LONG BEACH BANKRUPTCY ATTORNEY
We handle cases from emergency filings to ones that require over a year of planning. Our client’s goals are first and foremost in our minds as we advise and represent our clients in their carefully prepared bankruptcy cases. The bankruptcy laws are amazingly flexible and potent in helping you eliminate debt and get back into financial health when you’ve over-leveraged yourself or had a misfortune from which you need to recover.
This is not a journey you should go alone, or accept less than completely expert guidance through the legal thicket of bankruptcy law and procedure.
No two cases are alike. Some are relatively easy and represent little risk of complications. Other cases where divorce, lawsuits, businesses and other such components are in the mix will require more effort and attention to detail. Clients’ goals differ as much as their situations and inform our navigation of your case as much as any other factor.
The logic of bankruptcy is "topsy-turvy" to the non-bankruptcy world. Actions that would be unwise out of bankruptcy can be recommended while you are preparing for a bankruptcy. Years of experience have proven without good counsel my clients will make expensive mistakes while going through this process. Good counsel saves you money, it does not cost money.
Many people do not look into the Chapter 7 Bankruptcy option because they believe that the new law passed in 2005 known as BAPCPA will keep them out. My experience has been the opposite. There are a few high earners with no real property for whom Chapter 7 is not an option, but the clients I see, the ones who earn a good salary and often have a high mortgage payment that pass the “Means Test” (the new hurdle under BAPCPA) without a stretch.
There are Means Test calculators on the internet that help you figure out if you qualify, but I know you’re better off to have an attorney such as myself who practices bankruptcy law exclusively and has intimate knowledge of the arcane details of the test to determine if you do or can pass the Means Test.
Did you know that if your house is worth less than your first mortgage that the second mortgage can be stripped of and paid off for even pennies on the dollar in a Chapter 13 case? Many of my clients qualify for this treatment and so making payments in a Chapter 13 is actually preferable to a Chapter 7 (with no payments) because the overall debt relief in a Chapter 13 is much higher. It only makes sense if you will stay in your home for a long time. If your situation is right for this and it coincides with your goals, then this can be an exceptional outcome for your case. Other unique situation like owing taxes makes a Chapter 13 preferable. See LeverLaw’s section on Chapter 13 Bankruptcy for further information.
We know you’re financially stressed and our legal services are designed to make it better, not worse. We offer free consultations in which we pull your credit report and credit score, predict what bankruptcy will do to your score using Credit Expert, and after learning the amount of work to be performed in your case make you a reasonable quote for services and representation. Bankruptcy fees are among the most affordable you will ever see when hiring an attorney. We are not a mill that hands you off to a paralegal and you never see your attorney after the first consultation. Steven Lever is engaged and in control at every stage of your bankruptcy case, pre-filing, during the pendency of the case and after the discharge order and your case is closed.
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