Chapter 7 Bankruptcy
The main purpose of a Chapter 7 bankruptcy is to provide you with a "fresh start" from most of your debts. Some of the types of debts that may be eliminated in a Chapter 7 bankruptcy are:
•Credit Card Debts
•Medical Bills
•Personal Loans
•Deficiency Balance Owed on a Repossessed Vehicle
A prime candidate for a Chapter 7 bankruptcy is an individual who has little or no equity in real property (i.e. house/land) or personal property (i.e. vehicle), earns only enough income to pay for his/her necessary living expenses, and falls below the median income in California. When filing a chapter 7 bankruptcy, an individual who is financing a house and/or vehicle may keep their house and/or vehicle as long as he/she remain current on their monthly payments.
My office is conveniently located in Woodland Hills, CA. I represent Chapter 7 Debtors all across Southern California, including, but not limited to Arleta, Burbank, Calabasas, Canoga Park, Chatsworth, Encino, Glendale, Granada Hills, Lake View Terrace, Los Angeles, Mission Hills, North Hollywood, Northridge, Pacoima, Panorama City, Porter Ranch, Reseda, Riverside, San Fernando, Sherman Oaks, Studio City, Sun Valley, Sunland, Sylmar, Tarzana, Tujunga, Van Nuys, Winnetka, and Woodland Hills.
Girgis Law Firm - A name you can trust.
CLICK HERE to contact me or call (818) 986-5000 for your free consultation with me, an experienced bankruptcy attorney.
What you need to get started to file a Chapter 7 bankruptcy:
• Your paystubs for the last six months (if applicable)
• Your most recent creditor statements (i.e. credit card bills, medical bills, loan statements, etc.)
• Your most recent bank statements from all financial institutions
• Your tax returns for the last two years
Chapter 7 bankruptcy