Los Angeles Bankruptcy Lawyer
At Resolve Law Firm, we know bankruptcy can be tough. But it’s also a fresh start. With our expertise in California bankruptcy law, we simplify the process. Le’Roy Roberson and our team guide you through, step by step. Call today, let’s rebuild together.
Bankruptcy Cases We Handle in Los Angeles
In Los Angeles, Resolve Law Firm understands the intricate world of Bankruptcy cases, covering a spectrum of scenarios. Life often brings unavoidable stress, especially when it comes to debt. If you’re feeling overwhelmed by mounting bills, Resolve Law Firm, APC, is here to help. Our experienced team aims to provide compassionate legal services, tailored to your needs, empowering you to achieve financial freedom and a fresh start.
What is Bankruptcy?
Bankruptcy is a legal process designed to help individuals and businesses overwhelmed by debt find relief and start fresh. It provides a structured way to manage debts and assets under the supervision of a court. At Resolve Law Firm, we understand the stress that comes with financial struggles, and we’re here to guide you through the bankruptcy process with empathy and expertise.
FAQs by Los Angeles Clients
Why file for bankruptcy in Los Angeles
An individual generally files for bankruptcy in order to obtain one or more of the following benefits: have certain debts discharged completely or sort out which debts are dischargeable from those debts which will still be owed; receive extra time to pay debts; receive a break from creditor calls while debt relief is arranged; have the assistance of a trustee to pursue lawsuits or other claims that the debtor owns so that the money obtained can be used to pay creditors; or eliminate certain judgment liens if those liens impair an exemption.
Will I lose everything?
No, California has two sets of exemptions that people use to protect their assets in a bankruptcy. These exemptions include, but are not limited to, an amount of money covering the equity in a homestead, the value of a motor vehicle, household furnishings, clothes and jewelry.
Will I Have to Go to Court
In most bankruptcy cases, you only have to go to a proceeding called the “meeting of creditors” to meet with the bankruptcy trustee and any creditor who chooses to come. Most of the time, this meeting will be a short and simple procedure where you are asked a few questions about your bankruptcy forms and your financial situation. Occasionally, if complications arise, or if you choose to dispute a debt, you may have to appear before a judge at a hearing. If you need to go to court, you will receive notice of the court date and time from the court and/or from your attorney.
Contact a Los Angeles Bankruptcy Lawyer Today
In conclusion, if you’re in Los Angeles and facing overwhelming debt, Resolve Law Firm is here to help. Our experienced bankruptcy attorneys are ready to guide you through the process with compassion and expertise. Don’t let financial stress hold you back any longer—take the first step towards a brighter future by setting up a free consultation with Resolve Law Firm today.