Rancho Cordova Chapter 7 & 13 Bankruptcy Lawyers
When an individual cannot pay his or her bills and needs a financial fresh start, they can file for bankruptcy. The right to file for bankruptcy is provided by federal law and is handled in federal courts.
Get a FRESH START today, contact a Rancho Cordova bankruptcy attorney today. – If you find yourself in over your head in debt, the creditors are constantly howling at your door interrupting dinner meals, leaving threatening messages and embarrassing you at work.
We understand the urgency of your legal matter and can provide the legal help you need. Contact us right away to arrange a free consultation and we promise to explain your legal rights and give you the answers you need to know about your case. Call (916) 971-8880 today.
Get Help Now – Call (916) 971-8880
Get a FRESH START today!
Speak With Bankruptcy Attorney Now
Call (916) 971-8880
WHY WERE THE BEST BANKRUPTCY ATTORNEYS
- FREE CONSULTATION
- IMMEDIATE APPOINTMENTS
- FACING FORECLOSURE?
- SATURDAY APPOINTMENTS
- STOP CREDITOR CALLS & THREATS
- REPRESENTED CLIENTS IN OVER 5000 BANKRUPTCY CASES
- ATENDEMOS SUS PROBLEMAS DE BANCAROTA EN ESPANOL
- KNOWLEDGEABLE, EXPERIENCED, HARD WORKING LAWYERS
- SPEAK DIRECTLY WITH A BANKRUPTCY LAWYER, NOT A PARALEGAL
Bankruptcy Attorney in Rancho Cordova Can Help
When one files for bankruptcy, creditors immediately stop seeking to collect debts, at least until they are sorted out according to law. By filing for bankruptcy, you eliminate the legal obligation to pay most or all of your debts and are officially “discharged” of debts.
Filing for bankruptcy can be complicated and it’s best to consult with an experienced attorney who can help you. Unfortunately, bankruptcy cannot cure every financial problem nor is it the right step for everyone. For example, bankruptcy cannot eliminate certain “secured” rights of creditors such as a mortgage or other lien on property.
There are four types of bankruptcy cases provided under the law:
- Chapter 7 is known as “straight” bankruptcy or “liquidation” and it requires a debtor to give up property which exceeds certain limits called “exemptions” so the property can be sold to creditors.
- Chapter 11 is known as reorganization and is used by businesses and a few individual debtors whose debts are very large.
- Chapter 12 is reserved for family farmers.
- Chapter 13 is called “debt adjustment” and it requires a debtor to file a plan to pay debts (or parts of debts) from current income.
Most people that file for bankruptcy will file under either chapter 7 or chapter 12. Keep in mind you cannot receive a discharge in a Chapter 7 case if you received a discharge under a Chapter 7 case filed in the last 8 years or a Chapter 13 case filed in the last 6 years. Additionally, you cannot receive a discharge in a Chapter 13 case if you received a discharge under a Chapter 7 case filed in the last 4 years or a Chapter 13 filed in the last 2 years.
Bankruptcy is a very complicated procedure and it’s important you consult an experienced Rancho Cordova attorney who can help you figure out the best solution for you.
“We are a debt relief agency. We help people file for bankruptcy relief in Rancho Cordova, CA, under the Bankruptcy Code.”