Los Angeles Bankruptcy Attorney Live Chat Software
Los Angeles Bankruptcy Lawyer Make Payment Here Search
866-210-1722 BBB
Speak with an attorney now Success Stories News & Events
Tell us your story
What Debts Are You Struggling With?
(Check all that apply)
Job Loss
Please Estimate Your Total Unsecured Debt: (Do Not Include your Mortgage, Auto
Loans, or Student Loans)
Total Debt $:
(250 Max Characters)

How Did You Hear About
Price Law Group?
Call Today 866-210-1722 Google Plus Pinterest

Seeking Chapter 7 Bankruptcy

Are you in financial trouble?

If you are having trouble making your payments on time or at all, if you are dealing with nasty phone calls and letters from creditors, and your home or vehicle are in danger of repossession, you are likely feeling overwhelmed and at a loss as to what to do next. Lawyers at the Price Law Group have 20 years of experience in bankruptcy law and they urge you to contact an experienced lawyer at our firm as soon as possible. During a free initial consultation an attorney will review your financial situation and provide sound advice about whether filing for a Chapter 7 bankruptcy or considering another type of debt relief is the best option for you. Our firm can address your personal situation and will determine the best solution to get financial life back on track.

Understanding the Basics of Chapter 7

Chapter 7 bankruptcy, known as "liquidation" or "straight bankruptcy", provides individuals with protection from creditors, such as in repossessions or wage garnishment matters, and quickly discharges most of their debt. Under a Chapter 7 bankruptcy, some of your assets will be protected under bankruptcy exemptions laws; although you can expect that you will not be able to discharge child support, student loans and most tax debt.

The Means Test

Qualification for a Chapter 7 bankruptcy is based on the results of a means test. If you have made less money in the past 6 months than the median income level in your area, you will qualify. If you have made more money, you may still be eligible after completing the entire means test to determine how much disposable income you have. The means test is a legal requirement in filing for bankruptcy, and one of the more difficult parts of the process, and the firm can assist you to complete it correctly.

The means test and the whole of the bankruptcy process are very complicated and attorneys at the firm do not recommend attempting to complete the requirements on your own. Let the firm's attorneys, with many more years of experience than the typical bankruptcy law firm, take the stress off of you and help you achieve all the advantages possible from your bankruptcy filing. They genuinely care about your future and look forward to helping you get a fresh financial start.

Debtor Courses
Credit Counseling & Debtor Education
Bankruptcy Exemptions
Bankruptcy FAQ
Myths About Bankruptcy
Chapter 13
Chapter 7
Creditor Abuse
Debt Settlement
Do I Qualify For Bankruptcy?
Fair Debt Collection Practices Act
Foreclosure Defense
How Can I Save My Home?
How Much Does Bankruptcy Cost?
Insurance Settlement
Short Sale Negotiation
Tax Resolution
The Bankruptcy Process
Wage Garnishment
What Is FDCPA?