Whittier Debt Relief Lawyer
Dedicated Help With Bankruptcy
In the current economic climate, bankruptcy filings have become more common. Many people are out of work and are unable to keep up with high mortgage payments, or are relying on credit cards for everyday needs. Even people who have steady jobs may find themselves saddled with insurmountable debt following an accident or a medical emergency. And many businesses have cash flow and debt problems. At the Law Offices of Nicholas Gebelt, our Whittier debt relief attorney can help you navigate the bankruptcy process and find a solution that is right for you.
Anyone can be overwhelmed by debt. That is why we have dedicated our careers to helping people get a fresh financial start. Contact our California bankruptcy lawyer online.
Our Whittier Chapter 7, Chapter 11, and Chapter 13 attorney, Nicholas Gebelt, is one of only a few legal practitioners designated as a bankruptcy specialist by the California Board of Legal Specialization. This helps to ensure a thorough, well-done bankruptcy that can help you escape overwhelming debt.
State Bar of California Board Certified Bankruptcy Attorneys must have years of experience, go through rigorous testing, and be favorably judged by bankruptcy judges, trustees, and fellow bankruptcy attorneys. Therefore, they are in a much better position to help you than non-specialists are.
A Devoted Specialist With a Deep Understanding of Bankruptcy Issues
Bankruptcy is a viable form of debt relief that can enable you to get back on your feet and start on a path to a brighter financial future. We will work closely with you to find an option that is best suited to your unique needs. We can help you with bankruptcy and all related issues, including:
Chapter 7 — This is sometimes referred to as straight bankruptcy. It has the effect of discharging or eliminating many debts. It is a good option for people with limited assets and income.
Chapter 13 — This will reorganize your debt into a partial or complete repayment plan. It is often used by people with higher income or assets with significant equity.
Chapter 11 for individuals and married couples — Also known as a “super 13”, this form of relief can help out people who have significant household income or own a significant amount of real estate, and have debts that exceed the Chapter 13 debt ceilings.
business Chapter 7 — Business may file for Chapter 7 if it lacks the resources to reorganize and repay its debt. A business Chapter 7 allows for an orderly resolution of debts without the business owner having to deal directly with any of the creditors.
business Chapter 11 — This allows a business to reorganize and pay off debts over a period of time. This can help preserve the business and get it back on a positive financial track.
Wage garnishment and repossession — Filing for bankruptcy will trigger an automatic stay of collection efforts against you. Creditors must immediately stop garnishing your wages, stop any pending lawsuits, stop attempting to seize your possessions, and stop contacting you directly.
Foreclosure — Filing for bankruptcy will temporarily stop foreclosure during the bankruptcy process.
Asset protection through bankruptcy — Proper planning through the bankruptcy process can help ensure that you retain possession of your most valuable assets.
Effect on pending lawsuits, homes and vehicles, student loans, and cosigners — Bankruptcy puts a stop to lawsuits and can protect your assets. However, not all debts are dischargeable. Learn which debts you can eliminate, and which ones you will have to repay.
Effect on your credit — Find out how bankruptcy will affect your credit rating and your ability to buy a home or a car in the future. We can tell you how to rebuild your credit following bankruptcy.
Should both spouses file? — Learn about the risks and benefits of filing jointly versus only one spouse filing.
Bankruptcy and divorce — How do bankruptcy and divorce interact? We will give you clear explanations and help you chart a course that can give you the best possible outcome.
Bankruptcy litigation — If a creditor violates the automatic stay or prejudices your rights in some other way, we will fight for you in court.
We are also available to answer any additional questions or concerns you may have about:
- Choosing the right bankruptcy lawyer
- The morality of bankruptcy
- Whether you have to go to court
- Materials to gather for your first meeting
- Life after bankruptcy
Whether you are struggling with personal debt or own a business that is experiencing financial troubles, we are here to help. Contact our Whittier credit card debt lawyer online.
Call For Your Free 20 Minute Phone Strategy
Session: (562) 777-9159
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