California Consumers and Businesses Financially Impacted by COVID-19 Can File For Bankruptcy with Price Law Group

Consumers and businesses in California that have found themselves in a financial hardship and struggling financially as a result of COVID-19 can file for Chapter 7 or Chapter 13 bankruptcy with Price Law Group. This horrible virus has spread across the nation, leaving many in financial ruins. With millions of Americans getting laid off from work, placed on indefinite unpaid leave, or being fired from their jobs, bankruptcy can be the only real solution to your financial struggle. Let us review your financial situation today and help you figure out if Chapter 7 or Chapter 13 bankruptcy is right for you.

With many Americans living paycheck to paycheck as it is, the additional financial stress that COVID-19 has caused may have made it so you are unable to meet your financial obligations. Managing your debt along with collection calls, mandatory living expenses and other financial obligations can make it so individuals don’t know where to turn or where to start to get out of the financial hole that they are in.

When it comes to starting the process for filing for bankruptcy, we are here to help. At Price Law Group, we know and understand the situation you are in and since 1991, we have helped California consumers and businesses apply for and file for Chapter 7 and Chapter 13 bankruptcy.

In Chapter 7 bankruptcy, you can get the immediate relief that you need from your outstanding debts without a repayment, but you must qualify for this type of bankruptcy. In Chapter 13 bankruptcy, all of your debts are organized into one repayment plan with that repayment spread over 3-5 years. The majority of your income is used to pay off this outstanding balance, while still leaving money aside for other mandatory financial expenses.

Get in touch with Price Law Group today to discuss your financial needs and file for bankruptcy in California. While bankruptcy isn’t for everyone, it can be the right solution to your financial struggle as a result of mounting financial obligations and the economic fallout from COVID-19.