Orange County Bankruptcy Lawyer
At Resolve Law Firm, we know the stress of bankruptcy. But it’s also an opportunity for a new beginning. Our team, led by Attorney Le’Roy Roberson, is here to guide you through the process in Orange County. With our expertise in bankruptcy law, we make it simple. Call today for the support you need to rebuild your financial future.
Orange County Bankruptcy Services
Stress is an inevitable part of life, particularly when facing debt. If you’re drowning in bills, Resolve Law Firm, APC, is your lifeline. Our experienced team is dedicated to offering personalized legal services, guiding you towards financial liberation and a new beginning.
What happens when you file bankruptcy in Orange County
Filing for bankruptcy in Orange County initiates a legal process that can offer relief from overwhelming debt. Once filed, an automatic stay goes into effect, halting creditor actions like lawsuits and collection efforts. Throughout the process, our team at Resolve Law Firm will work with you step by step, providing support and guidance to ensure a smooth journey towards financial stability.
FAQs by Orange County Clients
Chapters Of The Bankruptcy Code; What is Chapter 7?
Chapter 7 refers to a “liquidation” bankruptcy and can be used by an individual to obtain a discharge of many debts without making payments in the future. It may also be used by a business that wishes to liquidate its business assets under the protection of the bankruptcy court. A trustee is appointed to take control of certain assets of the debtor and to sell or distribute these assets for the benefit of creditors. A trustee can also recover certain assets that have already been distributed and bring those assets back into the bankruptcy estate. Creditors generally have the right to file “claims” which identify the amount of money owed and the documents supporting the claim. In some situations may be able to file a written request (motion) to the court for an order allowing the creditor to take back a residence, automobile, or other property that serves as collateral for their claims.
Will I still receive notices from the CDTFA after filing bankruptcy?
Yes, the CDTFA must notify you any time they bill a new liability. They must also tell you the last date by which you can protest or appeal certain notices.
Will Bankruptcy Affect My Credit?
There is no clear answer to this question. Unfortunately, if you are behind on your bills, your credit may already be bad. Bankruptcy will probably not make things any worse. The fact that you’ve filed a bankruptcy can appear on your credit record for ten years. But since bankruptcy wipes out your old debts, you are likely to be in a better position to pay your current bills, and you may be able to get new credit.
Contact a Orange County Bankruptcy Lawyer Today
If you’re considering bankruptcy in Orange County, don’t navigate the process alone. Reach out to Resolve Law Firm for expert guidance and support. Our dedicated bankruptcy attorneys are committed to helping you achieve financial freedom. Contact us now to schedule your free consultation and take control of your financial future.