Sherman Oaks California Chapter 7 and Chapter 13 Bankruptcy Attorneys
Sherman Oaks California residents rely on Price Law Group for professional
bankruptcy services for both Chapter 7 and Chapter 13 bankruptcy. When
you are living paycheck to paycheck it can be stressful, especially if
trying to make ends meet. Let us help you take control of your financial
situation; our experienced bankruptcy attorneys understand the situation
you are in and will help guide you through Chapter 7 or Chapter 13 bankruptcy
in Sherman Oaks California.
There are typically two options for residents in Sherman Oaks California
when it comes to wiping away many of their outstanding debts: Chapter
7 or Chapter 13 bankruptcy and we will help determine which type of bankruptcy
is right for your situation.
Chapter 7 bankruptcy in Sherman Oaks California may sometimes be referred
to as “liquidation” or “straight 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 Sherman Oaks California. There
is no repayment plan in this type of bankruptcy and you can get the immediate
relief you need against your outstanding debts.
Chapter 13 bankruptcy in Sherman Oaks 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. This repayment plan spans 3 to 5 years and is determined based
on your specific financial situation.
Start your Chapter 7 or Chapter 13 bankruptcy in Sherman Oaks California
with Price Law Group. Let us help you start fresh in your financial life
by helping you wipe away many of your outstanding debts. We will help
you determine which type of bankruptcy is right for your needs so give
us a call today.
For more information call us at 866-210-1722 or fill out the form below.