San Juan Capistrano Bankruptcy Lawyer
Helping you obtain the new beginning you need!
In 2010, the number of bankruptcy filers in America rose to more than 1.5 million. Bankruptcy is proven to be an effective and lasting form of debt relief for individuals and families who are incapable of repaying the debts that they currently owe. It is not a one-size-fits-all solution, and not all bankruptcies are created equally. For example, with Chapter 7 bankruptcy, the filer must let go of some of his or her assets during the liquidation process. That is the tradeoff for complete debt elimination. With
Chapter 13, on the other hand, the filer is allowed to retain all of his or her assets and instead repays about 60% of the debts owed; repayment is achieved through monthly payments over a three to five year period.
Chapter 11 works similarly to Chapter 13, though it is usually reserved for small business bankruptcies and filers who have significant amounts of debt. At the Law Offices of Joseph M. Tosti, we can help you determine which type of bankruptcy will best help you achieve your financial goals.
Meeting with a San Juan Capistrano bankruptcy attorney from our firm may be the smartest decision you ever make. We can walk you through the
frequently asked questions about bankruptcy, 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. In Orange County, our service and commitment to our clients is without match.
San Juan Capistrano Resources:
If you have been unable to make your mortgage payments or if you have more debt than you can handle, it is in your best interest to
contact a San Juan Capistrano bankruptcy lawyer
from the Law Offices of Joseph M. Tosti.
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