Are you struggling with too much debt? Are creditors harassing you? Are you being sued?
Bankruptcy can help. When you first file for bankruptcy an automatic stay kicks in which disallows creditors from calling you and taking other collection actions against you. Bankruptcy will halt most civil lawsuits and foreclosures. The two most common types of bankruptcy for individuals are chapter 7 and chapter 13. Under chapter 7, you can receive a discharge of your unsecured debts, such as credit cards. Under chapter 13, you pay back part or all of your debt under a court-supervised repayment plan. Although most people prefer to file chapter 7, chapter 13 may have advantages in some situations. For example, under chapter 13 you may be able to remove a second lien on your house if the value of the house is lower than the amount you owe on the first lien. Chapter 11 is used by businesses and certain individuals to reorganize their affairs.
Although a detailed explanation of the different bankruptcy chapters is outside the scope of this webpage, the US Bankruptcy Courts have a more detailed explanation that can be accessed by clicking this link: http://www.uscourts.gov/bankruptcycourts/bankruptcybasics.html
California Law Office, P.C. represents individuals and businesses in bankruptcy court. If you would like to discuss your options, send an email to: email@example.com. A bankruptcy attorney will respond promptly.Alternatively, call the office nearest you: Sacramento: 916-550-5042 Torrance: 310-922-9330 Lake Tahoe: 530-686-6005
Notice required by federal law: California Law Office, P.C. is a debt relief agency pursuant to section 524 of Title 11 of the US Code. California Law Office, P.C. provides legal assistance and helps people file for bankruptcy relief under the Bankruptcy Code.
Disclaimer: The information contained within this page and/or this site as a whole is not intended as legal advice, nor to create an attorney-client relationship between yourself and California Law Office, P.C. Unless a written retainer agreement has been signed by an attorney with California Law Office, P.C., no attorney-client relationship exists between you and California Law Office, P.C.