Best Bankruptcy Attorneys in Los Angeles

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Bankruptcy Attorneys FAQs

Learn more
A Bankruptcy Law firm Of Jasmin Firooz logo
Visit WebsiteWebsite

A Bankruptcy Law firm Of Jasmin Firooz

1605 West Olympic Boulevard Suite#9021, Los Angeles, CA 90015
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Jasmine Firooz Bankruptcy Law Firm provides its services to individuals and businesses in the Los Angeles metro and nearby areas. It advises and represents clients filing for a chapter 7 and 13 bankruptcy. These claims help debtors eliminate bank levies, collections, creditor harassment, garnishments, and lawsuits. As part of the process, the bankruptcy attorney reviews the clients' financial situation and assists them in choosing an appropriate option. The firm has been in practice for nearly 30 years.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.5 / 5 (32)
Yelp
5.0 / 5 (8)
Avvo
5.0 / 5 (7)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Alamdari Law logo
Visit WebsiteWebsite

Alamdari Law

25050 Avenue Kearny, Ste 205, Valencia, CA 91355
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Alamdari Law offers legal representation to individuals and families in Los Angeles and Ventura County. It helps clients in handling financial crises and bankruptcy, including credit card debt, unsecured debt, mortgage and automobile loans, and utility and medical bills. It covers Chapters 7 and 13 of the bankruptcy law and its exemptions listed under sections 703 and 704. Dariush Alamdari has conducted 18 jury trials to verdict and aims to give clients a fresh start by providing possible resolutions to their cases.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Aragon Law logo
Visit WebsiteWebsite

Aragon Law

1605 W Olympic Blvd #1045, Los Angeles, CA 90015
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Aragon Law represents individuals in Los Angeles. It has been offering bankruptcy and debt solutions for over 25 years. The firm is knowledgeable about navigating liquidation bankruptcy cases and renders legal advice on whether a client has eligibility for chapter 7 or 13 proceedings. It discusses the pros and cons of their recourse which may include the length of proceeding and the amount of asset which will remain protected. Aragon Law also assists clients in settling debts with their creditors.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)
Avvo
5.0 / 5 (3)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Bayer Wishman & Leotta logo
Visit WebsiteWebsite

Bayer Wishman & Leotta

1055 Wilshire Blvd #1900, Los Angeles, CA 90017
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement

Business Description

Bayer Wishman & Leotta is a Los Angeles-based bankruptcy law firm. Its attorneys, who are certified bankruptcy specialists, help qualified clients file chapters 7 and 13 petitions. They find solutions that would stop creditors from harassing debtors through processes like wage garnishment and foreclosure. The team also assists with emergency bankruptcy filing. Leon D. Bayer, the firm's founding partner, is a consumer rights advocate. He provides bankruptcy resources to people through publications and his bankruptcy advice column called “Ask Leon."

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Avvo
4.8 / 5 (56)
Yelp
5.0 / 5 (29)
Google
5.0 / 5 (25)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Borowitz & Clark logo
Visit WebsiteWebsite

Borowitz & Clark

100 N. Barranca Street, Suite 250, West Covina, CA 91791
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Credit Card Debt
  • Debt Settlement
  • Student Loan Debt

Business Description

Borowitz and Clark is a consumer bankruptcy law firm based in Los Angeles, with five offices located throughout Southern California. Attorneys advise clients on all available bankruptcy options, which generally include Chapter 7 and Chapter 13 filings, as well as debt negotiation and repayment programs for clients with outstanding student loans. Services address both secured and unsecured debts, allowing clients to choose between making payments on their debts or liquidating their assets.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Cal West Law logo
Visit WebsiteWebsite

Cal West Law

21800 Oxnard Street Suite 720, Woodland Hills, CA 91367
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy

Business Description

Serving Los Angeles and the surrounding areas, Cal West Law helps clients who are facing financial problems and are drowning in debt. It provides legal assistance in chapters 7 and 11 bankruptcy, foreclosure prevention, and debt settlement. It analyzes customers' current financial dilemmas and develops strategies that match their specific needs and situations. Ali Nader, the partner and head of the bankruptcy and foreclosure department at the firm, is a member of the NACBA.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Chekian Law Office logo
Visit WebsiteWebsite

