Laguna Woods Bankruptcy Lawyer
Bankruptcy Attorney in Laguna Woods
Last year, more than 1.5 million Americans chose to declare bankruptcy in order to get their debts under control. Tens of millions of people in this country are unable to make their monthly loan payments on time and in full each month; they have depleted their saves; they are on the verge of losing their homes. After filing for bankruptcy, however, many have been able to eliminate their debts, save their homes and begin rebuilding their credit and savings. With the help of a Laguna Woods bankruptcy attorney from the Law Offices of Joseph M. Tosti, you could be debt free and breathing easier in a matter of months.
There are three different types of common consumer bankruptcy: Chapter 7,
Chapter 11 and
Chapter 13. Chapter 7 is known as "straight bankruptcy" because it simply eliminates the eligible unsecured debts and allows the individual to have an entirely fresh start. It does, however, have the drawback of liquidation. Chapter 11 and Chapter 13 are both forms of debt elimination which are more suited for those who have regular incomes, as they require a repayment plan for three to five years following the bankruptcy filing. If you have any questions, concerns or if you would just like to know more about bankruptcy topics such as
frequently asked questions, the
bankruptcy process,
credit counseling,
life after bankruptcy,
alternatives to bankruptcy,
bankruptcy myths,
benefits of bankruptcy,
bankruptcy reform,
stopping creditor harassment and the
means test, please do not hesitate to call our office and schedule an appointment with one of our committed and practiced bankruptcy lawyers.
Laguna Woods Resources:
Stop letting your debt run your life. For further details concerning debt elimination,
Contact a Laguna Woods bankruptcy lawyer
at the Law Offices of Joseph M. Tosti.
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