It’s Possible You Don’t Know as Much About Filing Bankruptcy as You Think: A Bankruptcy Lawyer Near Me in San Dimas
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 San Dimas 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 Near Me in San Dimas 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 Near Me in San Dimas CA could assist applicants in obtaining the information required to file a bankruptcy petition.
Contact a Bankruptcy Lawyer Near Me in San Dimas CA today
Individuals, couples, and corporations can use bankruptcy to get out of debt by filing for bankruptcy protection. Obtaining this protection, however, necessitates a thorough comprehension of the different bankruptcy plans as well as a complete list of financial information.
Allow a Bankruptcy Lawyer Near Me in San Dimas CA to handle this for you. We may be able to assist you in identifying your objectives and developing a strategy that will provide you with immediate financial relief as well as long-term stability. To get started, contact Law Offices of Terrence Fantauzzi now at (909) 552-1238.