Los Angeles Bankruptcy Lawyer

Trusted Bankruptcy Attorneys Serving California

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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. Our experienced bankruptcy lawyers in Los Angeles can provide sound legal guidance for matters involving Chapter 7 and Chapter 13 bankruptcy.

Contact Price Law Group to schedule a consultation. Se habla Español.

Types of Bankruptcy in California

For most California residents in Los Angeles, there are two types of bankruptcies that you can apply for:

  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Any Los Angeles bankruptcy attorney from our firm is ready to review your financial situation and work with you to determine which type of bankruptcy is right for your situation.

About Chapter 7 Bankruptcy

In Chapter 7, filers will get immediate protection from the creditors that are harassing them. In this strategy, 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. Our practiced Los Angeles bankruptcy lawyers can help determine if you are eligible for this option.

About Chapter 13 Bankruptcy

In Chapter 13, 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.

Call Price Law Group Today: (866) 210-1722

If you are in Los Angeles and are facing unsurmountable debt contact the Price Law Group. Our Los Angeles bankruptcy attorneys have years of experience and have helped many thoughtout the state. We can help you take control of your financial future. Let us review your financial situation and help determine the right course of action!

Our Los Angeles bankruptcy lawyers are ready to answer your questions. Call today!

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