Valley Bankruptcy

Attorneys for Californians Struggling with their Debt

When you are financially burdened by a large debt, it can be scary and overwhelming. Without any professional help, your debt problems can increase exponentially until they reach a point where you are unable to regain control. With debt collectors calling, bills pilling up, and worries about your financial future, you might be wondering if bankruptcy could be the answer for you. At SM Law Group, we have helped many Californians gain control of their financial situation through the bankruptcy process. Whether you wish to reorganize your debt or seek a discharge of your debt, our San Fernando Valley Bankruptcy lawyers can help you move forward.

Different Types of Personal Bankruptcy

There are two primary types of bankruptcy actions for individuals in the State of California. The main two types are: Chapter 7 and Chapter 13. When you speak with one of our experienced California bankruptcy lawyers at SM Law Group, we will help you evaluate your situation to determine which type of bankruptcy would work best in your situation.- Chapter 7: Chapter 7 bankruptcy in California is utilized to eliminate many different forms of debt, including credit card debt, personal loan debt, and other types of debt.- Chapter 13: Chapter 13 bankruptcy in California allows an individual who does have income to keep some of their property and assets while restructuring their debt. This type often works well for individuals who wish to keep their home.
The type of bankruptcy that will work for you and your family will depend on many different factors, including whether you qualify for each type of debt relief, how much income you have coming in, how much and what type of debt you have, and whether you are interested in keeping your home or other property. Speaking with an attorney is the best way to learn if either of these types of bankruptcy can be useful in your specific situation.

How a San Fernando Valley Bankruptcy Lawyer Can Help

Financial hardship is a difficult time for everyone involved. At SM Law Group, we understand what you are going through. We know that you are trying your best to keep it all together, but you have reached a point where you are overwhelmed with the constant harassment from collections agencies and you want to see what legal rights you have. Hiring a San Fernando Valley bankruptcy lawyer will alleviate a lot of the stress that comes with financial hardship. Once you have legal representation, the creditor phone calls will stop, any lawsuit for repossession will stop, any wage garnishment will stop, and any foreclosure action can be stayed. SM Law Group will negotiate a reduction in your debts while working to help you keep as much of your possessions as possible under the bankruptcy code. If you are wondering whether bankruptcy might be the answer for you, don’t delay a single day longer. Call SM Law Group today so that we can help get you on the road to financial independence.

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