Sacramento, California Bankruptcy Lawyers
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Sacramento Bankruptcy

Get Debt Relief with a Sacramento Attorney

In over your head in debt? Facing foreclosure on your home? The time to take action is now.

Bankruptcy may seem like a last resort, but it's an option that millions of Americans use every year to get a fresh start. If you've fallen behind on monthly bills, bankruptcy may be the right option for you.

Let a Sacramento bankruptcy attorney help you determine the right next step. Simply fill in our free case review form below or call 877-349-1309 to connect with a lawyer in your area for a no-obligation bankruptcy consultation.

Free Case Evaluation

Filing Bankruptcy in Sacramento

Bankruptcy is a legal option to seek relief from debts, or to create an affordable plan to repay your creditors over time.

In Sacramento, many people are dealing with credit card debts, mortgage debts and other financial strains. Bankruptcy laws are designed to protect those overwhelmed by personal debts so they can work with creditors and resolve their problems.

While other debt relief options may help reduce certain types of debt, only bankruptcy provides the legal protection to halt foreclosure, end wage garnishment and stop any debt-related lawsuits, thanks to the power of the automatic stay.

The automatic stay is a court order that goes into effect the moment a bankruptcy petition is filed. This protection of the bankruptcy court prevents creditors from contacting you about your debt so you can focus on your case and stop worrying.

Bankruptcy Chapters: 7 vs 13

Under U.S. Bankruptcy Law, there are two main types of personal bankruptcy available to individuals seeking debt relief: Chapter 7, which is a forgiveness of debts, and Chapter 13, which is a reorganization of debts.

Chapter 7 bankruptcy, also known as liquidation, is designed to eliminate debts such as credit cards, medical bills, payday loans and personal loans. Individuals whose debts are unsecured (not tied to any specific items), often chose Chapter 7 bankruptcy.

In a Chapter 7 bankruptcy, property and assets not protected by bankruptcy exemptions may be seized by the bankruptcy court and sold to repay creditors. However, many people who file under Chapter 7 are completely protected by federal or state bankruptcy exemptions, and do not have to part with any property.

Chapter 13 bankruptcy creates a debt repayment plan, which gives the individual three to five years to catch up on past-due debts. Chapter 13 bankruptcy is designed to help those with homes, cars or other valuable assets repay their debts without losing their property.

Many people who file Chapter 13 bankruptcy are facing foreclosure, and use Chapter 13 bankruptcy laws in order to halt the foreclosure process and maintain control of their home.

Under Chapter 7 bankruptcy, Sacramento filers must pass a means test, which compares their income to the median income in California. Chapter 13 bankruptcy does not require a means test.

Bankruptcy Options: Connect with a Sacramento Attorney

If you're ready to explore your debt relief options under U.S. Bankruptcy Law, you connect speak with a local Sacramento bankruptcy lawyer and learn whether filing bankruptcy may be right for you.

Get started today. Just fill out the free bankruptcy case review form on this page or click below to find an attorney near you.

Tap to Call - (877) 250-8242

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