Los Angeles Bankruptcy Attorney
Call 1-800-435-7444 for FREE Consultation!
Today I attended my bankruptcy hearing and was in awe…I realized that I had indeed made the right choice in L.A.W.
– Eugene S.
Need a Quick Bankruptcy?
- Chapter 7 & Chapter 13 paperwork completed, most often, while you wait, same day
Legal Action Workshop has been practicing law for over 35 years!
Bankruptcy is an area of full representation–we complete the paperwork, file it and represent you at the hearing.
Here’s what you get:
- FREE Consultation with one of our experienced Attorneys
- We prepare the paperwork same day in most cases
- We offer payment plans (we don’t file until it is fully paid)
- We can stop harassing phone calls
- We can stop foreclosure
- We give you a fresh start
Filing a Chapter 7 Bankruptcy can achieve the following:
- Wipe out most or all 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
You need to qualify for a Chapter 7 Bankruptcy. Qualification is based on your gross income and the number of people in your household.
If you do not qualify for a Chapter 7 Bankruptcy, which would discharge your unsecured debt, a Chapter 13 Bankruptcy may make sense for you.
A Chapter 13 Bankruptcy can help with mortgage payments and can reduce and sometimes eliminate your overall unsecured debt while 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.
Your Attorney can determine which Bankruptcy is best for you.
To qualify for a 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. The means test states that a 1 earner, 1 person household may file for a Chapter 7 Bankruptcy if that person earns less than approximately $48,000 gross per year. If there are 2 people in the household the maximum income jumps to approximately $63,000. If there are 3 people in the household, the allowable income goes up to approximately $69,000 and if there are 4 people in the household the maximum income moves to approximately $79,000.
For each individual in excess of 4, you could add $7,500 to the allowable gross income. Our Los Angeles Bankruptcy Lawyers can explain what is included in the gross income and what factors impact this–such as ownership of property. Your Lawyer can also explain who would be included as family and who would be excluded.
All the paperwork can be completed in one day from our offices in Glendale, California.
Call with your questions…we’re here to help!