Bankruptcy laws help people who can no longer pay their creditors get a fresh start – by liquidating assets to pay their debts or by creating a repayment plan. Bankruptcy laws also protect troubled businesses and provide for orderly distributions to business creditors through reorganization or liquidation.
Most consumer and business cases are filed under the two chapters of the Bankruptcy Code – Chapter 7 or Chapter 13.
An attorney will be essential in offering you legal bankruptcy counsel regarding filing for bankruptcy in California.Your attorney can help you determine which form of bankruptcy you qualify for and will be best for your financial future. When you decide to file a Chapter 7 or 13, your attorney can then help you file the petition and follow through with it.
Whether you are looking to file a Chapter 7 or Chapter 13, a licensed bankruptcy attorney can guide you through the process and provide options for getting out of debt. They can also stop creditors from harassing you. You can get immediate help at an affordable flat fee.
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