Bankruptcy Solutions to Achieve Debt Relief
Bankruptcy is commonly understood as the elimination of debt through a petition with the government. Depending on your level of income, the amount of your debt and your objectives through filing, you have various options to achieve debt relief. At the Law Offices of James P. Segall-Gutierrez, we offer experienced advocacy and support to help our clients understand their rights and achieve financial independence through bankruptcy proceedings.
Call us at 888-389-1534 or contact us by email to review your options and discuss possible solutions today.
Filing for Bankruptcy
Many people are hesitant to file bankruptcy because of the negative stigma attached to the release from debt. The truth is that the government makes bankruptcy an option to ensure the health of the economy. Without bankruptcy options, there would be no release valve, credit would get backed up, and the entire economy would slow. It is important to remember that most people filing bankruptcy face entirely unforeseeable financial troubles including a job loss, divorce, injury, or family emergency. Most people who file have explored other options and have no other choice.
Our bankruptcy attorney can take action to help:
- Stop home foreclosure
- Stop creditor harassment
- Eliminate unmanageable debt
- Protect your assets
- Achieve financial security for your family
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is also known as "liquidation bankruptcy" or the total discharge of most debt. Through Chapter 7 bankruptcy you can save your home and eliminate unsecured debt including credit card debt, medical bills and other loans. Through Chapter 7 bankruptcy there are ways to save your assets including your car and home. However, bankruptcy law places limits on the annual income and amount of debt that can be eliminated through Chapter 7. It is important to contact us to determine if you qualify for bankruptcy. Even if you are over the allowable income, you may be able to file under some circumstances.
Call 888-389-1534 to speak directly to an experienced bankruptcy and debt relief lawyer serving clients throughout Downey, California and Southeast Los Angeles.