Specializing In Bankruptcy Law
California bankruptcy attorneys at Price Law Group specialize in helping residents of California file for Chapter 7 bankruptcy. For many people, bankruptcy is the best solution to get out of the financial situation that you are in that has left you struggling to make ends meet and living paycheck to paycheck. Let us review your financial situation to best determine if Chapter 7 California bankruptcy is the right path for you to take to have a start fresh financially.
In Chapter 7 bankruptcy, filers are offered protection from creditors and other debts that have contributed to their financial situation. Chapter 7 bankruptcy will offer you a quick way to clear most of your outstanding debts, however, there are several requirements you must meet to qualify for Chapter 7 bankruptcy.
The main requirements are whether or not you make less than the median income in your area and if you make more than the median income in your area, is your disposable income less than $10,000 over a 5 year period that could be used to pay back creditors and debts aside from monies reserved for rent, utilities, and payment on items not in the bankruptcy.
Start the filing process for Chapter 7 bankruptcy in California with Price Law Group. We have licensed attorneys across the state of California that are ready to help you organize your documents and understand your financial situation to help you get started on filing for Chapter 7 bankruptcy in the state of California.