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Irvine Bankruptcy Attorneys


bankruptcy-girlIf you are visiting our site, we understand that you are in a tough financial position, therefore we offer AFFORDABLE FEES.

Here at South Orange County Bankruptcy, we specialize in providing assistance to those seeking debt relief under the United States Bankruptcy Code, in Southern California.


 

FOR IMMEDIATE RELIEF CALL
(949) 313 - 7263

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Creditors - Repossessions - Lawsuits - Foreclosure

-KEEP-
Home - Autos - Furniture - Wages

$100 Starts your Bankruptcy Process

...Affordable help by Irvine Bankruptcy Attorneys...

Our Irvine Bankruptcy Attorneys are here to help you eliminate your debt by filing Bankruptcy. Whether you qualify under Chapter 7 or Chapter 13,  our Irvine Bankruptcy Attorneys will represent you every step of the way to ensure that your financial crisis is put to an end. 

See if you qualify to file Bankruptcy Chapter 7 under the 2005 Bankruptcy Reform Laws. 
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South OC Bankruptcy is a Debt Relief Agency under United States Bankruptcy Code.

Bankruptcy Overview
Federal bankruptcy law helps individuals get a handle on their debt by allowing them to request a
complete liquidation under Chapter 7 of the Bankruptcy Code and/or a repayment plan under Chapter 13
or Chapter 11.

Chapter 7

Bankruptcy under Chapter 7 of the Bankruptcy Code is often referred to as “liquidation bankruptcy” or a "straight bankruptcy.” Under Chapter 7, a Bankruptcy Court can relieve a debtor of the responsibility to pay most of his or her debts but still allow the debtor to keep much of his or her property.

A debtor begins the bankruptcy process by filing a petition with his local bankruptcy court. Once the petition is filed, an “automatic stay” goes into effect and the creditors are prohibited from making any attempt to collect their debt, including attempting foreclosure and repossession. Along with the petition, or shortly thereafter, the debtor files various written “schedules” and “statements” to inform the Court of his outstanding debts, his current income and expenses, any existing contracts, any current or potential lawsuits, and any recent asset transfers. Upon receipt of the Petition, the Court appoints a Bankruptcy Trustee to handle the debtor’s case. The Trustee determines what assets, if any, it can collect from the debtor to sell to pay off the creditors. The Trustee can only collect certain assets, known as “non-exempt” assets, from the debtor. The debtor can keep his “exempt” assets if he chooses (and wants to continue to pay for as debts on those assets are not discharged). California law generally exempts a debtor’s home, furniture, furnishings, motor vehicles, and additional personal property up to a certain dollar amount. Most debtors only have “exempt” property. Once the Trustee sells the debtor’s “non-exempt” property, if any, and distributes the proceeds to the creditors, the Bankruptcy Court discharges the debtor’s remaining debt (other than alimony and child support, student loans, most tax obligations, and debts resulting from fraudulent or malicious acts) and concludes the bankruptcy proceeding.

If you are in danger of losing your house, your car, or other property, and/or are tired of creditors’ harassment, contact us today. We can help you decide if bankruptcy is for you. The only thing you have to lose is your debt. (949) 313-7263.

If you are visiting our site, we understand that you are in a tough financial position, therefore we offer
AFFORDABLE FEES.

Here at South Orange County Bankruptcy, we specialize in providing assistance to those seeking debt relief under the United States Bankruptcy Code, in Southern California.

Take the first step to FINANCIAL FREEDOM. Restore financial balance
in your life.

Complete your FREE,
CONFIDENTIAL EVALUATION

to see if filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy is right for you.

Talk to one of our Irvine Bankruptcy Attorneys for FREE 

 

 

 

If you are in danger of losing your house, your car, or other property, and/or are tired of creditors’ harassment, contact us today.
We can help you decide if bankruptcy is for you. The only thing you have to lose is your debt, call now: (949) 313-7263. 

 

South Orange Count Bankruptcy is a Debt Relief Agency under United States Bankruptcy Code.
Copyright 2010 South Orange County Bankruptcy. All rights reserved.