Helping You Get Back On The Right Financial Path
Struggling with unmanageable debt can lead to complications in many other areas of your life. The stress alone can make otherwise ordinary situations nearly impossible to bear, and many people experience issues with their jobs and personal relationships. Add to that the constant phone calls and letters demanding money that you don’t have, and you begin to wonder where everything went wrong.
The good news is that you can get relief from your debt and make a fresh financial start through consumer bankruptcy. There are specific steps that need to be taken in the process of filing for bankruptcy, and the assistance of an experienced attorney can help to ensure that the entire process goes smoothly. From our office in San Diego, the team at Contreras Law Firm represents California clients in all aspects of these cases.
Understanding Your Consumer Bankruptcy Options
The vast majority of consumer bankruptcy filings fall under Chapter 7 or Chapter 13.
Chapter 7 bankruptcy tends to be a good option for people who are dealing with large amounts of unsecured debt. Credit card debt, medical bills and other types of debt that is not backed by collateral is considered unsecured debt. Creditors are sometimes repaid through the liquidation of certain assets, but many debtors simply have their debts discharged without any loss of property.
Chapter 13 bankruptcy is often selected by people who have the ability to repay a portion of their debts through a court-approved repayment plan or persons who have fallen behind on their mortgage and simply want to catch up. Once the payment plan has been fulfilled through the Chapter 13 bankruptcy, the debts are discharged by the court regardless of whether the creditors have been fully repaid.
We will work with you to determine which solution would be the best fit for your needs, including whether bankruptcy makes sense for your situation at all. We will explain the available options and make sure that you have all the information you need before we embark on any course of action. If you decide to move forward with bankruptcy, we will be there with you at every step, from preparing your petition and submitting it to the court to representing you at any adversary proceedings and the ultimate discharge of your debts.
How Much Does it Cost to File for Bankruptcy?
You Are Not alone | Learn More About How Bankruptcy Can Help You
Contact our office in San Diego to discuss your debt relief needs with a lawyer. We conduct a free evaluation of your circumstances and give you our best recommendation about how to proceed. Call 619-908-1495 or send us an email to schedule an appointment.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.