File Bankruptcy in Citrus Heights
If you need to file chapter 7 or chapter 13 bankruptcy call our attorney at (916) 596-1018. Our lawyer can stop collection calls, wage garnishment, and foreclosure. If you are facing foreclosure our attorney can file an emergency chapter 13 bankruptcy petition and save your home. If you need to eliminate debt or stop a wage garnishment our lawyer can represent you in chapter 7 bankruptcy.
Chapter 7 Bankruptcy
Many people qualify for chapter 7 bankruptcy relief. To be eligible for chapter 7 bankruptcy your household income must fall below the state median for a household of your size. Our bankruptcy lawyer can determine whether you will pass this test and qualify for chapter 7 bankruptcy. If you do qualify for chapter 7 bankruptcy our lawyer will determine whether you have any nondischargeable debts. Nondischargeable debts are debts that you cannot get rid of in chapter 7 bankruptcy. For instance, debts incurred by fraud or certain tax debts cannot be eliminated in bankruptcy. If the majority of your debts are nondischargeable, chapter 7 bankruptcy may not be your best option for debt relief. To find out if your debts are nondischargeable, or if chapter 7 bankruptcy will be an effective tool for debt relief call our office and schedule a free consultation.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is different than chapter 7 bankruptcy. In chapter 13 bankruptcy you get to keep your property, but rather than receiving a fast discharge of your unsecured debts you will have to repay all or a portion of your debts over 3 to 5 years. Why would anyone want to do that? If you do not qualify for chapter 7 bankruptcy you will have no other option than to file chapter 13 bankruptcy. Another reason is that you can eliminate an underwater second mortgage in chapter 13 bankruptcy, or get clean title to your car after paying off its fair market value through your chapter 13 plan. In short, chapter 13 bankruptcy has some advantages for certain people.
Stop Wage Garnishment & Foreclosure
Bankruptcy can stop wage garnishment, foreclosure, repossession, lawsuits, and other collection actions. When your attorney files a bankruptcy petition in the Eastern District of California the automatic stay prevents creditors from continuing or initiating collection actions. In practical terms, when you file bankruptcy creditors are obligated by federal law to cease wage garnishment, foreclosure, and any other collection actions not identified in 11 USC 362(b).
You can stop an impending foreclosure sale or current wage garnishment today by filing an emergency bankruptcy petition. Your attorney can draft a 3 page bankruptcy petition and electronically file that document to start your bankruptcy and initiate the automatic stay. Once your bankruptcy petition is filed the attorney will send a fax notifying the creditor of your bankruptcy. Afterwards, any creditor with notice of your bankruptcy filing may be in willful violation of the automatic stay by starting or continuing a collection action.