Bankruptcy attorney Arcadia

 

It can be hard to decide to file for bankruptcy, but it can also be a good idea. For example, in Arcadia, California, you can get a new start with the help of a very good bankruptcy lawyer.

In the past, you had to live in fear of debt collectors, home foreclosure, income garnishments, and court judgments. You no longer have to live in fear.

"Hedtke Law Group" might be able to help those who need debt help. With our help, you can start the process of taking back control of your life and setting up a new financial future.

After focusing on bankruptcy law for a long time, we can give you the best advice and help you through the bankruptcy process. Our law firm specializes in helping honest, hard-working people who find themselves in a bad situation because of bad luck or bad money.

If I can't pay my debts, I might have to file for bankruptcy.

It's not always the best way to deal with debt for everyone. Likewise, bankruptcy is not the only way. Each situation is different, so an expert bankruptcy lawyer can help you look at your finances and figure out which options are best for you.

Can I do it on my own?

To file for bankruptcy, you don't need to hire a lawyer. On the other hand, Bankruptcy law is very complicated and always changing. If you want to learn about your options and how to best prepare for court, you should work with a bankruptcy lawyer who has a lot of experience.

No matter what kind of bankruptcy you file, you'll have to go through credit counseling as part of the process. When you finish your training, your legal documents will be ready. Neil will file your bankruptcy petition and start the formal legal process when you finish credit counseling.

This is the seventh chapter of the book.

The Trustee's office calls you 30 days after you file chapter 7. Then, they'll set up a time for you to come in. People who owe money can ask any questions they have at this point. First, the Trustee will look at your case to see if any non-exempt assets could be used to pay off your debts. Then, you need to take a financial management class. Then, 60 days after debt discharge, creditors can try to fight them. When you're done, you will get your final Notice of Discharge in about six to eight weeks if there isn't any objection.

One Hundred and Thirteen

After completing Chapter 13 bankruptcy counseling, you must file a Statement of Financial Affairs and Plan, which lays out how you will pay back your debts over a three-year to five-year period. The IRS says that all extra money should be used to pay off debt. There is a way to get rid of some debt, but not all can be restructured. Neil can help you figure out which loans fall into which category and develop a repayment plan that will help you reach your financial goals. Creditors can speak up during the Plan Confirmation Hearing to say that they don't like any parts of the plan. In 30 days, you have to start paying. If you don't keep your end of the deal, you risk having the deal thrown out. You must take a financial management class before asking for your final discharge from the Trustee.

During your free consultation, one of our Bankruptcy Lawyers will look at your finances, answer any questions you have, and develop a unique plan for your situation. Our law firm can handle both Chapter 7 and Chapter 13 bankruptcies for our clients.

Debtors can't be harassed or have their property taken away in both types of bankruptcy. So now that our law firm is on your side, you can get back to living your life without worrying about creditors harassing you.

The "Hedtke Law Group" is a law firm that helps people with legal issues, from filing to breaking up. It will be easy for the Trustee in charge of your case to contact us if they have questions or concerns. As a team, we want to get rid of as many of your debts as possible while letting you keep as much of your money as possible.

In Arcadia, CA, a bankruptcy lawyer can help:

Making sure your most important things, like your home and car, are safe is one of the main benefits of Chapter 7 and 13 bankruptcy. At the same time, it can help you keep from having trouble getting money in the future if you get into debt again.

People who work with short sales and foreclosures can also help you get a lower monthly payment on your loan.

Bankruptcy has many benefits.

Make sure you think about bankruptcy before you put your trust in a debt relief program that may or may not help you pay off all your bills. When the FTC says that debt relief has a bad connotation, it makes that connotation even worse. Many people are afraid of what other people will think if they use this powerful way to get out of debt.

Making sacrifices to avoid bankruptcy is sometimes the only way to avoid it. It's not like debt relief schemes have built-in safety for people who owe money. As soon as the bankruptcy petition is filed, these protections work for the debtor. In addition to the automatic stay on all collection activities, such as repossession and foreclosure, all unsecured creditors must participate in the bankruptcy process. Your bankruptcy lawyer will deal with any problems with collecting money from them.

Most debts will be forgiven at the end of the bankruptcy. • Debt counseling to help avoid budgeting problems in the future.

Even if bankruptcy shows up on your credit report for 7 to 10 years, making regular debt payments and then getting a discharge can help improve other things that hurt your credit score. Many people who file Chapter 7 bankruptcies end up with a better credit score when the process is over.

The best way to get debt collectors to stop harassing you is to hire an expert bankruptcy lawyer. It doesn't matter, even if you don't have to file for bankruptcy. It is common for creditors to be more willing to work out a better deal on your debt if they know that you are thinking about filing for bankruptcy, but this is not always the case. Before you file for bankruptcy, your lawyer can help you work out payment plans with secured creditors and settle debts that would otherwise be impossible to pay.