You Are in a Difficult Situation but a Bankruptcy Attorney Chapter 7 in Colton CA Can Help
There are few situations more stressful than facing overwhelming debt. Whether this debt affects your individual finances or threatens to bring your company to the point of insolvency, seeking out a reasonable alternative is of paramount importance. Working with a Bankruptcy Attorney Chapter 7 in Colton CA can be a useful way to protect yourself from looming debt.
A bankruptcy case can offer many immediate and long-term benefits. A lawyer could help you obtain relief from overwhelming debt. A skilled attorney could work with you to understand your goals, choose a bankruptcy plan, and submit a complete and accurate petition to the court. Contact Law Offices of Terrence Fantauzzi at (909) 552-1238 to get started right away.
The bankruptcy process – let your Bankruptcy Attorney Chapter 7 in Colton CA help you through it
Choosing to pursue 13 bankruptcy is only the first step toward debt relief. To initiate the process, debtors must submit a significant amount of information to the court. In every case, the bankruptcy court requests detailed financial data. This information helps the court determine the amount of disposable income the petitioner has to calculate their monthly payment. This data may include paystubs, a list of current debts, a list of assets, and profit/loss statements.
Individuals and couples will also need to complete an approved credit counseling course. These courses take place entirely online in two sessions. At the end of the course, the credit agency will issue a certificate of completion that the petitioners must attach to their bankruptcy petition.
Once the court receives a valid petition, it will issue an automatic stay. This prevents any current collection efforts from moving forward and prohibits the initiation of any new efforts.
The sooner you call a Bankruptcy Attorney Chapter 7 in Colton CA the sooner we can get to work for you
One of the biggest advantages of calling a Bankruptcy Attorney Chapter 7 in Colton CA now – instead of waiting weeks or months – is that as soon as you file, your creditors are required by law to stop all steps to collect debt from you. Filing bankruptcy can immediately stop the calls, letters, and harassment.
It’s also true that the sooner you have help from an experienced attorney, the sooner you will have the peace of mind that there truly is a solution and a way out of your current financial problems. This does not have to be the way you live. Contact Law Offices of Terrence Fantauzzi today at (909) 552-1238 and let us provide a free consultation to ensure you understand all the options available to you.