Los Angeles Bankruptcy Attorney

Filing for Bankruptcy in L.A.

If you are in serious financial trouble and are considering filing for bankruptcy, a Los Angeles bankruptcy lawyer from Matthews Law Firm can help you with fast and effective action. Many people in recent years are facing serious debt problems, whether due to a mortgage payment that is out of control, a divorce, credit card bills, a medical emergency or loss of employment. It can become impossible to manage your debt and stay above water, and we will help you to determine which legal option will best assist you to get your finances back on track, including bankruptcy and other alternatives.

When you are represented by our firm, you will have the benefit of more than 20 years of experience in debt resolution. We have many years of experience representing consumer and corporate clients. We form a strong bond with our clients and fight for them as aggressively as possible. Our lead attorney is a Southern California native with strong ties to the community, and has a real personal concern for you and your financial future. Mr. Matthews is a University of Southern California law graduate with an undergraduate degree in Business Administration, giving him exceptional insight into how to best address serious corporate debt issues successfully.

Bankruptcy Lawyer in Los Angeles

Our firm provides legal representation in bankruptcy, as well as the many alternatives to bankruptcy that are could be more effective for your financial difficulties. We can assist you to understand the benefits of bankruptcy, as well as the risks. There are certain bankruptcy exemptions that will affect the final outcome of your petition, allowing you to keep your personal possessions, vehicle and your home in most cases. You need to avoid the bankruptcy myths that are found on the internet or through friends or associates, and get accurate information from a trusted source. Our firm can assist with personal or business bankruptcy, and has over two decades of experience assisting individuals and businesses across southern California. We are very qualified to represent you in filing chapter 7 or chapter 13, and in carefully managing your interests throughout the process. We also can help you with collections defense, credit restoration, file a legal action if you are a victim of creditor harassment, and are skilled in negotiating debt consolidation.

Alternatives in Debt-Related Legal Issues

Bankruptcy filing now requires that the petitioner has debt counseling prior to filing, and we can advise you of the accredited agencies that you could contact. We are skilled in providing legal services in debt litigation with creditors during bankruptcy or as a solution to large obligations, debt negotiation, and arranging a debt settlement. We can advise you on debt consolidation vs. settlement, and how to best achieve debt relief and debt resolution in your individual case. If you are paying for a property that is mortgaged beyond the current market value, you may want to get rid of the property through a deed in lieu or a short sale, the process of negotiating with your lender can be undertaken on an immediate basis. We are skilled in foreclosure defense as well as how to best work with a bank or other lender in a loan modification.

Our firm is highly qualified to assist you in discharging your debt, filing legal action in violations of the federal Fair Debt Collection Practices Act, and have helped thousands of individuals in filing for bankruptcy, either filing jointly or as an individual or business owner. We can quickly take action to end freezes on your bank account, assist you with the means test to determine if you qualify for chapter 7, address and handle threats involving repossessions, halting wage garnishment, and can give you information about life after bankruptcy, allowing you to make the decision that will best serve your financial interests and your ability to move forward with a fresh start.

Are there benefits to bankruptcy?

A discharge, or a release from your consumer debt, is one of the benefits of chapter 7 bankruptcy and is available to both individuals and business owners. If an individual receives a discharge when filing for bankruptcy, a creditor who is owed a dischargeable debt can no longer take action against you, and you will no longer owe the debt. Some debts, including recent taxes, student loans and some others are not eligible for discharge. Another benefit of bankruptcy is an automatic stay, or an injunction that automatically prohibits lawsuits, foreclosures, garnishments, and the majority of collection activities against the debtor once the bankruptcy petition is filed.

Don't make the mistake of believing that you are alone during this difficult time, and don't give up hope! With our legal expertise and you can be informed of all the different options available to you and you greatly increase your chances of success. Most people experience a great relief when they are no longer able to be contacted by creditors and they are able to get back to their normal everyday lives. If you are in serious financial trouble, the remedy of filing for bankruptcy can give you the relief and opportunity for a fresh start that you deserve.

Contact a Los Angeles bankruptcy attorney from Matthews Law Firm without delay for the skilled legal counsel and personal service you deserve.