San Fernando Valley Bankruptcy Attorney
Information about Bankruptcy Options
Bankruptcy is an option for those individuals who are facing significant financial strain and overwhelming debt that they cannot realistically pay off. It possesses some disadvantages, such as substantially lowering one's credit score for a period of years, but it possesses many advantages as well, and has the potential to free one of their financial struggles. There are three primary types of bankruptcy, all of them respectively suited to individuals with specific financial situations. This site contains helpful information about these and all other bankruptcy-related topics:
Bankruptcy
For some debtors, bankruptcy offers a means to eliminate debt and to finally offer breathing room in the face of collection lawsuits, wage garnishment, repossession, creditor contact and even foreclosure. It's time to find out how bankruptcy may help you get a fresh financial start. Read more about bankruptcy…
Chapter 7 Bankruptcy
Often advisable for individuals with low incomes and few valuable assets, Chapter 7 cancels all of the person's debt and involves what assets they do have being sold in order to help pay off creditors. Read more about Chapter 7 bankruptcy…
Chapter 11 Bankruptcy
A possible option for businesses, corporations, and partnerships, Chapter 11 grants a business an extended period of time to pay off its debts, including back-owed taxes. It can also cancel certain leases and contracts the business may have (such as union contracts which are financially costly to the business). Read more about Chapter 11 bankruptcy…
Chapter 13 Bankruptcy
For individuals with higher incomes and valuable assets that need protection from liquidation, Chapter 13 provides a payment plan for the individual to pay off their creditors over a period of years. This allows the person to avoid the sale of their valuable assets, such as their home or car. Read more about Chapter 13 bankruptcy…
Bankruptcy FAQ
If you have questions about bankruptcy, our experienced professionals have answers. Representing debtors throughout the San Fernando Valley, we provide honest and straightforward answers to your most pressing questions. Read our bankruptcy FAQs…
Bankruptcy Exemptions
Under state and federal bankruptcy laws, certain property is protected from liquidation in Chapter 7 bankruptcy. In fact, most debtors who file Chapter 7 end up keeping most or all of their property and assets. Read more about bankruptcy exemptions…
Bankruptcy Myths
We believe that dispelling common myths about bankruptcy can help our clients make better decisions about filing and exploring alternatives that may provide relief from overwhelming debt. Read more about bankruptcy myths…
Benefits of Bankruptcy
Interested in reaping the many benefits that bankruptcy may have to offer? A San Fernando Valley bankruptcy lawyer at our firm can protect your rights through the process to help you experience the advantages while avoiding common pitfalls. Read more about the benefits of bankruptcy…
Filing for Bankruptcy
Depending on your particular financial situation and your goals, filing for bankruptcy may or may not be the right option for you. With our experience and understanding of these matters, we are here not only to help you file but to guide you in the right direction. Read more about filing for bankruptcy…
Life After Bankruptcy
Life after bankruptcy is not necessarily as bleak as some may make it out to be. There are ways to begin rebuilding your credit immediately so you can truly experience all of the benefits that your fresh start has to offer. Read more about life after bankruptcy…
Why Hire a Bankruptcy Attorney?
As an individual, you are not required to hire a bankruptcy attorney. A legal professional, however, can provide you with the representation, guidance and support you need through the entire process to help you avoid making a mistake or being stuck in a position where your petition is denied. Read more about hiring a bankruptcy attorney...
Creditor Harassment
Debt collectors are allowed to take action to recover the debt they are owed, but they must do so within the confines of the law. Harassment or abuse by creditors or bill collectors may grant a debtor grounds to move forward with a lawsuit. Read more about creditor harassment…
Debt Negotiation
Negotiating with creditors is a potential alternative to bankruptcy, but these matters need to be approached carefully to ensure your rights are not violated and that the result of the negotiations is actually beneficial to you. Read more about debt negotiation…
Debt Relief
Relief in the face of credit card debt, medical bills, personal loans and other past due bills can be experienced through bankruptcy or another means of debt relief. At our firm, we are committed to providing tailor-made solutions for our clients to address their debt-related needs. Read more about debt relief…
Debt Settlement
If you have a good deal of debt but have the ability to pay off a portion of it through a settlement, it is important to discuss this option with a lawyer at our firm. We represent debtors throughout the San Fernando Valley, helping them deal with creditors. Read more about debt settlement…
Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act protects debtors from abusive practices by debt collectors. If you've been the victim of threats, profanity or harassment, you may have grounds for legal recourse. Read more about the Fair Debt Collection Practices Act…
Foreclosure
Foreclosure is a process where a lender essentially repossesses a home or other piece of real estate because the borrower has defaulted on the loan. There are ways to stop foreclosure, and a professional at our firm can discuss these with you. Read more about foreclosure…
Loan Modification
If you are in danger of defaulting on your mortgage or have fallen behind on your payments, a loan modification may be the solution you've been looking for. By negotiating with your lender, you may be able to modify the terms of your loan so you can afford the payments. Read more about loan modification…
Loan Audits
One of the tools your lawyer may use to assist you in saving your home from foreclosure is a loan audit. By looking into your loan, your lawyer can determine whether you were subjected to fraud or other illegal conduct. Read more about loan audits…
Deed in Lieu
A deed in lieu of foreclosure essentially involves working out an agreement with a lender to surrender the deed to the property. The home will then not be foreclosed upon and the lender will have the right to sell it as needed. Read more about deeds in lieu…
Short Sale
If you wish to sell your home to avoid foreclosure, a short sale may be a way to accomplish this. Even though you may owe more than your home is worth, you may be able to sell it and be forgiven the balance of the loan. Read more about short sale…
Bankruptcy makes it possible for individuals to seek relief from debt in most financial situations. If you are considering filing for bankruptcy, contact a San Fernando Valley bankruptcy attorney who can provide you with skilled and knowledgeable help.
Bankruptcy Lawyer in the San Fernando Valley
The Law Offices of John Ribarich provides caring and attentive service to clients who are filing for bankruptcy or considering bankruptcy. Contact our offices today, and we will have an experienced attorney sit down with you and help determine if bankruptcy is right for you. If you decide to proceed, we will provide you with guidance and help throughout the various stages of the process.
Contact a San Fernando Valley Bankruptcy Lawyer
for legal assistance if you are considering filing for bankruptcy. They can inform you of the details of the process and provide guidance if you decide to move forward.