Orange County Chapter 7 Bankruptcy Attorney
Filing Chapter 7 Bankruptcy
Chapter 7 Bankruptcy is a legal action that can release an individual from debt that they have no hope of paying off. This bankruptcy procedure will discharge debt including medical bills, credit card bills, and finance company loans. Certain types of debt cannot be discharged in a Chapter 7 bankruptcy, including child support payments, student loans and recent taxes. Secured loans, such as your home and car, you can keep if you can keep up the payments. If this is impossible, you can surrender the property to the lender and discharge the debt. If you are facing extreme financial troubles, it is crucial that you contact an
Orange County bankruptcy attorney to assist you in making a fresh start. At the Law Offices of Joseph M. Tosti, the legal team has helped countless individuals get out from under crushing debt in filing a Chapter 7 bankruptcy.
Chapter 7 Bankruptcy Lawyer in Orange County, CA
Before filing for Chapter 7, an individual must qualify. As the individual is completely released from a large portion of their debt, the law is strict regarding who can and cannot file for Chapter 7. In order to determine whether you qualify for this type of bankruptcy, the government requires that you take a "means test". This test is actually a full accounting of all of your assets and liabilities, bank accounts, properties and any other financial information. At the Law Office of Joseph M. Tosti, a bankruptcy lawyer can assist you in determining whether you will qualify for a Chapter 7 bankruptcy, either in person or over the phone.
If you are considering filing for bankruptcy, it is critical that you proceed carefully and correctly. Some individuals have taken the means test and do not fully understand how to fill it out, and are denied the option of filing a Chapter 7 bankruptcy. At the Law Offices of Joseph M. Tosti, a bankruptcy lawyer will help you to determine if you qualify for Chapter 7, and to file all the necessary paperwork. The process is complex and fairly extensive, and it is invaluable to have legal assistance when dealing with any bankruptcy filing.
Contact an Orange County Bankruptcy Attorney from the Law Offices of Joseph M. Tosti if you are considering filing for Chapter 7 bankruptcy and need legal assistance. Personal, skilled legal representation in all types of bankruptcy filings and other debt relief solutions.
Bankruptcy Resources:
Our firm strives to provide you with the most comprehensive understanding of the bankrutpcy process and what your options are. The decision to hire a bankruptcy lawyer is an important one, as is the decision to file for Chapter 7 bankruptcy. We have compiled a number of bankruptcy resources below, including those from other bankrutpcy lawyers. We are providing these resources as a means to educate you further. We do not endorse or recommend any of the attornes listed, so it is important to research and qualify each lawyer before hiring them for your bankruptcy case.
Need more information about the different types of bankruptcy? Our website has information located in the left navigation bar that discusses each of the types of bankruptcy action available. This includes details about the
bankruptcy process,
common bankruptcy myths, and
life after bankruptcy. Our information center provides information about
how to deal with creditors,
how to choose a bankruptcy attorney, and the
credit counseling to name a few. Please take the time to read through each section to get a complete understanding of your options and
contact us if you would like to speak to
Mr. Tosti personally about your matter.
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