If you live in California and are considering filing bankruptcy, a local bankruptcy lawyer can answer your questions about what options are available to you.
With a California bankruptcy lawyer as your guide, you may find out if filing Chapter 7 or Chapter 13 bankruptcy would be a good way to eliminate your debt.
To speak with a lawyer near you, simply fill out the below free bankruptcy case evaluation form or call 877-349-1309.
Your bankruptcy lawyer may ask key questions about your financial situation, assets and goals.
This information will be used to help determine if you should file Chapter 7 or Chapter 13 bankruptcy.
Chapter 7 bankruptcy is often called liquidation because the bankruptcy trustee may liquidate or sell off non-exempt assets you may own. However, many people who file Chapter 7 bankruptcy do not own any non-exempt assets. In these cases, there is no liquidation and many unsecured debts may be discharged.
If you opt to file Chapter 7 bankruptcy, one of your first steps will be to find out which and how much of your property will be exempt from liquidation.
Chapter 13 bankruptcy is often called reorganization. Under Chapter 13 bankruptcy you may be able to keep most of your property and work out a debt repayment plan to catch up on past due debts. If you decide to file Chapter 13 bankruptcy, one of your first tasks will be creating a proposed repayment plan for your debts.
As you can see, California bankruptcy laws are very specific. Ask a local California bankruptcy lawyer if filing bankruptcy could help you.
When you speak with your attorney, he or she will likely explain the bankruptcy process in detail and answer questions that you may have about your bankruptcy case.
We make it very simple to get in touch with a California bankruptcy lawyer. Fill out the free case evaluation form on this page or give us a call at 877-349-1309, and we’ll connect you with a local bankruptcy lawyer as soon as possible.
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Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.