Whittier Chapter 11 Bankruptcy Attorney
Helping Individuals and Married Couples File for Chapter 11 Bankruptcy Protection
In general, personal bankruptcy options are typically limited to filing for Chapter 7 or Chapter 13 protection. However, Chapter 11 may be appropriate for individuals and married couples who do not otherwise qualify for Chapter 7 or Chapter 13, particularly if multiple properties are involved. At the Law Offices of Nicholas Gebelt, our Chapter 11 bankruptcy lawyer serving Orange County and Los Angeles County will work closely with you to find a debt relief plan that will best suit your unique situation.
If you struggling with debt, relief is available. Contact our California personal bankruptcy attorney online.
If you needed surgery you wouldn’t hire a nurse to do the procedure. You’d hire a highly trained and skilled surgeon. Doesn’t it make more sense to hire a Board Certified Bankruptcy Law Specialist rather than a non-attorney paralegal, or a young pup fresh out of law school? Why take a chance with an incompetent attorney when you can hire one certified by the California State Bar Board of Legal Specialization?
A Bankruptcy Specialist Who Will Tell You If Chapter 11 Is Right for You
There are certain income and asset limitations that must be met in order to qualify for Chapter 7 or Chapter 13 bankruptcy. If you have a significant household income or own a significant amount of property, and your debts exceed the Chapter 13 debt ceilings, a Chapter 11 filing may be a better option for you. This type of filing is also referred to as a “super 13” filing and can give you the bankruptcy asset protection you need to hold onto your valued assets while getting your financial situation under control.
This type of filing will put you on a repayment plan for a set number of years. The plan is also subject to creditor approval. We will work closely with your creditors to help them see the benefit of your plan. We can also help you with the required reports that must be made to the court throughout the process. This type of filing is complex and time-consuming, and therefore can be more expensive than traditional personal bankruptcy. We will work closely with you so you understand all of your available options. We can help get you on the road to a brighter financial future.
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