Understanding the current bankruptcy laws can be confusing to the average person. If you are considering bankruptcy as a solution to your financial problems, you are already under enough stress and experiencing anxiety because of your woes; the last thing you need is to read a bunch of confusing legal jargon that you may not comprehend. The important thing for you to remember right now is that there are two basic kinds of bankruptcy available and one will apply to your situation more than the other. It is a good idea to seek out a chapter 13 attorney in Los Angeles that can help you decipher the law and let you know what you can do to get the financial help you need.
Understanding Chapter 13| chapter 13 Attorney in Los Angeles
Chapter 13 bankruptcy is a little different in that this circumstance allows you to make arrangements for repayment of your debts over time. This type of bankruptcy is designed more for people that have the financial means and ability to pay back their debts. While not everyone has the sufficient finances to do this, the system and your lawyer can help you determine if you have the means to do so successfully. This filing does have advantages over Chapter 7 bankruptcy and can allow you to keep your home without having to sell. Arrangements are made with your debtors, including your mortgage company, to allow for better terms to pay things back, and you are not forced to sell your assets.
You Need Legal Advice
If you have reached a point where you are considering bankruptcy, then you want to make sure you talk to a chapter 13 attorney in Los Angeles for advice. You want to talk to a lawyer that specializes in bankruptcy law and cases like we do at the law offices of Karin Karadijan. An experienced lawyer can give you the best guidance and discuss which options are suited to your particular financial position. This will help you to get the best arrangement possible.
We are There for You
When you are ready to talk to a chapter 13 attorney in Los Angeles, please contact us at the law offices of Karin Karadijan. We can schedule a free consultation with you so you can speak with Ms. Karadijan, a highly experienced bankruptcy lawyer, and get the quality advice you need right now, so you know what to do. You can call us at 949-565-0900 to schedule an appointment and take the first step towards gaining your financial freedom. https://www.kelawfirm.com/
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