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 in California with Price Law Group. Sometimes, given your financial situation, filing for bankruptcy is the best outcome and can help you take charge of your financial future. Let us review your specific 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.
While each person’s financial situation is different, you may be eligible for Chapter 7 or Chapter 13 bankruptcy in California. Chapter 7 bankruptcy, also known as “liquidation” or “straight bankruptcy” takes into consideration your disposable income less monies reserved for rent, utilities, and money owed on items not in the bankruptcy. If you make less than the median income in the area, you are eligible for Chapter 7 bankruptcy, if you make more than the median income in your area, your disposable income is based on a repayment plan over 5 years to see if you have less than $10,000 that you could use to pay back creditors and other debts.
In Chapter 13 bankruptcy, otherwise known as “wage-earners bankruptcy” , the person filing is provided with a way to achieve a new start, but is required to pay back some of their outstanding debts. Under the terms of Chapter 13 bankruptcy your unsecured debts are combined into one category and a payment plan is developed based on calculations of your disposable income. You will still have enough of your income to pay your living expenses, such as house payment, car payment and utility bills, but the largest part of your income above those expenses will be used to pay off your unsecured creditors over a 3 to 5 year period.
Rely on our professional California bankruptcy attorneys when you need to file for Chapter 7 or Chapter 13 bankruptcy in California. Getting the debt relief you need does not need to be complicated or stressful. Schedule your financial review with us by calling Price Law Group at 866-210-1722.
Nevada Bankruptcy Attorneys at Price Law Group Specialize in COVID-19 Related Filings for Consumers and Businesses
Released On: 5/5/2020
Views: 11064
Price Law Group Bankruptcy Attorneys Assist with Arizona Bankruptcy Filings Due To COVID-19
Released On: 5/5/2020
Views: 11017
File For Chapter 7 or Chapter 13 Bankruptcy in Texas Due to COVID-19 with Price Law Group
Released On: 5/5/2020
Views: 10938
Call Price Law Group Bankruptcy Attorneys For COVID-19 Related Bankruptcy Filings in California
Released On: 5/5/2020
Views: 10630
Price Law Group Assists Consumers and Businesses File For Bankruptcy Due To Covid-19 in California, Texas, Arizona, and Nevada
Released On: 5/5/2020
Views: 10798
Consumers and Businesses Suffering Financial Hardship Due To COVID-19 - Price Law Group Can Help
Released On: 5/5/2020
Views: 11015
Start Your Chapter 13 Bankruptcy In Las Vegas Nevada With Price Law Group Today And Get The Financial Relief That You Need
Released On: 2/15/2018
Views: 13302
Las Vegas Nevada Chapter 7 Bankruptcy Attorneys At Price Law Group Help You File For Bankruptcy
Released On: 2/15/2018
Views: 12734
Phoenix Arizona Chapter 7 Bankruptcy Attorneys At Price Law Group Help You Wipe Away Your Debt
Released On: 2/14/2018
Views: 12405
Phoenix Arizona Chapter 13 Bankruptcy Attorneys At Price Law Group Will Help You Start Fresh In Your Financial Life
Released On: 2/14/2018
Views: 12607
Call Price Law Group For Chapter 13 Bankruptcy Filing Services In Phoenix Arizona
Released On: 2/12/2018
Views: 13202
Price Law Group Offers Chapter 7 Bankruptcy Services To Phoenix Arizona Residents
Released On: 2/12/2018
Views: 12862
Start Your Las Vegas Chapter 13 Bankruptcy Filing with Price Law Group And Our Bankruptcy Attorneys
Released On: 2/12/2018
Views: 12564
Begin Your Chapter 7 Bankruptcy In Las Vegas With Price Law Group And Work With Our Expert Bankruptcy Attorneys
Released On: 2/12/2018
Views: 13182
Sparks Nevada Chapter 7 Bankruptcy Attorneys At Price Law Group Can Help You File For Bankruptcy
Released On: 11/2/2017
Views: 13281
Reno Nevada Bankruptcy Attorneys At Price Law Group Offer Chapter 7 and Chapter 13 Bankruptcy Services
Released On: 11/2/2017
Views: 13289
Price Law Group Offers Chapter 7 and Chapter 13 Bankruptcy Services in Bakersfield California
Released On: 11/2/2017
Views: 13569
Wipe Away Outstanding Debts With Chapter 7 Bankruptcy In Modesto California With Price Law Group
Released On: 11/2/2017
Views: 13106