Why Hire a Bankruptcy Attorney?

How to Eliminate your Debts

It can be relatively easy for someone to get into a financial bind due to unexpected medical expenses, a divorce or the loss of a job.  Overspending and the use of high interest credit cards can also create money woes.  When the situation escalates to the point where you can no longer pay your bills and creditors are hounding your for payments, a Cerritos bankruptcy lawyer should be contacted for advice.  

There are many solutions to eliminating debts such as debt consolidation, debt settlement and loan modificationBankruptcy such as Chapter 7 or Chapter 13 is also an option, depending on your particular circumstances.  Chapter 7 bankruptcy involves the liquidation on non-exempt assets to pay creditors in addition to your debts being discharged.  Chapter 13 allows you to restructure payment plans to creditors.

Attorney Ray Bulaon can evaluate your financial condition and help you make an informed decision on how best to get out of debt.  When considering your alternatives, getting sound advice from a competent lawyer can reduce the stress and worry that often accompanies a financial crisis. 

Bankruptcy Lawyer in Cerritos

A capable bankruptcy lawyer should be contacted immediately if you are facing mounting debts, harassing calls from creditors, or are in danger of losing your house, vehicle or other personal property.  There are both advantages and disadvantages to bankruptcy that a skilled attorney can explain, in addition to how the entire process works and what you can expect in court.  Some of the benefits that make bankruptcy an attractive option to people in debt include:

  • No more calls from creditors after your bankruptcy petition has been filed
  • Any foreclosure actions are stopped
  • Efforts to repossess your vehicle or other personal property are halted
  • Your wages are no longer garnished

Our firm can answer all of your questions regarding bankruptcy and other debt relief options.  We are committed to finding the most effective solution to expedite your financial recovery.

If you are no longer able to meet your financial obligations, contact a Cerritos Bankruptcy Lawyer  from our law offices to discuss the benefits of filing for bankruptcy.