Bankruptcy Services

bankruptcy

California Chapter 7, Chapter 11, and Chapter 13 Bankruptcy

JLG is substantially experienced in handling a broad spectrum of bankruptcy matters, including representing consumer debtors and creditors in Chapter 7, Chapter 11 and Chapter 13 cases, and related adversary proceedings. Our attorneys take the time to fully understand your financial situation, issues, and goals. Because we have substantial knowledge regarding potential alternatives to bankruptcy, we truly are able to serve our clients’ best interests. For example, loan modification may be an alternative to filing a Chapter 13 bankruptcy to save your home; debt settlement may be an alternative to clearing up your credit card debt instead of filing a Chapter 7 bankruptcy.

When most people encounter the term Bankruptcy, they immediately associate it with the concept of complete loss. On the contrary, most of our bankruptcy clients file for bankruptcy because we fight to keep their homes and personal belongings. Our highest priority is to serve your best interests and assist you in implementing a holistic, cost-effective legal solution, so give us a call to set up a free consultation and allow us to mitigate your fears of bankruptcy.

Why file for Bankruptcy?

The best way to approach this question is to ensure that you first understand the definition of bankruptcy. Bankruptcy is the term for a procedure that helps consumers and businesses eliminate their debt and repay their creditors. This process is generally intended for individuals facing financial difficulties who need to find relief from overwhelming debt. Many file for bankruptcy in order to stop the foreclosure of their home, refrain from car repossession, eliminate high medical bills, prevent harassing phone calls, and avoid utilities from being shut off. The incentive behind filing for bankruptcy can compile an exhaustive list, but if these are problems that not only sound familiar to you, but are problems that you want to avoid, bankruptcy may be your path to finding relief. In tandem to understanding the definition of Bankruptcy and wanting to file for Bankruptcy, there is still a lot more one must take into consideration.

Should I File for Bankruptcy? Where do I begin?

There are several different kinds of bankruptcies and some of which are available options only for people in specific circumstances. For example, factors such as the amount of income (whether too much or too little) in juxtaposition with expenses, assets and property all come into play while deciphering whether or not one qualifies for a bankruptcy.

What chapter of Bankruptcy should I file for?

The most common types of Bankruptcies are Chapter 7 and Chapter 13 Bankruptcies.

Chapter 7

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Chapter 7 is a bankruptcy option for those who do not have the financial means to restructure their debts and have few or zero assets. Read More

Chapter 13

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A Chapter 13 bankruptcy is an option for the individual, not for a business. While filing for a Chapter 13 bankruptcy you can keep your property. Read More

Chapter 11

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A Chapter 11 bankruptcy is typically filed by corporations or businesses which require time to restructure their debts. Read More