Chekian Law Office

445 South Figueroa Street 31st Floor, Los Angeles, CA 90071
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Chekian Law Office is a full-service firm that represents clients in Los Angeles. It handles various types of bankruptcy cases, including chapters 7, 11, and 13 of the bankruptcy law. It also covers other areas, including stopping foreclosures, stripping of liens, resolution of tax disputes, and settlement of debts. It helps clients understand the pros and cons of their cases and gives advice on how to deal with their cases. This firm was founded in 1993 by Michael Chekian, who is also a real estate broker.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Frank Guilardi logo
Visit WebsiteWebsite

Frank Guilardi

1605 W Olympic Blvd Suites 9101-9102, Los Angeles, CA 90015
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy

Business Description

Servicing in the city of Los Angeles, Frank Guilardi is a criminal defense and bankruptcy attorney who provides legal assistance to clients within the community. Guilardi helps clients file chapter 7 bankruptcy to stop the foreclosure process, immediately stop collector calls, stop wage garnishments, and give them a fresh financial start. He also handles criminal defense cases, such as domestic violence, arrest warrants for tickets, protective order violations, and sexual molestation. He can fluently speak Spanish, English, and Italian languages.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Ghuman Law Firm logo

Ghuman Law Firm

1055 W 7th St Ste 3300, Los Angeles, CA 90017
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Chapter 11 Bankruptcy

Business Description

Ghuman Law Firm provides legal representation to clients in the Los Angeles metro area. It focuses on bankruptcy law, plaintiffs' employment, and business litigation. It handles all types of employment-related disputes, including discrimination, harassment, retaliation, whistleblower, and wage/hourly claims. A talented bankruptcy attorney in Los Angeles, founding attorney Pinky Ghuman is admitted to the State Bar of California, the U.S. District Court for the Central District of California, and the U.S. District Court for the Eastern District of California.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Kedikian Bankruptcy Law Firm logo
Visit WebsiteWebsite

Kedikian Bankruptcy Law Firm

220 South Kenwood St. #310, Los Angeles, CA 91205
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Kedikian Bankruptcy Law Firm provides legal assistance for residents in Los Angeles and nearby areas. Whether clients are facing home foreclosures or seeking debt repayment options, its team of attorneys offers help in filing chapters 7 and 13 bankruptcies. They have represented debtors before independent auditors and during US trustee audits. Roland Kedikian, one of the company's attorneys, has been exclusively practicing bankruptcy since 1997. He is a member of the Central District Consumer Bankruptcy Attorney's Association.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (38)
Avvo
5.0 / 5 (32)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Law Office of Marc Weitz logo
Visit WebsiteWebsite

Law Office of Marc Weitz

633 West 5th Street, Suite 2800, Los Angeles, CA 90071
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 11 Bankruptcy

Business Description

Since 2008, the Law Office of Marc Weitz has been providing legal services to clients across Los Angeles. The firm assists clients seeking to sell off their business through filing for chapter 7 bankruptcy. It also offers legal representation to clients in chapter 13 bankruptcy cases. The firm helps on matters like debt reorganization and payment term negotiation. Marc Weitz, the firm's attorney, has more than 10 years of legal experience. He is a former hedge fund trader with the financial services firm AIG.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Law Offices of Kelly K. Chang logo
Visit WebsiteWebsite

Law Offices of Kelly K. Chang

401 Shatto Place, #101, Los Angeles, CA 90020
Visit WebsiteWebsite
  • Debt Settlement
  • Creditor Representation

Business Description

The Law Offices of Kelly K. Chang serves clients across Los Angeles. It deals with a broad range of bankruptcy law cases, helping clients in stopping wage garnishment, bank account levies, foreclosures, legal judgments, and creditor harassment. It deals with personal and business dischargeable debts, including business, home equity, and personal loans as well as leases, negligence claims, and repossession deficiencies. Firm principal Kelly K. Chang also focuses on immigration law. She has written bankruptcy law columns that have been posted on Korea Daily.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Law Offices of Pauline Chernick logo
Visit WebsiteWebsite

