It’s Possible You Don’t Know as Much About Filing Bankruptcy as You Think: A Bankruptcy Lawyer in Chino Hills
You might be concerned that declaring bankruptcy because you believe it will force you to sell all of your possessions. While Chapter 7 bankruptcy does necessitate the sale of some assets, Chapter 13 bankruptcy is a less severe option. You can apply for debt relief through this program while making monthly payments according to a court-approved schedule.
Contact a bankruptcy lawyer in Chino Hills CA to discover more about your choices and how you can go ahead. We at Law Offices of Terrence Fantauzzi can assist you in determining whether or not this choice is appropriate for you. If that’s the case, a professional attorney might assist you in gathering the essential paperwork and overseeing the debt relief procedure. To get started, call (909) 552-1238 right now.
A bankruptcy lawyer in Chino Hills CA can help you choose the best bankruptcy plan
While all bankruptcy plans have the same two primary goals, the means of achieving these goals will significantly differ. Individuals and couples have two main paths forward. A Chapter 7 declaration could see the liquidation of some assets to satisfy creditors. A court-appointed trustee will oversee this process. By contrast, a Chapter 13 plan will place debtors on a payment plan, and they may choose how to obtain the funds to make those payments.
Companies can also pursue debt relief through a Chapter 7 bankruptcy. A bankruptcy lawyer in Chino Hills CA could help debtors understand the nuances of each type of bankruptcy.
Today is the best time to speak with a bankruptcy lawyer in Chino Hills CA
For every homeowner or debtor, the possibility of foreclosure and other debt collection measures is terrible. If a bank or another lender has filed a lawsuit to confiscate your house ,it’s critical that you’re prepared to fight back. If it hasn’t gotten that far yet, now is the moment to act to stop additional action being taken against you.
All foreclosure and debt collection operations will be halted immediately if you file for bankruptcy. Do not delay – call Law Offices of Terrence Fantauzzi now at (909) 552-1238 to schedule a free legal consultation with a bankruptcy lawyer in Chino Hills CA.