The Benefits of Bankruptcy
California Bankruptcy Lawyer
The purpose of bankruptcy is to help people in financial difficulties get out of debt. It is a legal solution to crushing money problems that, when taken advantage of, can help a person get back on track financially and create a better life. Individuals typically file bankruptcy petitions for Chapter 7 or Chapter 13. Chapter 7 bankruptcy involves the liquidation of assets to pay creditors, while Chapter 13 gives the petitioner an opportunity to revise payment plans. Filing for bankruptcy puts an end to the misery of abrasive debt collectors, property repossession, house foreclosure and other debt-related troubles.
Price Law Group is comprised of highly adept attorneys that provide caring legal counsel to individuals and families weighed down by too many debts. We can help you decide if bankruptcy is the right course of action for your circumstances, and assist you in preparing and filing your bankruptcy petition. Our lawyers will provide personal service throughout your case and competently represent you in court.
If you are considering bankruptcy, talk to a California bankruptcy attorney who can explain the laws governing this action and how to proceed in filing a petition.
Bankruptcy Benefits
There are many advantages to bankruptcy that should be considered when deciding how to address you debt predicament. Although the primary benefit is the discharging of debts (Chapter 7), any bankruptcy petition filed with the court will:
- Stop debt collectors from contacting you
- Halt foreclosure
- Prevent repossessions
- Stop wage garnishment
Our firm has assisted thousands of individuals and families in eliminating their debts. We can help restore your financial security through bankruptcy and other alternatives that will end your debt nightmare.
Contact a California Bankruptcy Attorney
to find out more about the benefits of bankruptcy and how you can use this legal remedy to rebuild your life.
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