A Bankruptcy Lawyer Chapter 7 in Colton CA Can Assist You in Deciding Which Bankruptcy Option Is Best for Your Situation
The most frequent type of bankruptcy protection is Chapter 7, which is available to all businesses as well as most individuals and couples. You may be able to get rid of most of your debt after finishing this program. Although the procedure might be complicated, a Bankruptcy Lawyer Chapter 7 in Colton CA can provide you with the assistance you require.
Your attorney can help you decide if Chapter 7 or 13 is the best option for you. The best course of action is to call [company] at (909) 552-1238. We can begin with a consultation in which you will learn about your alternatives, we will discuss our recommendations, and we will determine how to proceed.
The many benefits of seeking bankruptcy protection with the help of a Bankruptcy Lawyer Chapter 7 in Colton CA
Filing a request for bankruptcy protection comes with two main benefits. First, any application for bankruptcy relief that is valid on its face will trigger an automatic stay. According to 11 United States Code § 362, this stay puts an immediate halt to all collection efforts. Additionally, the court will send out a notice to all creditors that any future attempt to collect on these debts is invalid.
The second benefit is the discharge of most forms of debt. With rare exceptions such as student loans back taxes, a successful bankruptcy case handled by a Bankruptcy Lawyer Chapter 7 in Colton CA can see a total discharge of debts. This can provide individuals, couples, and companies with a fresh financial start. Those considering bankruptcy should speak with a seasoned lawyer about the advantages of this process.
Reach out to a Bankruptcy Lawyer Chapter 7 in Colton CA today
Filing for bankruptcy protection can be a powerful tool for individuals, couples, and businesses to escape from overwhelming debt. However, obtaining this protection requires a detailed understanding of the various bankruptcy plans and a comprehensive list of financial data.
Let a Bankruptcy Lawyer Chapter 7 in Colton CA take the lead in this process. We could help you identify your goals and formulate a plan that can lead to immediate financial relief and long-term stability. Contact our team today (909) 552-1238 to get started.