Our Anaheim bankruptcy attorneys may be able to put California state law to work for you in your case
Our Anaheim bankruptcy attorneys have years of experience in using state exemptions to best prepare their clients' petitions. They understand which exemptions may be appropriate for each individual case. They may have what it takes to help you keep what matters the most to your family including your home, your car and other important property.
When preparing your petition, our Anaheim bankruptcy attorneys may be able to help you gain the most benefits from these types of exemptions provided by California state law:
Homestead: Our Anaheim bankruptcy attorneys may be able to help you gain a $75,000 exemption for each family member living with one or more non-owner family members; $150,000 for a person who is 65 or older, disabled, or who is 55 or older with an annual gross income of $15,000 or less if single or $20,000 or less if married. $50,000 for all other persons.
Wages: In the petition filed by your Anaheim bankruptcy attorneys 75 percent of all "paid earnings" should be exempt.
Automobiles: Up to $2,300 of the equity in all automobiles may be claimed as exempt.
Other Property: Household furnishings, appliances, provisions, wearing apparel, and other personal effects may be 100 exempt if they are ordinary and necessary. $2,300 of the aggregate equity in one or more automobiles may be exempt. $6,075 each for jewelry and personal property used in the debtor's trade or business may be exempt.
For more information on these and other exemptions, you should call our toll free number, 1 (877) 349-1309, or use our online case evaluation form. Simply fill out this secure online form with a few details about your situation. All information is kept strictly confidential. One of our bankruptcy attorneys will contact you to set up an appointment at your earliest convenience.
Is Chapter 7 or Chapter 13 right for you?
If you are suffering under a mountain of debt and expenses that you just may not be able to keep up with, but you do have a job or some other source of regular income that you may use to make payments under a repayment plan, a Chapter 13 bankruptcy may be right for you. You may use Chapter 13 to liquidate the majority of your debts, set up a reasonable debt repayment plan, and get a fresh financial start.
Chapter 7 of the federal Code may be the right choice for those who have encountered an unfortunate circumstance such as divorce, job loss, inadequate health insurance and the resulting medical bills, or injury and disability. Filing a Chapter 7 is your legal right and a courageous step that may obliterate the crushing stress of enormous debt.
No matter which type of case may be right for you, you need to realize that you are not alone. Today, millions of people are exercising their right to protect themselves. So, you shouldn't blame yourself for your situation. Instead, you may be able to take control of it by calling us today.
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The purpose of this web site is to help you learn everything you need to know about bankruptcy, the process, your bankruptcy attorney and your legal rights. The best place to start is with the U.S. Bankruptcy Code. It delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right.