Woodland Hills Chapter 7 Bankruptcy Lawyers

Eliminate Debt with Chapter 7 Bankruptcy in Woodland Hills

Chapter 7 bankruptcy, also known as "personal" or "liquidation" bankruptcy, primarily:

• Eliminates unsecured debts (credit cards, medical bills, lawsuits, judgments, etc.). Your debts are gone (no repayment is required)!
• It allows you to keep all your assets, including your home.

Qualifying for Chapter 7: Understanding the "Means Test"

Under the new bankruptcy laws, high-income earners may not qualify for Chapter 7 bankruptcy. However, certain exemptions, credits, and deductions may make you eligible. You need an experienced lawyer to determine if you qualify under the "means test."

The Chapter 7 Bankruptcy Process Explained

Under Chapter 7 bankruptcy, the court appoints a trustee to examine your records and determine your net worth. This is the information that we will organize and file on your behalf. Part of the trustee's job is to pay creditors by liquidating any substantial assets not protected under the law.

However, most vital assets are generally protected, including your home and automobiles. An experienced attorney needs to evaluate your assets and make sure they are all protected under the law. Filing for Chapter 7 bankruptcy will NOT AFFECT your retirement accounts, IRAs, or pension plans.

Our Streamlined Chapter 7 Filing Process

• Free consultation: Take advantage of our free consultation to discuss your situation. If bankruptcy is not your best option, we'll be the first to tell you and suggest helpful alternatives.
• Know your options: We will help you understand, in plain terms, what your choices are and the benefits of each. Don't spend hours or days reading through websites and other confusing materials. We can quickly determine what applies and what doesn't in your unique situation.
• Same-day filing: When you're ready, we will file your case electronically. You gain instant protection from creditors, and you are on your way to relieving the stress caused by too much debt.
• Let us do the rest: We'll easily guide you through declaring Chapter 7 bankruptcy and get bill collectors off your back! It's illegal for creditors to harass you once your case has been filed, so refer them to our office, and we'll stop it.

Dealing with debt is difficult; that's why we make the bankruptcy process as easy as possible. Contact our Chapter 7 bankruptcy attorneys today for a free consultation.

Top Advantages of Filing Chapter 7 Bankruptcy with Cal West Law

At Cal West Law, our experienced attorneys understand the stress and anxiety of overwhelming debt. That's why we're committed to helping our clients find the best debt relief solutions that suit their unique financial situations. Here are the benefits of filing for Chapter 7 bankruptcy with our Woodland Hills team:

• Debt Discharge: Chapter 7 bankruptcy can discharge most unsecured debts, including credit card debt, medical bills, and personal loans.
• Automatic Stay: Filing for Chapter 7 bankruptcy triggers an automatic stay that stops creditor harassment, wage garnishments, and repossessions.
• Fast Process: Chapter 7 bankruptcy typically takes only a few months, allowing you to move on with your life and start rebuilding your credit.
• Exemptions: California has generous bankruptcy exemptions that allow you to keep most of your property, including your home, car, and personal belongings.
• Expert Guidance: Our knowledgeable attorneys will guide you through bankruptcy.

If you're struggling with debt and need a fresh start, contact Cal West Law today to schedule a meeting with our Chapter 7 bankruptcy attorneys in Woodland Hills.