affordable bankruptcy attorney los angeles

Information Essential for Filing of Bankruptcy

Once you have concluded that bankruptcy is probably the best way to get rid of your debts, it is time to consult an experienced bankruptcy lawyer. Most lawyers will ask you for a detailed account of your income, assets, and debts. This is because while filing for bankruptcy, you are required to disclose all this information as per Federal Law. For a person struggling with finances, reliving their failures can be quite overwhelming, however, this is something you cannot avoid if you wish to have your debts discharged. According to lawyers of Los Angeles based bankruptcy law firm [...]

2019-10-04T12:57:17+00:00
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Know More About Texas Bankruptcy Exemptions

Call: 888-297-6203 The worst fear people have about bankruptcy is losing all their assets to liquidation. You will be surprised to know that liquidation of assets is not as common as is believed. According to lawyers of Los Angeles based bankruptcy law firm Recovery Law Group, many states provide exemptions which can protect the majority of your assets from going under the hammer. Texas has amazingly generous bankruptcy exemptions that can protect more property than federal bankruptcy exemptions. The different categories of the exemption provided by Texas bankruptcy laws include: Homestead exemption One of the major concerns people [...]

2019-10-03T13:24:32+00:00
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Business Recovery Through Bankruptcy is Possible

Call: 888-297-6203 In a time when the economy is struggling everywhere, it is not uncommon to find that many small businesses find it hard to stay afloat. Any change in customs duties, fluctuation in prices can send the cost escalating which cuts into the profit margin. Moreover, the high-interest rate can be a huge reason for the escalating debt of small business owners. If you find yourself struggling to manage the finances of your business, it is time to consider bankruptcy as a way out, say Los Angeles based bankruptcy law firm Recovery Law Group lawyers. Though Chapter [...]

2019-10-01T13:24:56+00:00
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How to Fight the Social Stigma Attached With Bankruptcy?

Call: 888-297-6203 Despite the best efforts of people to bring in the positive sides of bankruptcy, the social stigma attached to it almost always overpowers. Los Angeles based bankruptcy law firm Recovery Law Group has seen various victims of this social stigma who have been struggling with the huge mound of debt but chose not to file for bankruptcy because of its effects on their life. There is no denying that there are disadvantages associated with bankruptcy, however, its pros often outweigh the cons. Many people are constantly struggling to pay their bills and lead a normal, debt-free life. [...]

2019-10-01T13:24:43+00:00
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When Should You Hire a Bankruptcy Attorney?

Call: 888-297-6203 Anyone can have a streak of bad luck which might result in them in falling under an enormous amount of debt. However, unless you can get a handle on your finances, it is very difficult to get rid of the huge mountain of debt. Slowly, the situation takes a turn for the worse and you might be facing constant harassment from creditors in the form of unwanted phone calls and threatening letters. Los Angeles based bankruptcy law firm Recovery Law Group says that there comes a time when people have to take the unavoidable option of [...]

2019-10-01T13:24:12+00:00
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Know Everything About Bankruptcy Before Opting for It

Call: 888-297-6203 Your finances are something you generally don’t discuss with everyone. If you are facing some monetary problems, your family or a few friends might be able to come to your rescue. If, however, the debt is too much, even they can’t help. Bankruptcy might be the only possible way to legally get rid of debt. Despite the advantages of bankruptcy, it is important that you don’t jump into it without being aware of the details or you might end up blindsided. Los Angeles based bankruptcy law firm Recovery Law Group, suggests that it is always important [...]

2021-12-07T03:58:55+00:00
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Is it Possible to Reopen Your Bankruptcy Case?

Call: 888-297-6203 When people file for bankruptcy, their bankruptcy can either be dismissed because it does not fulfill all criteria, lacks some important document or has valid objections raised against it by creditors; or, the bankruptcy is discharged once all responsibilities are completed (dues are cleared). However, inform Los Angeles based bankruptcy law firm Recovery Law Group lawyers, sometimes, the bankruptcy case is closed without a discharge. Since bankruptcy is a complex process, closure of case without discharge is possible. If this is the case, you will require the assistance of experienced bankruptcy lawyers. You can call 888-297-6023 to [...]

2019-09-25T12:11:10+00:00
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Is Personal Information Revealed During Bankruptcy?

Call: 888-297-6203 Unable to meet financial commitment is a cause of embarrassment for most people. Majority of them choose to file for bankruptcy to get rid of debts and often avoid letting the news of their bankruptcy out. Many times, they don’t even discuss these issues with their closest friends. Thus, disclosing it to employers or landlord etc. is out of the question. While filing for bankruptcy, a lot of personal information is shared, and this is a major cause of worry for them. Since bankruptcy filing is public information, people are worried as to what happens to [...]

2019-09-25T11:38:21+00:00
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Should You File for Bankruptcy Before or After Foreclosure?

Call: 888-297-6203 Bad situations such as a sudden job loss or any unexpected medical expenses may result in you going under a huge amount of debt. For a person who owns a home, the major concern is what will happen to their home. Being behind mortgage payments can send the creditor towards foreclosing on your property. One of the best ways out of this situation is to file for bankruptcy, suggest Los Angeles based bankruptcy law firm Recovery Law Group lawyers. However, once you decide that bankruptcy is the answer to your problems, the big question is whether to [...]

2019-09-24T13:36:25+00:00
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What is ORAP?

Call: 888-297-6203 Filing for bankruptcy to get rid of your debts can make you aware of several legal terms previously unknown to you. When you choose to file for bankruptcy, you have probably run out of options to stop creditors from collecting their amount. ORAP is a procedure which is known to be quite helpful during bankruptcy proceedings, especially to your creditors. ORAP is called order for appearance and examination of judgment debtor. According to Los Angeles based bankruptcy law firm Recovery Law Group, ORAP requires that the debtor appears in the court in order to answer questions [...]

2019-09-23T12:35:48+00:00
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We help people file bankruptcy petitions to obtain relief under the bankruptcy code.