California residents that have found themselves struggling to make ends meet and are having a difficult time repaying their financial commitments should consider filing for bankruptcy with Price Law Group. Filing for bankruptcy can be stressful as your living situation is already difficult if you are living paycheck to paycheck. Let us review your financial situation with you one on one to best determine the course of action given your needs. Call Price Law Group today and speak with our California bankruptcy attorneys at 866-210-1722.
We work with all applicants and can help California residents file for either Chapter 7 bankruptcy or Chapter 13 bankruptcy. Both types of bankruptcies have requirements and we can help determine which one you are eligible for and which one is best for your financial situation.
Chapter 7 bankruptcy, otherwise known as ‘liquidation’ or ‘straight bankruptcy’ is a form of protection from creditors and relief from many of the debts that have contributed to your overall financial hardship. There are several factors for determining whether or not you qualify for Chapter 7 bankruptcy and we can figure out if you do.
Chapter 13 bankruptcy is often referred to as “wage earners bankruptcy” and gives the person filing for Chapter 13 bankruptcy a chance at a new start but does come with a requirement to pay back some of their outstanding debts. In Chapter 13 bankruptcy, all of your unsecured debts are combined into one category and a payment plan is developed based on your disposable income.
Work with Price Law Group today by giving us a call to discuss your financial needs with our licensed attorneys in California.