We handle all types of legal issues that affect families in California, including bankruptcy. If you require bankruptcy representation, the Law Offices, can help. We know that dealing with financial problems is difficult and can cause extreme anxiety for you and your family. Consider Chapter 7 and Chapter 13 bankruptcy. Filing for bankruptcy is one of the most effective ways to eliminate debt, protect assets and achieve a fresh financial start.
Since 1994, the Law Offices of John Joseph Buckey, Jr. and Associates, has helped individuals, families and businesses put an end to their financial problems and get debt relief. To discuss your bankruptcy options in a free initial consultation, contact us today. Whether you require business bankruptcy or have divorce and bankruptcy issues, our Corona bankruptcy lawyers are ready to help you.
You can also visit our firm’s bankruptcy site.
Chapter 7 and Chapter 13 Bankruptcy
Both Chapter 7 and Chapter 13 bankruptcy can provide the debt relief you need. In a Chapter 7 bankruptcy filing, all unsecured debts such as credit card debt, medical bills and personal loans are discharged. Sometimes referred to as “liquidation” or “straight” bankruptcy, you must qualify for Chapter 7 under a bankruptcy means test in order to file. This test is largely based on your monthly income.
Chapter 13 bankruptcy allows a debtor to reorganize debt into a three- to five-year repayment plan. Chapter 13 is usually for those debtors who do not qualify for Chapter 7 but have enough income that allows them to benefit from a repayment plan.
Both Chapter 7 and Chapter 13 are also extremely beneficial in that they can:
- Stop creditor harassment
- Stop foreclosure
- Stop judgments, liens and garnishments
- Stop repossession
We can discuss whether bankruptcy is the right option for you. In addition to bankruptcy, we offer a comprehensive approach to financial problems, and can help you with non-bankruptcy options such as negotiations and loan modifications.
