Can anyone file bankruptcy?

Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.

How bad is it to file bankruptcy twice?

<p dir="ltr" style="line-height:1.2;margin-top:9pt;margin-bottom:9pt;">Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.</p><p dir="ltr" style="line-height:1.2;margin-top:9pt;margin-bottom:9pt;">Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.</p>

Can they take my car in Chapter 7 bankruptcy?

In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.

6 Best Bellflower Bankruptcy Attorneys

Bankruptcy Attorney

554 South San Vicente Boulevard, Los Angeles, CA 90048

Visit Website

Chapter 7 Bankruptcy
Debt Settlement

Bankruptcy Attorney is a firm that helps Bellflower clients in cases like chapter 7 and 13 bankruptcy, 341 hearings, home foreclosures, vehicle repossessions, and wage garnishment. The lawyers of this firm provide an understanding of what type of bankruptcy to file, properties that can be saved, and any applicable exemptions. It also helps couples dealing with divorce-related bankruptcy. Laleh Ensafi, the managing attorney of this firm, has been in practice for over 10 years. She represents both debtors and creditors.

Visit Website

Law Office of David P. Farrell

555 East Ocean Boulevard, Long Beach, CA 90802

Visit Website

Chapter 7 Bankruptcy
Chapter 13 Bankruptcy

The Law Office of David P. Farrell serves clients in the Bellflower area and handles bankruptcy cases involving Chapter 7 and Chapter 13 filings. It also handles debt negotiation and settlement as well as creditor harassment cases. Aside from its work on bankruptcy cases, Farrell's office works with clients who need real estate law help for foreclosures and trespassing disputes, as well as deed and title transfers. Both In-person and virtual consultations are available.

Visit Website

Law Office Of Stewart Lim - Long Beach

100 Oceangate, Long Beach, CA 90802

Visit Website

Chapter 7 Bankruptcy
Chapter 13 Bankruptcy

The Law Office of Stewart Lim in Long Beach is a bankruptcy law firm serving the Bellflower metro. The firm is headed by Stewart Lim, who has been practicing for over 19 years and focusing on personal injury and overcoming debts. The firm primarily provides chapter 7 and chapter 13 filings in order to assist clients from collection agencies and creditors who would attempt to hold their properties. The Law Office of Stewart Lim aims to preserve its clients' assets by proper representation.

Visit Website

Law Offices of Alisa Admiral, APC

5150 Pacific Coast Hwy Ste 200, Long Beach, CA 90804

Visit Website

Chapter 7 Bankruptcy
Chapter 13 Bankruptcy

Law Offices of Alisa Admiral APC is a law firm that operates in the Bellflower area and focuses on bankruptcy law. Solo practitioner Admiral is experienced representing individuals in Chapter 7 and Chapter 13 consumer bankruptcy cases. She works toward stopping or preventing foreclosures, lawsuits, garnishments, and bank levies, and she protects clients from creditor harassment and collection calls. Law Offices of Alisa Admiral offers initial evaluations free of charge.

Visit Website

Law Offices of Nicholas Gebelt

15150 Hornell Street, Whittier, CA 90604

Visit Website

Chapter 7 Bankruptcy
Chapter 13 Bankruptcy
Debt Settlement
Chapter 11 Bankruptcy

The Law Offices of Nicholas Gebelt is a bankruptcy law firm that serves clients in Bellflower, Whittier, and the surrounding metro areas. Principal attorney Nicholas Gebelt is a board-certified bankruptcy law specialist in the state of California. He has a doctorate in mathematics and is a former math professor. He uses this experience to help people struggling with personal debt and businesses experiencing financial troubles. Additionally, he guides clients through the complexities and technical aspects of chapters 7, 11, or 13 bankruptcy.

Visit Website

Law Offices of Raymond Perez

11445 Paramount Boulevard, Downey, CA 90241

Visit Website

Chapter 7 Bankruptcy
Chapter 13 Bankruptcy

The Law Offices of Raymond Perez has represented residents in bankruptcy cases near Bellflower for more than 25 years. The firm helps clients file Chapter 13 bankruptcy to protect their homes against foreclosures and restructure their loan and mortgage payments. Focusing on Chapter 7, it assists clients in making a new financial start by discharging unsecured debts, including medical bills, lawsuits, and credit cards. The Law Offices of Raymond Perez also helps clients explore appropriate debt relief options.

Visit Website

Best Bankruptcy Attorneys in Bellflower

We did the research for you!

Bankruptcy Attorneys FAQs

Bankruptcy Attorney

Law Office of David P. Farrell

Law Office Of Stewart Lim - Long Beach

Law Offices of Alisa Admiral, APC

Law Offices of Nicholas Gebelt

Law Offices of Raymond Perez

Frequently Asked Questions

Q: Can anyone file bankruptcy?

Q: How bad is it to file bankruptcy twice?

Q: Can they take my car in Chapter 7 bankruptcy?

Wrong city? Here are some nearby places:

Other top picks in your area