Stockton Bankruptcy Step-by-Step
Sacramento Law Group makes filing chapter 7 bankruptcy in Stockton fast, convenient and affordable. If you need to file bankruptcy immediately to stop wage garnishment, foreclosure or repossession our attorney can file your emergency petition today. To expedite your bankruptcy our attorney on stocktonbankruptcy.us offers free consultations by phone. You can sign the chapter 7 representation agreement electronically to move things along or meet in our office to sign a paper copy. Our flat fees make bankruptcy affordable and our prices are often lower than other firms. In brief, our streamlined bankruptcy process allows us to charge less than other firms while maintaining the high-quality you would expect of a downtown law office. To learn what your bankruptcy will cost call our office at 916-596-1018 and schedule your free phone consultation.
How To Start Your Chapter 7 Bankruptcy
Before you can file chapter 7 bankruptcy in the Eastern District of California you should receive a free consultation with a Stockton bankruptcy lawyer. Before your consultation make a list of the questions you would like answered. If you have ordered a free credit report bring it with you to the consultation. To help clients stay organized and get the most out of their consultation we have new clients fill out an online intake form. The intake form helps you categorize debts and receive helpful advice. At the conclusion of the consultation you will receive a quote from the bankruptcy attorney for representing you in chapter 7 bankruptcy. This quote may or may not include the $306 chapter 7 filing fee, 3-source credit report and credit counseling courses.
Do You Qualify For Chapter 7 Bankruptcy
Always speak with an attorney before filing chapter 7 bankruptcy. Many people do not qualify for chapter 7 bankruptcy and must file chapter 13 bankruptcy. In essence, to qualify for chapter 7 bankruptcy you must either have low income relative to your household size or pass the means test. In so many words, if your annualized household income as determined by your average gross income over the past 6 months is less than the California median for a household of your size you may qualify for chapter 7 bankruptcy. However, if your annualized household income is higher than the state median you will have to pass the means test to file chapter 7 bankruptcy. The means test is a complicated calculation that requires proof of your income over the past 6 months and certain allowed expense deductions. With this information in mind, consult with an attorney before you file chapter 7 bankruptcy to make sure that you qualify before you file.
What Debts Can You Discharge in Chapter 7 Bankruptcy?
Most unsecured debts can be eliminated in chapter 7 bankruptcy. Credit cards, medical bills, and payday loans are all dischargeable in chapter 7 bankruptcy. However, recent tax debts, student loans, and child support obligations are usually nondischargeable. Furthermore, fraudulently incurred debts are nondiscahrgeable. In essence, some categories of debts cannot be discharged in chapter 7 bankruptcy like recent taxes and child support obligations while other actions can deny your discharge in bankruptcy.
Stop Wage Garnishment by Filing Bankruptcy
Bankruptcy can protect you from wage garnishment. Whether you are currently facing a wage garnishment or a lawsuit that may result in wage garnishment, bankruptcy can protect your wages and eliminate the underlying debt. When you file bankruptcy in Stockton the automatic stay in bankruptcy obligates your creditor to immediately cease the wage garnishment. When you retain our bankruptcy lawyer to file an emergency bankruptcy petition to stop wage garnishment our lawyer will contact the creditor and levying officer to put both parties on notice of the automatic stay.
Stop Foreclosure by Filing Bankruptcy
You can stop Stockton foreclosure by filing for chapter 13 bankruptcy. Our bankruptcy lawyer can prevent the Trustee’s sale from taking place by filing your chapter 13 bankruptcy petition with the appropriate bankruptcy court. In chapter 13 bankruptcy you can repay your late mortgage payments over three to five years and keep your home after bankruptcy. To qualify for chapter 13 bankruptcy you must meet certain debt limits and have adequate income to satisfy a repayment plan. To learn how you can stop foreclosure through chapter 13 bankruptcy contact our office at (916) 596-1018.