Bankruptcy Overview

Do you have problems paying your debts?
If the pressure of debts and creditor collections is getting to be too much to live with, you should really start thinking about your bankruptcy options. You have the right under federal law to file for bankruptcy relief from your creditors. Overall, bankruptcy is a legal proceeding designed to give a person an opportunity get a fresh financial start. Bankruptcy can be a very useful and effective process to deal with your financial problems but it is not the answer to all financial problems or the right step for everyone. We at Abbasi & Associates can guide you through the whole bankruptcy process and make sure you have the right information to make the right decision. The qualified and experienced attorneys at Abbasi & Associates can advise you about your rights under Chapter 7 bankruptcy, Chapter 13 bankruptcy, and Chapter 11 bankruptcy of the Bankruptcy Code. If bankruptcy isn't right for you, we can suggest other alternatives for bringing your financial problems under control.Overall, the only way to be sure bankruptcy is right for you is to discuss your situation with a qualified attorney as every case is different and the circumstances of every client is different. As such, please feel free to contact our office for a free consultation and we can discuss all your bankruptcy options with you.
Are you being threatened with wage garnishment, foreclosure or repossession?
As experienced Los Angeles bankruptcy attorneys, we are knowledgeable about effective strategies to eliminate or minimize debt problems. Through bankruptcy, our lawyers can help you:
- Stop any creditor action and stop creditors from harassing you
- Stop a foreclosure sale so that you can keep your home
- Stop a repossession so that you can keep your car
Is Bankruptcy the Right Option for You?
If you've come to realize that you're fighting a losing battle with your debt situation, contact our office. We have locations across California. We offer free consultations to discuss your financial situation, and we'll only recommend bankruptcy if our review of your case shows that you'll benefit from the process. We at Abbasi & Associates believe that bankruptcy is not for everyone. As such, any decision to file for bankruptcy relief should be based on a careful evaluation of your income, expenses, assets and liabilities. This will help us see whether you're eligible for Chapter 7 bankruptcy and the precise value of the discharge from indebtedness that you stand to get at the end of the case.Learn more about what debts you can discharge in bankruptcy.
We can figure out whether bankruptcy can help you with home mortgage problems or past-due car payments or wage garnishments - sometimes it will, sometimes it won't. If you're not eligible for debt discharge under Chapter 7 of the Bankruptcy Code, we can let you know whether a Chapter 13 bankruptcy petition can help you. Talk with Our Experienced Bankruptcy Lawyers We at Abbasi & Associates offer the full range of bankruptcy solutions, including Chapter 7 bankruptcy, Chapter 13 bankruptcy, and Chapter 11 bankruptcy for individuals and businesses. We are one of the few firms that is able to competently handle all types of bankruptcy. Bankruptcy should always be the last resort and our experienced attorneys can help you examine bankruptcy alternatives, such as debt negotiation, to resolve your financial problems.If you're ready to see whether bankruptcy might be right for you, we're ready to advise you. We offer comprehensive representation for people and business considering bankruptcy under Chapter 7, Chapter 13 or Chapter 11 across California. Please Contact our law firm for a free consultation with one of our experienced attorneys. Call (818) 888-6614. Our bankruptcy attorneys advise and represent individuals, married couples and small businesses from our offices in Los Angeles, Orange County and the San Francisco Bay Area.
We offer personal attention and customized advice to each of our clients. Whether your problem involves a mortgage about to go into foreclosure, the garnishment of your paycheck, or IRS collection action, we can advise you about your bankruptcy options and let you know what bankruptcy can or cannot do for you.
Our bankruptcy attorneys can also provide you with advice regarding how to:
- Handle a bankruptcy and divorce at the same time
- Preserve your assets in the face of creditors
Distinguished Bankruptcy Lawyers
Our bankruptcy attorneys are well qualified and experienced. They are also known in the legal community for being consummate professionals and great advocates for our clients.
Abbasi & Associates is a member of the National Association of Consumer Bankruptcy Attorneys (NACBA) and the Better Business Bureau (BBB). Our attorneys are also panel referral attorneys with the Los Angeles County Bar Association (LACBA), the San Fernando Valley Bar Association (SFVBA), Hyatt Legal Services and other referral boards. In sum, we are a trusted source for competent and skillful legal representation! Please look us up on LinkedIn and Avvo.
For more information about the scope of our bankruptcy practice and dependable advice about the key factors to consider in your bankruptcy decision, contact our bankruptcy law firm to schedule a free consultation at any of our four law offices. We represent clients across California and have offices in Los Angeles County, Orange County and the San Fernando Valley. We offer a free consultation with one of our qualified and experienced bankruptcy attorneys.
California Bankruptcy Lawyers
Getting the Most Out of Bankruptcy's Fresh Start We at Abbasi & Associates offer the full range of bankruptcy solutions, including Chapter 7 bankruptcy, Chapter 13 bankruptcy, and Chapter 11 bankruptcy for individuals and businesses. More on California Bankruptcy Lawyers ›Chapter 7 Bankruptcy Attorneys
Chapter 7 Debt Relief in California We at Abbasi & Associates offer the full range of bankruptcy solutions, including Chapter 7 bankruptcy, Chapter 13 bankruptcy, and Chapter 11 bankruptcy for individuals and businesses. More on Filing Chapter 7 Bankruptcy ›Chapter 13 Bankruptcy Attorneys
Chapter 13 Debt Reorganization We at Abbasi & Associates offer the full range of bankruptcy solutions, including Chapter 13 bankruptcy. At the Abbasi & Associates, our attorneys recommend Chapter 13 bankruptcy for people in a variety of situations when Chapter 7 isn't available... More on Filing Chapter 13 Bankruptcy ›Chapter 11 Bankruptcy Attorneys
Business Debt Reorganization Services in California The Abbasi & Associates offers experienced, knowledgeable and sophisticated bankruptcy advice and representation to sole proprietors, partnerships, limited liability companies, corporations and other business entities facing insolvency concerns. More on Filing Chapter 11 Bankruptcy ›Foreclosure Protection Attorneys
Are You Facing Foreclosure on Your Home? Debt problems are overwhelming. Any anxiety or pressure you've already felt is augmented exponentially when you receive the dreaded notice of foreclosure. More on Foreclosures and Bankruptcy ›Bankruptcy and Divorce Attorneys
Get Experienced Help When Facing Bankruptcy and Divorce In the poor state of today's economy, debt problems and divorce are very much intertwined. In fact, divorce is one of the leading factors in why people file for bankruptcy. However, it a divorce can complicate a bankruptcy and vice versa! More on Divorce and Bankruptcy ›Dischargeability Of Debt Through Bankruptcy
What Debts Can Be and Cannot Be Discharged in Bankruptcy? One of the strongest benefits of a Chapter 7 bankruptcy is its ability to discharge all or most of your debt (depending on the type of debt you have). More on Discharging Debt ›Related Links - Bankruptcy Overview | Chapter 7 Bankruptcy | Chapter 11 Bankruptcy | Chapter 13 Bankruptcy | Bankruptcy Lawyers CA | Foreclosures | Bankruptcy & Divorce | Discharging Of Debt