San Jose Bankruptcy
We understand that you don’t have a lot of money to pay a bankruptcy attorney, and we believe that legal fees shouldn’t prevent you from achieving a debt free tomorrow. To help make bankruptcy more affordable for San Jose residents we have implemented a streamlined bankruptcy process. To begin, call Sacramento Law Group at (916) 596-1018 and schedule your free phone consultation. Before the consultation you will fill out an intake form on our website and sign an electronic free consultation agreement. The intake form will help the bankruptcy attorney identify any problems in your case and review important information in an organized fashion. In completing the intake form you can write down any questions you need answered during the consultation. After your free phone consultation the attorney will quote a flat fee for representing you in chapter 7 or chapter 13 bankruptcy. If you would like to move forward you will sign an electronic representation agreement and get started on some paperwork. From there our attorney will gather your documents and draft your chapter 7 bankruptcy petition or chapter 13 repayment plan.
Our Attorney Makes Bankruptcy Easy
Bankruptcy is stressful. You must report all assets and debts and relinquish control of your property to the bankruptcy estate. If you have an asset chapter 7 bankruptcy some property may be sold by the Trustee, and if you file chapter 13 bankruptcy you must make monthly payments equal to your disposable income for 3 to 5 years. During this stressful process you need an attorney who simplifies bankruptcy and shoulders the majority of the work. At Sacramento Law Group our bankruptcy lawyer simplifies the pre-filing process. Once you hire the firm you will receive a bankruptcy workbook in hardcopy or as a savable PDF document. By completing this workbook you will give the attorney the information he needs to draft your bankruptcy schedules, statement of financial affairs, statement of intention, and voluntary petition.
A Low Cost Approach To Bankruptcy
We have tailored our approach to bankruptcy representation to reduce costs and save our clients money. Our flat fees are easy to understand and accurately reflect the total cost of bankruptcy. Before signing your representation agreement you will understand whether your flat fee includes the filing fee. Once you understand the total cost of your chapter 7 or chapter 13 bankruptcy you can sign a representation agreement and move forward with filing. To review how much bankruptcy attorneys cost read sacramentobankruptcylawyer.us/how-much-cost. On the other hand, if you need an affordable bankruptcy attorney today call our office right away.
our low cost approach to bankruptcy means that much of your communication with the attorney will take place by phone or email. In fact, most of our clients don’t need to meet in our office; we can handle all of your pre-filing work by phone, email and regular mail. The only time you will have to make a physical appearance with our attorney will be at the meeting of creditors, otherwise known as the 341 meeting. Apart from that appearance after filing you will speak with our attorney by phone and return your signed petition by regular mail. This streamlined process for handling documents allows us to offer flat, competitive bankruptcy fees to all clients.
Stop Foreclosure and Wage Garnishment
Bankruptcy is the best way to stop foreclosure and save your home or protect your paycheck from wage garnishment. Unlike filing a claim of exemption in wage garnishment or extending the sale date in nonjudicial foreclosure, bankruptcy is a permanent solution. In bankruptcy you can eliminate the debt supporting the wage garnishment or cure late mortgage payments and bring your home out of default.
How Bankruptcy Stops Wage Garnishment
When your San Jose bankruptcy lawyer files your chapter 7 or chapter 13 petition the automatic stay in bankruptcy arises. Under 11 USC 362(a) most collection actions must stop once a bankruptcy petition has been filed with the appropriate court. In essence, an injunction against collection actions automatically arises upon the filing of a bankruptcy petition. This legal mechanism protects the debtor’s assets and forces creditors to participate in the bankruptcy system. As applied to wage garnishment, once your bankruptcy petition has been electronically filed the garnishment must cease. For example, if your bankruptcy attorney files the petition on Thursday your wages for Friday will not be garnished. This obligation upon the creditor to cease collection actions is an operation of Federal law and one of the most powerful tools in bankruptcy.
How Bankruptcy Can Save Your Home From Foreclosure
The automatic stay also prevents the continuation of foreclosure or execution of the scheduled Trustee’s sale. However, whether you can keep home in the long term will depend upon whether you file chapter 7 or chapter 13 bankruptcy. In chapter 7 bankruptcy the automatic stay will stop the foreclosure process for a while, but the lender’s lien on your home will survive the bankruptcy and eventually the lender will be able to continue with the foreclosure process since you will be in default on the loan. However, in chapter 13 bankruptcy you can repay the late mortgage payments through the chapter 13 plan and thereby bring yourself out of default. Once the repayment plan has been completed and all the late mortgage payments repaid you will no longer be in default and the lender will have no cause to initiate foreclosure. Hence, chapter 13 bankruptcy can save your San Jose home from foreclosure.