You’re in a Tough Spot, But a Bankruptcy Attorney In Glendora CA Can Help
There are few things that are more stressful than being in debt. Whether this debt is affecting your personal finances or threatening to bankrupt your organization, finding a sensible solution is critical. Working with a bankruptcy attorney in Glendora CA might help you protect yourself from mounting debt.
A bankruptcy case might provide several short- and long-term advantages. A attorney may be able to assist you in obtaining debt relief. A knowledgeable attorney might help you define your objectives, pick a bankruptcy strategy, and file a full and correct bankruptcy petition with the court. To get started right immediately, call Law Offices of Terrence Fantauzzi at (909) 552-1238.
The bankruptcy process – let your bankruptcy attorney in Glendora 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.
Today is the best time to speak with a bankruptcy attorney in Glendora 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 attorney in Glendora CA.