Los Alamitos Bankruptcy Lawyer
Debt Relief in Los Alamitos, CA
The Law Offices of Joseph M. Tosti have dedicated more than three decades to helping our clients in Southern California find debt relief. Our legal team is well-regarded by past clients and throughout the legal community in Southern California for our responsive, insightful and supportive legal advocacy. We endeavor to give each client top-notch service and an effective resolution to their case. When you choose to retain a Los Alamitos bankruptcy attorney from our firm, you are making the choice to take control of your future and your finances.
Each type of bankruptcy is suited for different types of situations: those with few assets, those without a steady income, those with high quantities of consumer debt. Chapter 7, which is also called "straight bankruptcy" or "simple bankruptcy," discharges all of the consumer's debts, allowing him or her the opportunity to start wholly anew.
Chapter 11 and
Chapter 13, on the other hand, are structured differently, with a repayment plan. This plan generally lasts three to five years and is requires that the consumer repay around 60% of the debts owed. Unlike Chapter 7, however, liquidation of assets is not a factor. The many
benefits of bankruptcy may be contingent on the type of bankruptcy you choose, which is why it is vital that you obtain as much information about your situation as you can. Our firm gives all new clients a free case evaluation, during which we will discuss such issues as the
bankruptcy process,
credit counseling,
life after bankruptcy,
alternatives to bankruptcy,
bankruptcy reform,
stopping creditor harassment, the
means test and
bankruptcy myths. We also have clear, thorough answers to
frequently asked questions.
Los Alamitos Resource Links:
Contact a Los Alamitos bankruptcy lawyer
if you are considering filing for Chapter 7, Chapter 11 or Chapter 13 bankruptcy.
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