If you do need to file chapter 7 bankruptcy in california, and you do not know how to proceed, you will need to find a that can handle this for you. It may take you a few hours to find and evaluate all of the ones that provide this service in your city in California, but you will ultimately find one that can help you for a reasonable price. This is a step toward resolving certain financial issues that you may be facing. Here are the steps you need to take in order to find the best law firm or lawyer that can help you with Chapter 7 bankruptcy filings in California.
What Is Chapter 7 Bankruptcy In California?
Chapter 7 bankruptcy is the type of bankruptcy that you file where there is not actually a repayment plan involved. If you wish to repay the majority of your debts, and also keep your business solvent, Chapter 13 would be the likely choice. If you have never filed bankruptcy before, it is a process where documents need to be filled out, submitted, and a court date needs to be set up. All of this can be handled by a bankruptcy attorney that is in California that can do all of this for you to complete the process.
How Do You Find These Attorneys?
You can find these attorneys very quickly by searching on the web for Chapter 7 bankruptcy attorneys in California. If you are using Google, it will know exactly where you are based upon your IP address, and then it can show you who is closest to your immediate area. Some of the information that you will find will tell you a little bit about each of the attorneys. This will come in the form of comments people have made that have use their services either recently, or perhaps even years ago. This information is vital to helping you understand which business will make this much easier for you to get your bankruptcy taken care of.
What Are The Steps That Must Be Taken on Chapter 7 Bankruptcy In California
There are several steps involved which include going through what is called pre-bankruptcy credit counseling. This is mandatory, and it must come from an approved agency six months prior to the filing. A bankruptcy petition must be filed which is a packet of forms which you must fill out, something that the lawyer will do for you. There must be a bankruptcy trustee assigned to you, in order to monitor your case, and there could be a meeting with creditors. Finally, they will assess all of the property that you own, and come to a conclusion as to what can be written off, and what cannot. You will then appear in court for the final portion of this process where the bankruptcy will be completed.
These steps can be quite problematic for an individual that does not like to fill out paperwork, or would have no idea on how to set up all of these meetings. This is why using a Chapter 7 bankruptcy attorney is the key to making this go as smoothly as possible so that you can resolve all of this outstanding debt. Once this has been done, you can rest easy knowing that you will no longer have creditors calling you about the debts that you are unable to pay. Find one today and get started with your Chapter 7 bankruptcy courtesy of a competent California attorney.