Los Angeles Bankruptcy Attorneys For Chapter 7 and Chapter 13 Bankruptcy

Los Angeles residents looking to start fresh in their financial life by filing for bankruptcy to wipe out many of their outstanding debts rely on Price Law Group and our experienced Chapter 7 and Chapter 13 bankruptcy attorneys. Call Price Law Group today to start your Los Angeles Bankruptcy consultation with our experienced Chapter 7 and Chapter 13 bankruptcy attorneys.

For most California residents in Los Angeles, there are two types of bankruptcies that you can apply for: Chapter 7 Bankruptcy and Chapter 13 Bankruptcy, and we will review your financial situation and work with you to determine which type of bankruptcy is right for your situation.

In Chapter 7 bankruptcy in Los Angeles, filers will get immediate protection from the creditors that are harassing them. In Chapter 7 bankruptcy, you are not placed on a repayment plan but you must qualify for this type of bankruptcy. The main qualification for Chapter 7 is that you make less than the median income in your specific area. If you don’t make less than the median income, there are still ways to get qualified for Chapter 7 bankruptcy and we will help determine if you are eligible for Chapter 7.

In Chapter 13 bankruptcy, you are placed on a repayment plan that spans the course of 3 to 5 years in which you will repay back the debts that you owe monies on based on your financial situation. All of your unsecured debts will be organized into one group with the majority of your income going towards paying those debts. However, monies will be set aside for you to pay mandatory living expenses such as rent, a car payment, a house payment, utilities, etc.

Price Law Group has bankruptcy attorneys throughout the state of California and are here to help you take control of your financial future. Let us review your specific financial situation and help determine the right course of action, whether it be Chapter 7 or Chapter 13 bankruptcy in Los Angeles.

For more information call us at 866-210-1722 or fill out the form below.

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Price Law Group - Bankruptcy Attorney
Call Toll Free: 866.210.1722