bankruptcy attorney Los Angeles

How to Stop Foreclosure on Your Property?

Since a majority of the population purchases the property by taking a loan, non-payment of dues may result in you losing control over any such property. Some financial decisions may cause people to fall into a bad economic situation, which may cause you to fall behind on loan payments. Unless you make a decision soon, you might forfeit your property too. For timely intervention and proper guidance, search for bankruptcy lawyers near me and make a consult sooner than later. […]

2019-05-09T12:28:07+00:00
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Chapter 13 Bankruptcy in California, Nevada, and Texas

High secured debts such as mortgaging of home or car payment can pose a problem around repayment for some of the citizens. Initially, the bank that has lent the money contacts the debtor regarding the payment updates after it has defaulted for a month or two – the bank resorts to persistent phone calls (low-level adverse proceedings). They can steer towards high-level adverse proceedings such as foreclosure or repossession if the debtor continues to default. The debtor in certain scenarios may just need some extra time as he can facilitate the means to pay the moneylender. Chapter 13 [...]

2019-05-09T12:27:56+00:00
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Are Debt Collectors Still Harassing You? Here’s What You Can Do

If you are facing economic problems due to which you are unable to make payments on your dues and are being harassed by collection agents, then you are in for luck. As per lawyers of Los Angeles based law firm Recovery Law Group, under certain circumstances, such collectors can be held liable for harassing people and may have to pay the consumer for calling them up on cell phone. According to Bankruptcy Attorney Los Angeles, there are strict laws in place which prohibit the use of automated dialling machines by debt collectors. However, it is important that you recognize the signs of automated [...]

2023-03-21T08:18:23+00:00
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Worried About Your Debt Problems? Trust Bankruptcy Lawyers to Resolve These Issues for You

Many people who are trying to make their ends meet while simultaneously struggling to pay their dues are often worried about how they are going to pass this phase. Since credit ratings are of huge importance, non-payment of dues will result in bad credit ratings which will make things worse. In case you are facing wage garnishments, worried about foreclosure, repossession of your vehicle, etc., then it is time to look for bankruptcy lawyers near me. One of the best Bankruptcy Attorney Los Angeles firm, Recovery Law Group is committed to helping out families and individuals who are going through a bad financial phase and [...]

2023-03-07T11:26:08+00:00
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Will Filing Bankruptcy Require Liquidating of Business?

It isn’t uncommon for a business owner encountering situations wherein revenues decline and debts become surplus. Planning and executing business is by itself a challenge and being in junctures of financial instability can be equally worrying. Luckily, the U.S. Bankruptcy Code is a saving grace to address these startling situations of the financial crisis in businesses and in personal front too! The key question of a business person is whether the business needs to be liquidated in bankruptcy. To throw some clarity to this, here are some important factors that are to be understood while the business owner [...]

2023-03-13T09:21:30+00:00
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Do You Need an Attorney While Filing for Bankruptcy?

Troubled financial times may cause people to make rash decisions, which will throw them further into an abyss. For people who are considering bankruptcy as a mean to get out of a bad financial situation, there are two options available. You can either file “pro se” or use a lawyer to file bankruptcy papers. Many people think, that by avoiding hiring a lawyer, they are actually saving money in legal fees. However, if you are not fully aware of the procedure, you might end up sabotaging your case which might worsen your already bad condition. […]

2023-03-31T08:54:32+00:00
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Benefits of Bankruptcy Consultation

More often than not, people prefer dealing with severe financial problems than opting for bankruptcy as the word has been often been misconstrued. A bankruptcy filing is a legal and one of the best methods to come out of financial problems and start life afresh. However, before you make a decision to file for bankruptcy, it is important to get a consultation with skilled bankruptcy lawyers such as those of Los Angeles based law firm Recovery Law Group. What to Expect in Bankruptcy Consultation? Taking legal assistance for your financial problems is important as sometimes you might not [...]

2023-03-07T11:12:27+00:00
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Know More About Chapter 13 Bankruptcy Exemptions

Bad financial decisions can cause a change of fate. This can happen to anyone, anytime. Filing for bankruptcy offers a way to salvage not just your property but also allows you to get a fresh start. Bankruptcy can be filed by an individual or company under various chapters. Chapter 13 or wage earner’s bankruptcy is for people with a steady source of income. Like other chapters, exemptions are available under chapter 13 reimbursement proposal. They are also helpful in calculating the amount that the debtor will pay. Under chapter 13 bankruptcy, one can keep all their property, but [...]

2019-05-06T09:28:07+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.