It’s Possible You Don’t Know as Much About Filing Bankruptcy as You Think: A Bankruptcy Lawyer in Upland
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 in Upland 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.
You are not alone when choosing the most appropriate debt relief program – your bankruptcy lawyer in Upland CA can help
While all bankruptcy plans have the same two fundamental objectives, the methods for attaining these objectives may vary greatly. Individuals and couples can take one of two ways. Some assets may be liquidated as a result of a Chapter 7 filing to pay creditors. This will be overseen by a court-appointed trustee. A Chapter 13 plan, on the other hand, will put debtors on a payment schedule and allow them to select how they will receive the cash to make those payments.
Companies can also file for Chapter 7 bankruptcy to get out of debt. A Upland CA bankruptcy lawyer could assist debtors in comprehending the subtleties of each sort of bankruptcy.
Allow a bankruptcy lawyer in Upland CA to assist you
The bankruptcy procedure can provide you with both immediate and long-term financial relief. However, this is a time-consuming procedure that necessitates a great deal of effort and attention to detail.
During this difficult moment in your life, bankruptcy lawyer in Upland CA may be able to help. Our firm might assist you in gathering important papers and filing a detailed bankruptcy petition on your behalf with the bankruptcy court. To schedule a consultation, please contact our office now by calling Law Offices of Terrence Fantauzzi directly at (909) 552-1238.