Carlsbad California Chapter 7 and Chapter 13 Bankruptcy Attorneys

Are you struggling financially and don’t know which way to turn? Is your mounting debt forcing you to live paycheck to paycheck, struggling to make ends meet? At Price Law Group, we understand your situation and want to help you take control of your financial future through bankruptcy. Bankruptcy can be the right solution for many when they don’t have any other options.

In Carlsbad, residents typically have two options that are most likely suitable for their financial situation: Chapter 7 and Chapter 13 bankruptcy. We will help you determine which bankruptcy is right for your financial situation.

Chapter 7 bankruptcy in Carlsbad California may sometimes be referred to as “liquidation” or “straight bankruptcy”. In this type of bankruptcy, you will be able to get immediate relief on your outstanding debts and will not be placed on a repayment plan. However, in Chapter 7 bankruptcy, you must qualify for this type of bankruptcy with the main qualification being that you earn less than the median income in your specific area. If you make the median income, or more than the median income, you may still qualify for Chapter 7 bankruptcy in Carlsbad.

Chapter 13 bankruptcy in Carlsbad California, which is also referred to as “wage-earners” bankruptcy allocates the majority of your income, less any monies set aside for mandatory payments such as car payment, house payment or rent, utilities, and other living expenses, towards paying off your unsecured debts which will be organized into one group.

Start your road to a brighter financial future by declaring bankruptcy in Carlsbad California. Price Law Group has licensed bankruptcy attorneys across the state and look forward to helping you start fresh in your financial life.
For more information call us at 866-210-1722 or fill out the form below.

Contact Us Today

Price Law Group - Bankruptcy Attorney
Call Toll Free: 866.210.1722