Article provided by: brooksattorney.com
Count on the Leading Chapter 7 Lawyer in San Jose
When you are having financial difficulties, and no other option works, filing for Chapter 7 bankruptcy is a great alternative. This process will allow you to cut most of your current debts and move forward without that financial burden.
However, achieving a successful chapter 7 bankruptcy process is no easy task. The wisest thing to do is to have the support of a top-line lawyer of Chapter 7 bankruptcy in San Francisco. If you are still undecided whether to handle the process on your own or hire a specialist, you should know what does a bankruptcy lawyer do for you, to make an informed decision.
Getting Started with Chapter 7 Bankruptcy
What is Chapter 7 Bankruptcy?
This is one of the types of personal bankruptcy, also called liquidation bankruptcy. In this case, a court orders the liquidation of your assets to pay off debts and give you a fresh start. The best Bay Area bankruptcy lawyers will be able to tell you what is the minimum debt to file bankruptcy and support you to have a fast and successful process.
How Does Bankruptcy Work?
First, you must complete pre-bankruptcy credit counseling within 180 days of filing. Once you receive the certification, you will be able to file, including the necessary documents. These should include a list of assets and liabilities and a schedule of income and expenses. A top-notch bankruptcy lawyer in the Bay Area will be able to help you in gathering everything necessary for the process to occur properly.
The court will assign a trustee, who will meet with you, and at that time you will be subject to probation to verify that you are eligible for chapter 7. This trustee issues an automatic stay, which will prevent collection actions, foreclosure actions, and freezes civil lawsuits. Your creditors will have a period of discharge objections if they can prove that you committed fraud. After all objections are addressed, you will receive final approval.
How Can We Help You at Brooks Law Office?
With our extensive experience, we can study your case thoroughly, and handle the case with the best possible strategy. This includes filling out all the necessary paperwork for the bankruptcy process correctly, as a single mistake can be very costly. Also, we will help you gather all the documents necessary to file so that the process goes quickly and smoothly.
While the process is in progress, we can help you in contacting your creditors. We will contact them, and avoid constant harassment so that you can concentrate on your bankruptcy process. Besides, we will guide you in the determination of assets and planning so that you can meet your commitments on time.
At all times you will have our support and advice, and you will be able to know the status of your case, and what are the next steps to follow. All this always taking care of your interests, so you can overcome this situation and have a new start with financial health and stability.
Count on the Top Chapter 7 Lawyer in San Jose
If you want help in these challenging times, we are ready for you. We are the most experienced team of bankruptcy attorneys in the region, and we will help you to have a successful process. Let our more than 16 years of experience work for you. You can access here to find out what should I ask a bankruptcy lawyer. Also, you can call us for a free consultation, or learn more about us in Spanish.