A Bankruptcy Attorney Chapter 7 in Pomona 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 Attorney Chapter 7 in Pomona 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 basics of starting a debt relief petition with the help of a Bankruptcy Attorney Chapter 7 in Pomona 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 7 in Pomona CA could help petitioners to obtain the information needed to submit an application for bankruptcy.
Reach out to a Bankruptcy Attorney Chapter 7 in Pomona 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 Attorney Chapter 7 in Pomona 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.