Bankruptcy

Legal Action Workshop is a California-based Law Firm that has been practicing Bankruptcy Law for over 30 years.  Our experienced Attorneys have completed thousands of Bankruptcies thereby helping people get out of debt.  Bankruptcy is an area of Full Representation--our Attorneys complete the paperwork, file it and represent you at the Bankruptcy hearing.

We make Bankruptcy easier and more affordable.

We offer you peace of mind.

A Bankruptcy is an option for those people who find that they have debt and cannot repay the debt.  It may also be an option for people who wish to avoid the foreclosure of their home.  Our Bankruptcy Attorneys have more than 30 years experience.  We prepare and file your Bankruptcy paperwork and also represent you at your Bankruptcy hearing.  We prepare the paperwork very quickly, often while you are in our office.  This means that your Bankruptcy could be filed the same day or next day!  We offer a free consultation for Bankruptcy as well as a payment plan to help pay for the fees.  We do not file until the Bankruptcy is paid in full. 

Legal Action Workshop handles Chapter 7 Bankruptcy and Chapter 13 Bankruptcy. Both options help you manage debts such as mortgages and credit cards. We also do debt negotiation and debt settlement.  This is an area of  full representation.

To qualify for Chapter 7 Bankruptcy your gross annual income must fall under a certain amount in relation to the number of people in your household.  This is called a MEANS TEST.  Every year the United States trustees update their data with regard to the acceptable income level for a Chapter 7 Bankruptcy as compared to the number of people in a household.  As of March 2011, the means test states that a 1 earner, 1 person household may file for a Chapter 7 Bankruptcy if that person earns less than $48,009 gross per year.  If there are 2 people in the household the maximum income jumps to $62,970.  If there are 3 people in the household, the allowable income is up to $68,670 and if there are 4 people in the household the maximum income goes up to $78,869.  For each individual in excess of 4, you could add $7,500 to the allowable gross income.  This represents the latest data from the U.S. Trustee program. Our Lawyers can explain what is included in the gross income and what factors impact this--such as ownership of property.  The Lawyer can also explain who would be included as family and who would be excluded.  A Chapter 7 Bankruptcy is the type of bankruptcy that would discharge your unsecured debt.  Again, the Attorney can explain which debt is included and which debt is not.

Filing a Chapter 7 Bankruptcy can achieve the following:

• Wipe out most of your unsecured debt (credit card bills) or loans, civil lawsuits and/or medical bills.
• Stop harassment by credit card companies
• Stop any collection efforts by most creditors
• Protect your home and personal property (stop a foreclosure)
• Stop any attempt to garnish wages

If you do not qualify for Chapter 7, Chapter 13 Bankruptcy may make sense for you. Chapter 13 bankruptcy can help with mortgage payments, reducing, and sometimes eliminating your overall unsecured debt and allowing the reduced debt to be paid off over 3 to 5 years.  In effect, a Chapter 13 Bankruptcy is a payment plan and is a good option for those who do not qualify for a Chapter 7 and/ or for those who have debts that are secured by property.

Determining which process is best for you can be difficult. Contact Legal Action Workshop today for a free consultation. Call Now 1-888-LGL-ACTN (1-888-545-2286).