Tell us what you need so we can bring you the right pros.
Receive quotes from pros who meet your needs.
Compare quotes, message pros, and hire when ready.
Browse these bankruptcy attorneys with great ratings from Thumbtack customers in Bakersfield.
I rec'd a prompt reply to my initial inquiry, along with an estimated price for the work I was interested in having done.
Do I need a bankruptcy attorney? New bankruptcy laws have made filing for personal bankruptcy not only more expensive, but also more complicated. Bankruptcy attorneys now have to spend more time on means testing and validating the accuracy of each client's bankruptcy filings. It is not required that you hire a bankruptcy attorney prior to filing for personal bankruptcy, but the changes in the law have made completing bankruptcy on your own more complicated. A qualified bankruptcy attorney can make sure your financial situation is evaluated accurately, help schedule all court appearance and complete all necessary bankruptcy documentation. Chapter 7 Chapter 7, otherwise known as "liquidation" or "straight bankruptcy" is generally the simplest and quickest and is available to individuals, married couples, corporations and partnerships. A trustee appointed by the court gathers and sells your nonexempt property. The proceeds from the sale pay your creditors. You're able to keep any "exempt" property. Chapter 13 When someone files for bankruptcy under Chapter 13 of the Bankruptcy Code, their aim is to have the opportunity to repay some or all the debts in their name, in better terms, i.e. lower or no interest. Unlike Chapter 7 which involves liquidation of assets, this process involves restructuring debts which allows the debtor to use whatever income they may have in the future to pay off the creditors. Filing Chapter 13 Bankruptcy is thus applicable for a debtor who has a regular income, and thus can afford to request for such adjustments or reductions. The United States Bankruptcy Code gives the debtor a ceiling of 5 years within which the creditors must be paid back. While the attorney will safeguard your interests, the entire process is carried out under the supervision of the courts. Chapter 20 A Chapter 20 bankruptcy is the strategy of filing a Chapter 7 bankruptcy to discharge unsecured debts and immediately following up with a Chapter 13 after debts have been reduced. The 2005 Bankruptcy Reform Act limits Chapter 20 filings by placing a general limit on success bankruptcies. Currently, a Chapter 7 bankruptcy can be filed once every eight years, and a Chapter 13 can be filed only after three years have passed from the closing of a Chapter 7 case. Still, bankruptcy seekers attempt to circumvent these restrictions.
Choosing the right attorney will eliminate the fatigue and worry that can come from the bankruptcy process. You will be provided the right guidance and understanding of your rights and your responsibilities as a debtor filing bankruptcy.
On the lookout for one of the reliable bankruptcy law firms in Costa Mesa? Check out this business. These experts have 12 years of experience.
Being one of the best lawyers, this expert offers quality services in Riverside. This individual handle bankruptcy cases. Check this pro's Thumbtack profile today.
This firm has divorce lawyers who can assist you with your legal problems. They also provide professional advice for various bankruptcy and child custody cases.
In need of legal help? Find lawyers from SP Law Group. They help those clients who are filing for bankruptcy or those who are suffering from personal injuries or family issues.