Find a Bankruptcy
Lawyer in California
Select your County to Be Connected
with a California Attorney
Looking For California Bankruptcy Lawyers and Foreclosure Attorneys? Well Look No Further
The economy in the recent past has not exactly been much to write home about; well certainly not in some states. And considering that living in California is not cheap by any means, it is fathomable how millions of hardworking Americans can find it hard to make ends meet and how they might fall behind on their debt payments.
However, what many people are still oblivious to is the fact that you can find some relief from your debts and mortgages by the means of bankruptcy. You can file for bankruptcy, and if granted, then you could even have your debts wiped clean and may have a fresh start at your life.
There are several different types of bankruptcies recognized in California, including these more common ones:
If you need legal help in this arena then this website of USAttorneys.com is as close to salvation as you are going to get. Our legal counselors know this legal domain and they know how to get someone out of it. They may in some ways give you some tough love but perhaps that is the medicine needed at the time. Make the call, this situation is not going away.
The laws governing bankruptcy in the state of California are extensive and complex. For someone seeking bankruptcy and filing for it, the ultimate objective would be to get a fresh start, be it through a dismissal of their debts completely or via some sort of repayment plan.
Chapter 7 bankruptcy is where, if granted, your debts may be wiped clean completely, which means you will not have to pay any of it back. However, your creditors may be able to acquire your property and sell it and take the income that the sale generates in order to recover all or at least some of the debt.
Therefore, you may end up losing your home in a home foreclosure or you may end up having your car sold. If and only if you own property which is classified as exempt, then you will get to retain ownership of that property. This usually depends on the value of the property itself.
Submit Your Case Evaluation
Find Your Local Lawyer