due to medical expenses, unexpected job loss, or some other financial hardship, it is important to understand your options.
At RJB Law Offices, we can help you determine if filing for bankruptcy is right for you. We can guide you through the process so you can get the debt relief you need.
Let us help you get the fresh start you deserve. Contact us online or call (888) 256-8581 to learn more about how bankruptcy can help you.
What Is Bankruptcy?
Bankruptcy is a legal process that debtors can use to get a fresh start. Bankruptcy is made up of several different chapters, each designed to address a different type of debt.
The most common types of bankruptcy are the following:
- Chapter 7
- Chapter 11
- Chapter 12
Filing for bankruptcy involves several steps. First, you must choose the type of bankruptcy you wish to file, as each chapter has its own requirements. Then, you will need to prepare and file your bankruptcy petition with the court. After that, your creditors will be notified about your bankruptcy and will be asked to provide information about the debt they are owed. Once your creditors have been notified, you will need to attend a 341 Meeting of Creditors, where you will be questioned by a trustee. Finally, you will need to attend a hearing with the Bankruptcy Trustee, where your repayment plan will be approved.
The Northridge Bankruptcy Process
Bankruptcy can seem overwhelming, but we can help. Our Northridge bankruptcy lawyer can guide you through the process and help you determine if bankruptcy is right for you.
Once you have decided to file for bankruptcy, you will need to gather and organize a number of documents. These documents will be used to provide information about your income and expenses, as well as your assets and debts.
The documents you will need to gather include your tax returns for the past two years, pay stubs for the past six months, and your last two months of bank statements. You will also need to gather documents that provide information about your assets, including the titles to your vehicles, and documents that provide information about your debts, including your credit card statements and loan agreements.
How RJB Law Offices Can Help You
Filing for bankruptcy can help you get a fresh start on your finances. Bankruptcy can eliminate or reduce your debts, allowing you to create a repayment plan to manage your finances.
Chapter 7 bankruptcy can eliminate your unsecured debt, including:
- Credit card debt
- Medical debt
- And more
Chapter 11 bankruptcy can help you reorganize your debts, allowing you to pay back your creditors over time. It can also protect you from lawsuits and allow you to continue operating your business.
The type of bankruptcy you file for will depend on your specific financial situation. If you have little to no income and significant debt, filing for Chapter 7 may be the best option for you. If you have significant assets or a business, Chapter 11 may be the best option.
Whatever type of bankruptcy you file for, you can be confident that your debts will be at least partially addressed. Filing for bankruptcy can also give you the opportunity to create a repayment plan for your remaining debts.
Why Choose Our Northridge Bankruptcy Lawyers
Bankruptcy can be a confusing process, and it is important to have an experienced Northridge bankruptcy lawyer you can trust to guide you through the process. At RJB Law Offices, we have over 20 years of experience helping our clients get the relief they need from debt.
We can help you understand your bankruptcy options and can guide you through the bankruptcy process. We can also help you create a repayment plan for your remaining debts.
Let us help you get the debt relief you need. Contact us online or call (888) 256-8581 to learn more about how bankruptcy can help you.