When you are facing overwhelming debt, much of your time is most likely consumed with thinking up solutions for getting out of it. You may have even considered bankruptcy as an option, but you might not know where to begin.
Chapter 7 Bankrupcy Attorneys and Chapter 13 Bankruptcy Lawyers
At San Diego Debt Relief, our attorneys provide the services you need to properly plan for bankruptcy so as to maximize your recovery. With more than 15 years of experience in bankruptcy law, we use our knowledge and resources to help you obtain the debt relief you need.
Understanding the Means Test
Many people wish to file Chapter 7 bankruptcy, but under the new revisions to the Bankruptcy Codes, you must first pass the means test. The means test analyzes your current household income, secured debt payments and IRS living standards to determine whether they fall below the state's median income or if you have disposable income. Our lawyers thoroughly review your situation with you to determine whether you qualify.
Alternatives to Chapter 7 Bankruptcy
If you are not eligible for Chapter 7, that's ok. There are still many debt relief options available to you, such as Chapter 13 bankruptcy or debt settlement. We will help you explore your options and set realistic goals so that you can obtain the debt relief you need.
Every bankruptcy case is as unique as the person wishing to file. In your free initial consultation, our lawyer will listen to your unique story and help you find the solution that best fits your circumstances.
Benefits of Chapter 13 Bankruptcy
Even if you qualify for Chapter 7 bankruptcy, it may not be the best option for you. For example, if you have non-dischargeable debts, creditors can continue to harass you once your Chapter 7 bankruptcy is complete and the automatic stay has been lifted.
However, in Chapter 13 bankruptcy, all collection activities — for dischargeable and non-dischargeable debts — must cease until the bankruptcy is complete. This gives you between three to five years to catch up on all your debts. With one manageable monthly payment instead of several, you can better control where your money is being spent.
Contact a San Diego Bankruptcy Lawyer Today!
At San Diego Debt Relief, we seek to help you understand all your options for obtaining debt relief. We explain the differences between Chapter 7 and Chapter 13 bankruptcy. Our entire staff speaks both English and Spanish, and we work with a variety of clients throughout the greater San Diego area.
Contact us by calling 949-243-7619 or toll free at 888-755-2559 to schedule a free initial consultation with our skilled California bankruptcy attorneys. We can get your case started for little to no money down. Se habla español.
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.
