It’s Possible You Don’t Know as Much About Filing Bankruptcy as You Think: A Bankruptcy Lawyer Near Me in Rialto
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 Near Me in Rialto 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.
The many benefits of seeking bankruptcy protection with the help of a Bankruptcy Lawyer Near Me in Rialto 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 Near Me in Rialto 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.
Today is the best time to speak with a Bankruptcy Lawyer Near Me in Rialto 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 Lawyer Near Me in Rialto CA.