Orange County CA Bankruptcy Lawyer
Credit Counseling
New bankruptcy laws passed in 2005 make it a requirement that anyone filing personal bankruptcy must have had credit counseling within the past six months. There are a variety of firms that provide this service in California. You can find a list of approved credit counseling firms by clicking here. The new laws mean that you must have attempted other types of credit solutions before applying for bankruptcy. The credit counseling firms will go over your situation and attempt to assist you in finding other ways to handle your debt other than bankruptcy.
In a huge number of cases, they cannot find any solution other than bankruptcy filing, due to the actual condition of the individual and the outstanding debt. However, it is a legal requirement for filing bankruptcy. If you contact the Law Offices of Joseph M. Tosti, the bankruptcy attorney can assist you and direct you to the correct type of credit counselor per the requirements of the federal law. While this is being accomplished the beginning actions of the bankruptcy filing can begin. There is a large amount of paperwork that will be needed for filing bankruptcy, either Chapter 7 or
Chapter 13, and during this time that can be gathered and prepared. If you are a business owner with a troubling debt situation, the firm's skilled bankruptcy team can assist you in your
Chapter 11 Bankruptcy filing.
Filing Bankruptcy? Contact the Law Offices of Joseph M. Tosti
If you are interested in finding out if you qualify to file for Chapter 7 or Chapter 13 bankruptcy, contact an Orange County bankruptcy attorney from the Law Offices of Joseph M. Tosti and speak to one of the experienced bankruptcy team. With a phone or in person consultation it should be easily determined whether you will qualify for filing bankruptcy. The firm also provides other types of debt relief solutions that could assist you, including loan modifications and assisting to reduce bills by negotiating with the credit card company or other lender in making your payments lower and more possible to be handled with your current income.
Contact an Orange County bankruptcy attorney from the firm to learn more about credit counseling and your debt relief options. |