Chapter 7 Bankruptcy Lawyers — Los Angeles
Gumm & Green, LLP in Westlake Village, California, works closely with clients to help resolve financial distress through Bankruptcy filing. The individuals we serve come from different backgrounds and economic levels, but they have one thing in common: the need to address significant debt.
Contact us today to schedule a free initial consultation.
Chapter 7
Chapter 7 Bankruptcy filing results in the discharge of your unsecured debt. Certain debt cannot be discharged. The best way to determine whether you qualify for Chapter 7 filing and what debt can be discharged is to discuss your financial situation with our attorneys. Utilizing the means test, we can quickly help you make this important determination.
Chapter 13
Chapter 13 Bankruptcy filing involves a reorganization of your secured debt into manageable payments. Your unsecured debt may be paid in full or in part depending on your debt to income ratio. The repayment schedule is usually set between 3 and 5 years.
The Automatic Stay – Temporary Protection
When you file for Bankruptcy, an automatic stay is set in motion. This puts a stop to foreclosure, car repossession, and wage garnishment. The automatic stay also prevents creditors from harassing you with phone calls and e-mails. While these measures are temporary and you are still responsible for addressing house and car payments, it does give you breathing room – a chance to take the steps necessary to obtain a fresh start.
Our aggressive, dynamic approach to Bankruptcy law, and our 25 years of combined experience have worked well for our clients. Find out what we can do for you. Contact Gumm & Green, LLP today and schedule a free initial consultation to discuss filing for Chapter 7 or Chapter 13 Bankruptcy. Call 818-707-4233.
