affordable bankruptcy Los Angeles

What To Do If You Wish To Keep Your Car In Chapter 7 Bankruptcy?

Call: 888-297-6203 Chapter 7 bankruptcy allows you to keep important property, including a vehicle. However, if the vehicle is an expensive model, has a lot of equity in it, or you cannot afford to make the payments, you might end up losing it. While filing for bankruptcy, you are allowed to protect some amount of personal property, including equity in the vehicle, home, household appliances, etc., using various exemptions provided by the state or federal government. The motor vehicle exemption is specifically meant to protect cars in Chapter 7 bankruptcy. What happens if the equity in the vehicle [...]

2025-08-13T05:37:03+00:00
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How Chapter 7 Can Help Small Business Owners

Call: 888-297-6203 A small business owner or a sole proprietor struggling with finances can get rid of their debts by filing for Chapter 7 bankruptcy. This chapter can help you close the business easily. However, it is not suitable for partnerships, LLC, or corporations as the business will not receive a debt discharge. Moreover, filing for bankruptcy can increase liabilities like lawsuits. You can understand more about bankruptcy by calling 888-297-6203 to consult with experienced bankruptcy lawyers in Los Angeles. Business debts and personal liabilities A personal guarantee makes you liable for any business debt if the business [...]

2025-08-13T05:27:42+00:00
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How To Deal With A Student Loan If You File For Bankruptcy

Call: 888-297-6203 A student loan is a debt that does not come off very easily. Until and unless you have valid justification and proof that paying your student loan is causing undue hardship on you, it is next to impossible to get rid of it.  Be it Chapter 7 or chapter 13, it is quite difficult to get exemptions from your student loan even if you file for bankruptcy. The exception under Under hardship The definition of undue hardship mostly depends from court to court. If you wish to get your Student loan waived off, you must prove [...]

2025-08-25T12:30:09+00:00
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All That You Need To Know About Debts That Can Be Discharged Under Chapter 13 Bankruptcy

Call: 888-297-6203 Compared to Chapter 7, debts discharged under Chapter 13 are broader since they even wipe out nondischargeable debts of Chapter 7. Post the completion of the Repayment Plan, you will receive a discharge order which will clean off all balance of the qualifying debts. Debts that are covered under Chapter 13 The basic deciding factor for dischargeability of the debt is whether it is a Secured debt or an unsecured debt. Unsecured debts are further sub-divided into Priority  (These are not dischargeable and paid before the non-priority debts) and Non-priority Debts ( These are dischargeable and [...]

2025-08-12T12:58:12+00:00
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What Is A Bankruptcy Discharge?

Call: 888-297-6203 Most people who have filed for bankruptcy are looking forward to the order that wipes out their qualifying debts such as utility bills, credit card balances, personal loans, and medical debt. This order, known as bankruptcy discharge, specifies that you are no longer responsible for the discharged debts. As a result of this order, the creditor can no longer pursue you for non-repayment of debt, report you to credit reporting agencies, or file a lawsuit against you. In order to get a bankruptcy discharge, you need to officially file the petition provide the court with accurate [...]

2025-08-13T04:34:53+00:00
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Effect Of Bankruptcy On Your Credit

Call: 888-297-6203 People contemplating bankruptcy filing are often worried about how it will affect their credit score. However, if your credit is already underwater, bankruptcy would not significantly affect it. In fact, it may help you improve it in the long run. People with good credit scores might see a huge drop in the same after filing for bankruptcy. Though the bankruptcy chapter does not make much difference in your credit score, some creditors might consider you a better credit risk if you filed for bankruptcy under chapter 13. This is because you repaid some of your debts [...]

2025-08-11T04:16:18+00:00
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All You Need To Know About Bankruptcy Exemptions

Call: 888-297-6203 When you file for bankruptcy, the prima facie focus is on the exemptions that you can get under Chapter 7 and Chapter 13. Hence, these play a very significant role in both Chapters. Chapter 7 – Under this Chapter, based on the exemption applicable, you get to keep or surrender your assets and property. Chapter 13 – However, under this Chapter, based on the exemption you get, you are liable to pay your unsecured debts to the creditors. If you are looking to benefit from the exemptions and get a better chance at it, it is [...]

2025-08-21T13:26:57+00:00
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Modifying Chapter 13 Repayment Plan

Call: 888-297-6203 As per lawyers of Los Angeles based law firm, your proposed repayment plan is the most important document in a chapter 13 bankruptcy case. It informs which creditors will be paid and the amount of your monthly payment plan. Unfortunately, a lot can happen between the duration of your 3-5-year repayment plan which can change it. However, you can modify the approved plan as per the changes in your situation. Circumstances that can lead to a modification of your existing chapter 13 repayment plan include job loss, reduction of income, increased expenses due to illness, or [...]

2025-08-12T11:53:02+00:00
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Can Personal Bankruptcy Lawyers In Kingman, Arizona Help You Get Rid Of Your Debts?

Call: 888-297-6203 The pressure of mounting debts and your inability to clear them can cause you to live in a constant state of tension. Mental pressure can manifest into physical health issues as well as constant fights within your home. Your peace of mind, happiness, and comfort of your family, as well as the future of your kids, can be in jeopardy if something is not done within time. You might even end up losing your home, car, or other property due to foreclosure or repossession. Since this is nothing short of a nightmare, you need to look [...]

2025-08-12T11:57:20+00:00
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How To Hire A Bankruptcy Law Firm In Fountain Hills, Arizona?

Call: 888-297-6203 Are you constantly quarreling with your spouse and are unable to sleep at night? This could be an adverse effect of falling behind on your payments. Being in debt can cause you to be under immense pressure, which can start affecting your mental and physical health. Instead of constantly worrying about how to pay your debts and save your property from repossession or foreclosure you need to think constructively. In this situation, only a skilled bankruptcy lawyer in Fountain Hills, Arizona can help you. Research consumer bankruptcy lawyers in Fountain Hills, Arizona Finding a lawyer is [...]

2025-08-21T13:25:24+00:00
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We are a debt relief agency. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.