BANKRUPTCY & FORECLOSURE ATTORNEYS
Contact Us
Debt settlement and filing for bankruptcy can help get you out of debt. If you have more debt than you can repay, you can file for bankruptcy to discharge unsecured debts or create a repayment plan. Debt settlement enables you to negotiate with creditors if you have delinquent credit accounts or personal loans. How Settling […]
Small businesses acquire debt for various reasons. If the debt is too much to resolve, the business isn’t profitable, or demand for its products and services declines, it may be forced into bankruptcy. Outside forces can lead to increased business debt as well. When your company faces a large amount of debt, options may include […]
Student loan debt has surpassed credit card debt across the nation. Many are finding it difficult to pay back their student loans. Filing bankruptcy is a complex legal process and, despite the misconceptions, it is possible to discharge student loans. However, the legal requirements are complex and often discouraging. You should, therefore, hire a Los […]
Bankruptcy is a financial option available to anyone. If you’ve tried to pay your bills, but still have too much debt, it can help improve your situation over time. You might consider speaking with a Los Angeles bankruptcy attorney for several reasons. Perhaps you’ve lost your job, are getting a divorce, or have high medical […]
Owning a small business may be your dream, but starting one often requires borrowing money. Taking on the right amount of debt can be beneficial. However, this depends on timing. Too much debt is one reason half of small businesses fail in their first five years. There are many ways to deal with small business […]
When debts are discharged in a bankruptcy case, the debtor is freed of any legal obligation to pay them. Creditors can no longer take any collection action, communicate with the debtor, or pursue legal action. Your Los Angeles bankruptcy attorney will inform you of which debts are dischargeable. Whether your debt is dischargeable depends on […]
An automatic stay is a simple one-page document. Once you file for bankruptcy, your Los Angeles bankruptcy attorney sends this document to creditors, notifying them of your situation. It legally prohibits them from taking various actions. Although creditors can motion to remove or modify an automatic stay, violating it can lead to sanctions by the […]
Filing for bankruptcy may not affect only your financial affairs. While your debt, and obligation to pay it, may be discharged, a cosigner on a loan may still be responsible for it. That means a creditor or lender may still pursue collections actions on your cosigner or joint account holder. So, just how do you […]
If you’re facing an overwhelming amount of debt, bankruptcy provides a legal solution to your problems. It’s essentially a way to start over. Depending on the type of bankruptcy you file, you your debts may be discharged (meaning your legal obligation to pay them is eliminated) or an affordable three- to five-year payment plan can […]
The Employment Retirement Income Security Act of 1974 (ERISA) protects qualifying private company pensions. In 2005, Congress overhauled bankruptcy laws so that now almost all ERISA-qualified retirement accounts and pension funds cannot be accessed by creditors. However, there are exceptions, and state exemptions may apply to your property, so it’s important to consult a Los […]
