It’s Possible You Don’t Know as Much About Filing Bankruptcy as You Think: A Bankruptcy Lawyer Chapter 7 in Ontario
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 Chapter 7 in Ontario 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.
Your Bankruptcy Lawyer Chapter 7 in Ontario CA can help you file a debt relief petition
Filing a bankruptcy petition can have an immediate and significant impact. This protection, however, is only available if the filing party satisfies the legal requirements for presenting a thorough application. Regardless of whether they are a person, a couple, or a corporation, all parties must provide thorough financial information to the court. This will include the following, according to 11 USC 521:
- A list of creditors, as well as the amount owing to each.
- A list of resources
- A profit and loss statement
- A list of current obligations
Individuals and couples who want to be protected must take an extra step. This entails taking a credit counseling course that has been authorized. These take place over two sessions online and educate individuals on the bankruptcy process as well as how to prevent debt in the future.
Those who finish the course will obtain a certificate of completion, which must be shown with any bankruptcy petition. A Bankruptcy Lawyer Chapter 7 in Ontario CA could assist applicants in obtaining the information required to file a bankruptcy petition.
The sooner you call a Bankruptcy Lawyer Chapter 7 in Ontario CA the sooner we can get to work for you
One of the biggest advantages of calling a Bankruptcy Lawyer Chapter 7 in Ontario 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.