Many good things happen the moment you file for bankruptcy. As soon as bankruptcy is filed, all debt collection calls MUST stop. The same is true for collection-related actions, such as auto repossession, home foreclosure, wage garnishment, and any lawsuits or legal proceedings. Bankruptcy filing is the fastest and most effective way to get debt relief from creditors. A bankruptcy case must be filed with the bankruptcy court before debt relief is possible. Once a bankruptcy case is filed, … [Read more...] about What Happens When You File For Bankruptcy?
While you can keep your house in chapter 7 bankruptcy in most cases, it is possible that you may lose your home. Whether or not you will lose your home depends on many factors such as if you are current on your mortgage. However, filing for Chapter 13 bankruptcy might be a better option for you if you are facing foreclosure or have significant equity in your home. Chapter 7 Bankruptcy and Keeping Your Home Chapter 7 bankruptcy is mostly for those who are looking to get a fresh start. This … [Read more...] about Can You Keep Your House in Chapter 7 Bankruptcy?
If you are having a hard time keeping up with payments, especially during a global crisis like the Coronavirus (COVID-19) in 2020, you might be asking, “Is it better to file a chapter 7 or 13?” The answer really depends on your situation, but the general rule is that: Chapter 7 bankruptcy is for people with limited income that is not sufficient enough to fully or partially pay back their debt Chapter 13 bankruptcy is for those who do have enough income to pay their debt through a … [Read more...] about Is It Better to File a Chapter 7 or 13?
Our Los Angeles Bankruptcy Attorney provide help to eliminate debt, stop foreclosure, stop wage garnishment, and stop car repossession! If This Happened to You, Call (818) 254-8413 for Immediate HELP! You fell behind on mortgage payments and you are facing foreclosure You fell behind on car payments and you are facing repossession Your credit cards or medical bills have gotten out of control. Many people fall behind on payments because of a temporary job loss or illness. The … [Read more...] about Do You Need a Bankruptcy Attorney?
Consumer Action Law Group has helped many homeowners file bankruptcy, stop foreclosure, and clear debt. June 9, 2015 - Los Angeles, CA -- Bankruptcy allows individuals to resolve their financial difficulties and rebuild their credit. In many cases, people file bankruptcy when they are facing foreclosure. Foreclosure happens when the lender or the mortgage company exercises their right to take back the property because the borrower has missed more than 3 monthly payments and fallen into … [Read more...] about Bankruptcy Attorneys Stop Foreclosure
For anyone currently facing foreclosure, there is a way to stop the foreclosure process and save the home by hiring a bankruptcy attorney. Filing bankruptcy is the most certain way to stop foreclosure. In many cases, the best solution for anyone facing foreclosure is filing bankruptcy. Bankruptcy restarts the process of making monthly mortgage payments and getting caught up to save the home. Those looking for a cheap bankruptcy lawyer in Los Angeles should call Consumer Action Law Group, their … [Read more...] about Filing Bankruptcy Can Stop Foreclosure