Filing bankruptcy is difficult and stressful. Not only are there several different types, but they also have different rules for qualification and different procedures once filed. The Law Offices of Steven Brian Davis can offer expert advice about which type is best for you and help you through the confusing process.
Chapter 7 bankruptcy, for instance, is designed to liquidate your assets and give you a fresh start. It takes only about 3-4 months and provides immediate relief from the stress of creditors. Many people think they do not qualify for Chapter 7 bankruptcy because they make too much money, in fact, eligibility for Chapter 7 bankruptcy is based on a means test, which balances your income versus your expenses. There are several rules and exemptions, which makes many of the online calculators for this test unreliable. An experienced bankruptcy attorney in San Diego can make this process much easier.
Chapter 13 bankruptcy can take far longer (between 3-5 years!), but since the debtor is paying monthly payments to the court against the balance of debt, there are several advantages. If you are upside-down on your home mortgage or automobile loan, Chapter 13 bankruptcy provides several ways to strip second mortgages or “cram” automobile loans, bringing the balance of the loan to current market value of your car. Most importantly, Chapter 13 bankruptcy provides relief from creditors to a co-debtor (co-signer) such as a spouse or parent.
Whichever type of bankruptcy best fits your needs, there are plenty of pitfalls that an individual can find themselves in without the help of an attorney. Worse, there are several exemptions that a debtor might miss out on without the expert help of an attorney. California has some of the best bankruptcy exemptions in the United States, and an experienced San Diego County bankruptcy attorney can make all the difference in saving your assets. The Law Offices of Steven Brian Davis are conveniently located in Rancho Bernardo. Feel free to contact us for your consultation.
Is Bankruptcy Right for You?
The Law Offices of Steven Brian Davis enjoys more than 35 years practicing bankruptcy law in California. We know that issues involving your finances can be very emotional. We are sensitive to your situation and truly want to help put you in a better place financially. If you are experiencing stressful problems like:
- A large amount of credit card debt,
- Mounting medical bills,
- Endless phone calls and other types of creditor harassment,
- Potential foreclosure on your home, or a desire to modify a loan on your home or rental property;
- The possible repossession of the automobile you depend on for your job, or
- Garnishment of your wages,
then you need the help of an experienced bankruptcy attorney. Serving individuals in Rancho Bernardo, Steven Brian Davis can help you decide whether Chapter 7 or Chapter 13 bankruptcy is right for you. Take advantage of a free introductory consultation with attorney Steven Brian Davis — and learn what we can do for you. Call 858-451-1004 today.
Your Recovery Begins With a Meeting
During our introductory meeting, we will discuss your current situation, including your assets and income sources. While evaluating your debt, life circumstances and income, we take into account California state regulations, your creditors and future income possibilities. From there, we work with you to develop a plan that meets your needs.
Stop Creditor Harassment, Foreclosure and Repossession
Are you tired of the incessant calls to your home? Have you received collection calls at work? Are you sick of creditors harassing and intimidating you? If so, contact the Law Offices of Steven Brian Davis to learn more about how you can put an end to those belittling communications.
When you hire the Law Offices of Steven Brian Davis and file bankruptcy, an order will be issued mandating that your creditors cease contacting you. If any creditors call or attempt to harass you after you file, then you can refer them to your attorney, Steven Brian Davis. Mr. Davis will inform them that any additional attempts to collect from you may result in legal action against them. That is just one of the many benefits you will gain by letting us help you get a fresh start through bankruptcy.
Get On the Right Track
Contact us at 1-858-451-1004 to make an appointment for a free introductory consultation with a bankruptcy lawyer you can trust with your personal information. The Law Offices of Steven Brian Davis proudly serves Rancho Bernardo and surrounding areas.