Bankruptcy Lawyer in California Determined to Give Clients a Fresh Start
Stress is nearly unavoidable in life, even if we try to stay clear of it. However, the stress that comes with debt can be especially daunting. If you are one of many Californians who feel overwhelmed by mounting bills and desperate for a way out, the experienced team at Resolve Law Firm, APC, can help. Our mission is to provide compassionate and personalized legal services to our clients so that they can reach their financial goals and start fresh
We understand that filing for bankruptcy is often associated with negative feelings and emotions. However, this doesn’t have to be the case. Bankruptcy offers relief from overwhelming debts and gives individuals a reenergized outlook on life. With years of experience navigating California’s bankruptcy laws, we strive to make this process as simple and stress-free as possible for our clients. Attorney Le’Roy Roberson and our team will take care of you at every turn. Call us today at 213-583-5547 to get the debt relief you need to rebuild your financial future.
Is Bankruptcy the Right Choice for Debt Relief?
It is completely understandable to be hesitant about bankruptcy. The general connotation surrounding bankruptcy can be intimidating, and it is often seen as a last resort to tackle overwhelming debt. However, many individuals don’t fully understand the specifics of bankruptcy, its benefits, or how it can offer relief from financial strain. Bankruptcy can provide debtors with a fresh start financially and offer a legal avenue to protect them from creditor harassment. Bankruptcy may help reduce or eliminate the amount of debt owed by discharging certain debts, such as medical bills and credit cards. It also provides an orderly way for creditors to receive a payment if they are due money under the law.
Attorney Le’Roy Roberson walks you through the entire process, answering all your questions so you are well-informed about every aspect of your bankruptcy. Filing for bankruptcy shouldn’t feel like a negative. Quite the opposite: it should feel like a way to turn the page to the next chapter of your life! Let Resolve Law Firm, APC, take care of you throughout your debt-relief journey.
Friendliest and most honest lawyer I’ve ever met! He helped with my loan modification as I was falling behind on payments and worried I would lose my home.
Excellent. First of all, I want to say thanks to him and all the staff that helped me out with my problem. I really think it helped me out and I also hope he can keep on helping others the same way he helped me thank you.
My worst fear was my husband being deported, his team helped keep him here for me and my children! Thank you so much.
What Type of Bankruptcy is Right for a Consumer?
When it comes to filing for bankruptcy, there are several different types that a consumer should consider. Each type of bankruptcy offers its own set of advantages and disadvantages. Our law firm will talk you through all of your options, going into great detail about how each type of bankruptcy fits your unique situation.
Chapter 7 is the most common type of personal bankruptcy, and it eliminates most debts in exchange for liquidating assets such as property or investments. This means that any non-exempt assets can be used to pay off creditors. Not all debts can be eliminated through this process, however. Student loans and back taxes cannot usually be discharged in a Chapter 7 bankruptcy case.
Chapter 13 bankruptcy is designed to help individuals reorganize their debt into an affordable payment plan. This type of bankruptcy allows a debtor to keep most, if not all, of their assets as they make payments on their debt over the course of three to five years. Chapter 13 bankruptcies are ideal for those with a steady income and those who don’t wish to liquidate any assets.
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With a law degree from Pepperdine University and an extensive law background, our extremely personable attorney has the knowledge needed to help our clients with various legal matters.
Which Bankruptcy Should I Consider as a Business Owner?
There are various different bankruptcy options available to you as a business owner. Chapter 11 bankruptcy is one option that many company owners or organizations think about. This kind of bankruptcy enables the company to restructure its finances in order to continue operating. A debtor will have the chance to bargain with creditors during a Chapter 11 bankruptcy, giving them a chance to pay certain obligations while preserving other assets for future use.
When a business or partnership is involved in a bankruptcy proceeding, there are many moving parts. Le’Roy Roberson will provide you with the knowledge and assurance you need to get through this difficult process. Our law firm has success in mind for everyone who enters the building. Our interests align with yours. Whatever it takes, we’ll do it to assist you and your goals. Please don’t hesitate to get in touch with us if you need assistance with bankruptcy-related company restructuring!
Why Choose Us?
Why Choose us?
What Does an Experienced Bankruptcy Attorney in California Do?
An experienced bankruptcy attorney in California can help individuals and businesses facing financial hardship find the best possible solution for their specific situation. California bankruptcy attorney Le’Roy Roberson can provide legal advice on how to navigate the complexities of filing for bankruptcy as well as assist with debt negotiation strategies and asset protection methods. Bankruptcy attorneys should be consulted prior to making any major financial decisions, especially if you plan to file for bankruptcy. That is why you should reach out to Resolve Law Firm, APC, as soon as possible!
The intricacies associated with bankruptcy law can be complex for those who don’t have experience in the field. A skilled California bankruptcy lawyer like Le’Roy Roberson will help you understand all the details associated with declaring bankruptcy and answer any questions you have about how it might affect your credit score, debt repayment plans, and more. He can also provide masterful representation during court proceedings if needed. With his help, individuals and businesses alike can find secure solutions to their financial challenges and gain peace of mind knowing that their interests are legally protected.
