BANKRUPTCY

WOODLAND HILLS BANKRUPTCY ATTORNEY

Helping Clients in San Fernando Valley File For Bankruptcy 

The stress of being unable to pay your bills can be enormous. You may spend hours trying to figure out how to meet your expenses each month while sinking deeper into debt through late fees, penalties, and more. This is commonly due to a situation of consumer debt overload involving:

  • Credit cards

  • Medical or dental debt

  • Payday loans

  • and more

Whether through poor financial planning, unexpected life events, such as a job loss, or other causes, overwhelming debt can lead to sleepless nights, constant worry, creditor harassment, and even legal action taken against you. 

The time to confront and address insolvency is sooner rather than later because the longer you wait, the worse your financial scene can become. At The Law Offices of Oscar R. Swinton, our Woodland Hills bankruptcy lawyer can help with debt relief solutions based on your needs and goals. Attorney Oscar Swinton can inform and educate you on personal bankruptcy filings, how they work, what they do, and how you can move forward toward a brighter future with a clean slate and your finances once again under your control. 

Discuss your needs with our Woodland Hills bankruptcy attorney in a free case review. Call The Law Offices of Oscar R. Swinton at or contact us online today. Hablamos español. Also serving clients in Santa Clarita & Palmdale! 

BANKRUPTCY OVERVIEW

Personal bankruptcy is a legal process that provides debt relief to individuals who have an overwhelming amount of debt. It’s an option for people who can no longer make payments on their debt. Completion of the bankruptcy process allows you to start over with a clean financial slate.

How Does Bankruptcy Work in California?

Personal bankruptcy involves petitioning the court, preparing paperwork, and appearing in front of a judge. Depending on the type of petition, whether a Chapter 7 or Chapter 13, you will need to provide proof of the following so that the court can determine how your case will proceed:

  • Income

  • Assets

  • Debts

  • Expenses, etc.

In personal bankruptcy, you either liquidate whatever assets you have that are not subject to bankruptcy (called nonexempt property) or you will propose a payment plan involving a monthly affordable amount that will go towards paying off your debt. At the end of the bankruptcy process, whatever debt is remaining will be discharged by the court. This allows you to move forward free of the debt you listed in your bankruptcy filing. 

You may still, however, hold on to collateral-based assets, such as your home through your mortgage, and your automobile by continuing to make these payments. 

Questions about filing for bankruptcy? Contact our Woodland Hills bankruptcy lawyer to learn more about how we can help you today. 

WHO QUALIFIES FOR BANKRUPTCY IN CA?

To qualify for personal bankruptcy, you must show that you are insolvent, that your liabilities exceed your assets. Additionally, an income requirement for filing applies to either type of personal bankruptcy. For example, for Chapter 7, you must have less than the median state income for your household size and meet other eligibility requirements as determined by the court.

How Our Woodland Hills Bankruptcy Lawyer Can Help

Bankruptcy is a legal process and must be done according to specific laws and regulations. Having an experienced lawyer can make the process of filing for personal bankruptcy much easier. Our Woodland Hills bankruptcy attorney can advise you on your options, walk you through the process, and help you through all aspects from drafting documents to meeting with creditors to representing you in Bankruptcy Court. This ensures that your filing is done to meet legal standards and that it can be completed with optimum results.

If you are facing wage garnishment, collection agency harassment, or other legal action due to your runaway debt, call us today to get the assistance and relief you need. 

If you are going through bankruptcy, don't hesitate to reach out to our bankruptcy attorney in Woodland Hills to start discussing your options today.

CONTACT US TODAY

At The Law Offices of Oscar R. Swinton, we're always ready to take your calls! Give us a call or fill out the form below to contact one of our team members.