You Might Not Know as Much About Bankruptcy as You Think: A Bankruptcy Attorney Chapter 13 in Fontana CA Can Help
You may be worried that going through bankruptcy will require the sale of all your assets. Though Chapter 7 bankruptcy does require the sale of some assets, Chapter 13 presents a less harsh alternative. In this program, you may seek debt relief while making regular payments according to a court-approved plan.
To learn more about the options and how you can move forward, contact a Bankruptcy Attorney Chapter 13 in Fontana CA. At Law Offices of Terrence Fantauzzi we can help you determine if this option is right for you. If so, a dedicated attorney could help you gather the necessary documentation and oversee the debt relief process. Call us now at (909) 552-1238 to get started.
The basics of starting a debt relief petition with the help of a Bankruptcy Attorney Chapter 13 in Fontana CA
Filing a petition for bankruptcy protection can have an immediate and powerful effect. However, this protection is only possible if the filing party follows the legal guidelines for submitting a comprehensive application. All parties, regardless of their status as an individual, couple, or company, must submit detailed financial data to the court. According to 11 United States Code § 521, this will include:
- A list of creditors and the amount owed to each entity
- A list of assets
- An income statement
- A list of current liabilities
Individuals and couples seeking protection must take an additional step. This involves completing an approved credit counseling course. These take place online over two sessions and teach people about the process and how to avoid debt in the future.
Those who complete the course will receive a certificate of completion, which must accompany any request for bankruptcy protection. A seasoned Bankruptcy Attorney Chapter 13 in Fontana CA could help petitioners to obtain the information needed to submit an application for bankruptcy.
We can go to work for you as soon as you call a Bankruptcy Attorney Chapter 13 in Fontana CA
One of the most significant benefits of contacting a Bankruptcy Attorney Chapter 13 in Fontana CA today, rather than waiting weeks or months, is that your creditors are obligated by law to cease all efforts to collect debt from you as soon as you file. Bankruptcy can put an end to the calls, mailings, and harassment right away.
It’s also true that the sooner you seek assistance from an expert attorney, the sooner you can be assured that there is a solution and a route out of your present financial difficulties. This does not have to be your lifestyle. Contact Law Offices of Terrence Fantauzzi immediately at (909) 552-1238 for a free consultation to ensure you are aware of all the choices open to you.