Huntington Beach Bankruptcy Lawyer

Are you struggling with debt repayments, tangled finances and harassment from creditors? Then it’s time to consult our Huntington Beach bankruptcy lawyers, who will help you sort out your money matters. Click here for a FREE consultation with a bankruptcy lawyer.
              
If you choose to file for bankruptcy, our Huntington Beach bankruptcy lawyers will file your petition, compile your financial statements, make appearances at court hearings on your behalf and even deal with the creditors. You can leave it to our Huntington Beach bankruptcy lawyers to oversee any liquidation of your assets and guide you through all the repayments to be made to the creditors.

Chapter 7
If you have no source of income and are seeking discharge for most of your debts, you can consider filing for bankruptcy under Chapter 7. As per this chapter, a court trustee will take over your non-exempt property and repay your creditors after liquidating these assets. Although a large number of your unsecured debts may be discharged, some debts like the ones mentioned below should be repaid:

• Alimony
• Child support
• Taxes
• Fines and penalties for breaking the law
• Any debts not mentioned in your bankruptcy petition
• Personal injury claims
• Study loans

Chapter 13
You can file for bankruptcy under Chapter 13, if you have a regular and secure source of income and desire to repay your loans in a systematic manner. Corporations and partnerships cannot file for Chapter 13 bankruptcy.

While filing the petition, you must submit to the court:

1. a comprehensive list of all your debts, with details of the respective creditors,
2. a thorough compilation of your property and assets,
3. a summary of your day-to-day living expenses, and
4. a repayment plan for a period of three to five years.

The court will approve this plan, if there is no objection from any of the creditors, and appoint a trustee to oversee the repayment.

Bankruptcy laws have been revised from October 2005. Please contact our bankruptcy attorneys to get the latest update before you decide to file for bankruptcy.

Our attorneys also provide legal services in cities across California, like Los Angeles, San Francisco, San Diego, Long Beach and Hollywood.