BANKRUPTCY & FORECLOSURE ATTORNEYS
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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 […]
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 […]
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 […]
The Internal Revenue Service is a powerful creditor and owing money to the IRS can have consequences such as seized assets, garnished wages, and liens on property. However, there are various ways to deal with the situation, from communicating directly with the agency to receiving tax debt help from a legal professional. Here are several […]