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What Makes Resolve Law Firm, APC, the Right Team for Me?
Resolve Law Firm, APC, is singularly focused on preserving your rights, defending your interests, and delivering the best possible outcome in bankruptcy proceedings. Our team has extensive experience representing people just like you – those who are facing financial hardship and need immediate relief.
At Resolve Law Firm, APC, we understand that filing for bankruptcy is a difficult decision that requires careful consideration. We believe in providing our clients with comprehensive counsel as well as tireless support throughout the bankruptcy process. With each client, we take a holistic approach to developing strategies and advice. No one’s bankruptcy looks the same as another’s.
Our commitment to personalized service sets us apart from other law firms focusing on bankruptcy cases. We will never try to talk you into something that is not right for your particular situation and financial objectives – our goal is your long-term success. Get in touch with us today at 213-583-5547 to get financial freedom and book a free consultation.
What Is Bankruptcy?
Bankruptcy is a legal process designed to help individuals or businesses that cannot meet their financial obligations. It offers a chance to start over from a financial perspective, as most debts are discharged (or wiped out) after bankruptcy has been filed. When a person files for bankruptcy, a court order called an “automatic stay” is immediately put into place, which prevents most creditors from continuing with collection activities offering temporary relief to the debtor. However, bankruptcy isn’t a process to be taken lightly. Seek the help of a skilled California bankruptcy lawyer today to learn more about how bankruptcy fits within your goals.
Should I File For Bankruptcy?
The decision to file for bankruptcy is a significant one and depends largely on individual circumstances. If your debts are unmanageable and you see no possible way to pay them off within a reasonable period, bankruptcy might be a viable option. However, if you’re facing temporary financial hardship, it might be worth exploring other debt-relief options like loan modifications, debt consolidation, or negotiation with creditors. Bankruptcy can have drastic effects on your credit score and can impact your ability to secure credit or loans in the future, so it’s essential to consider all alternatives and consult with a bankruptcy attorney before making a solid decision.
Does Filing For Bankruptcy Ruin My Credit Forever?
While filing for bankruptcy does have a significant negative impact on your credit score, it’s not permanent. A bankruptcy record will stay on your credit report for 7-10 years, depending on whether you filed for Chapter 7 or Chapter 13 bankruptcy. However, the impact of bankruptcy on your credit score decreases over time, and you can start rebuilding your credit right away. By adopting responsible financial habits such as paying your bills on time, keeping your credit utilization low, and avoiding new debt, you can gradually improve your credit score even with bankruptcy on your record.
Will I Lose My Car?
Whether you lose your car in bankruptcy depends on several factors, including exemption laws, whether the vehicle is paid off, and whether you can continue making payments if the vehicle is financed. In many cases, if the car is used as collateral for a loan and the debtor can keep up with payments, they can often keep the car by reaffirming the debt. However, if the car has significant equity and exceeds the allowed exemption, the bankruptcy trustee may liquidate it to repay creditors. If your car is on the verge of being repossessed, filing for bankruptcy can initiate an automatic stay that can temporarily stop your car from being taken away.
Do I qualify for bankruptcy?
Qualifying for certain types of bankruptcy depends on various factors. For Chapter 7 bankruptcy, you must pass the “Means Test,” which compares your income to the median income in your state for a household of your size. If your income is too high, you may not qualify for Chapter 7 but could still file for Chapter 13. Chapter 13 doesn’t have an income requirement, but you need to have enough disposable income to repay your debts over the repayment plan period. Additionally, there are limits on the amount of secured and unsecured debt you can have.
What is the difference between Chapters 7, 13, and 11?
Chapter 7 bankruptcy, often referred to as ‘liquidation bankruptcy,’ involves selling off a debtor’s non-exempt assets to pay off as much debt as possible. After the assets are sold, most remaining debts are discharged. Chapter 13 bankruptcy, known as ‘reorganization bankruptcy’, allows debtors to keep their assets and instead restructures their debt into a manageable repayment plan lasting three to five years. Chapter 11 bankruptcy is primarily used by businesses and involves a reorganization of a debtor’s business affairs and assets. It offers businesses the opportunity to stay operational while repaying creditors.
Do I need a bankruptcy attorney?
Although it is possible to file for bankruptcy without a lawyer, doing so is not advised, given the complexity of the bankruptcy rules and the potential for long-term financial issues and complications. A knowledgeable bankruptcy lawyer in California can walk you through the process, explain the effects of filing for bankruptcy, make sure all of your paperwork is completed accurately, and represent you in bankruptcy court. A skilled bankruptcy attorney can also provide you with important advice on which bankruptcy will work best for your financial goals. A fresh start isn’t as far away as you would think with an experienced lawyer on your side!
What debts are not covered by bankruptcy?
While bankruptcy can discharge many types of debts, some are generally non-dischargeable. These include most student loans, certain tax obligations, child support and alimony payments, and debts incurred through fraudulent means. Debts that were not listed at the time of filing may also not be discharged.
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