Law Offices of Pauline Chernick

1605 West Olympic Boulevard, Suite 9015, Los Angeles, CA 90015
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

The Law Offices of Pauline Chernick represents clients with bankruptcy cases in Los Angeles. The firm aims to help clients take back control of their debts. It helps clients evaluate their situation and review their bills, loans, account statements, and credit reports. It assists clients with debt to file chapter 7 bankruptcy and represents them all throughout the case duration. The Law Offices of Pauline Chernick also delivers its services in Spanish. Its attorney, Pauline Chernick, has 30 years of legal experience.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (9)
Yelp
5.0 / 5 (2)
Avvo
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Law Offices of Sheila Esmaili logo
Visit WebsiteWebsite

Law Offices of Sheila Esmaili

11601 Wilshire Blvd # 500, Los Angeles, CA 90025
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

The Law Offices of Sheila Esmaili help individuals and businesses in Los Angeles and throughout California lower their debt and protect their assets. Principal attorney Sheila Esmaili represents debtors and creditors and practices chapters 7, 11, and 13 of the Bankruptcy Law; creditor's rights; adversary proceedings; and debt settlements and negotiations. She also offers a credit counseling program and debt consolidation service to avoid bankruptcy. Esmaili is the vice president of the Iranian American Bar Association.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Avvo
5.0 / 5 (34)
Yelp
5.0 / 5 (22)
Google
5.0 / 5 (13)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
O’Melveny logo
Visit WebsiteWebsite

O’Melveny

400 S Hope St Fl 18, Los Angeles, CA 90071
Visit WebsiteWebsite
  • Chapter 11 Bankruptcy
  • Corporate Restructuring

Business Description

O'Melveny is a bankruptcy law firm that was founded in 1885, in Los Angeles, California, and now has 15 offices around the world. Employing a team of restructuring litigators, the firm represents debtors, investors, lenders, and insurers navigate restructuring and bankruptcy matters. The meticulous bankruptcy lawyers in Los Angeles help investors find opportunities to purchase distressed businesses and certain assets. O'Melveny also assists clients with legal issues relating to data security, government affairs, and labor and employment.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Recovery Law Group logo

Recovery Law Group

871 Coronado Center Drive, Los Angeles, CA 89052
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

With every client served, Recovery Law Group aims to increase access to justice in the Los Angeles area. As a consumer protection law firm, it handles chapter 7 and chapter 13 bankruptcy filings. The law firm also provides legal solutions and tools under the statutes of the law such as The Fair Debt Collection Practices Act. Recovery Law Group's managing partner, Nicholas Wajda, has been in practice for over 13 years. To date, he has already filed 5,000 bankruptcy cases.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.9 / 5 (568)
Facebook
4.4 / 5 (14)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Sharf Law Firm logo
Visit WebsiteWebsite

Sharf Law Firm

6080 Center Dr # 600, Los Angeles, CA 90045
Visit WebsiteWebsite
  • Chapter 11 Bankruptcy

Business Description

Sharf Law Firm practices bankruptcy and related litigation matters in the Los Angeles area and nearby communities. Mark Sharf develops legal solutions to mitigate risks while enforcing rights. He counsels and represents clients in various aspects of chapter 11 bankruptcy cases. Additionally, he handles patents and copyright matters and argues cases nationwide. Sharf has been practicing law for over 30 years. He was a speaker on trial advocacy at the California Bankruptcy Forum in 2016.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Avvo
5.0 / 5 (2)
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Sternberg Law Group logo
Visit WebsiteWebsite

Sternberg Law Group

5757 Wilshire Blvd #345, Los Angeles, CA 90036
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Sternberg Law Group helps individuals from the Los Angeles metro keep their homes. The legal office assists clients in reaching debt solutions by helping them understand and file chapter 7 or chapter 13 bankruptcy. Its team tailors its legal strategies to its customers' unique financial needs and situations. The firm also offers a range of home retention options and personal injury law assistance. Joshua Sternberg has been aiding families to avoid foreclosure and achieve financial freedom since the 2008 financial crisis.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.9 / 5 (113)
Avvo
4.9 / 5 (48)
Yelp
4.5 / 5 (39)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Grande Law Firm logo
Visit WebsiteWebsite

License Verified:

License: 266549

The State Bar of California

The Grande Law Firm

3812 Sepulveda Boulevard, Torrance, CA 90505
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Chapter 11 Bankruptcy

Business Description

The Grande Law Firm offers legal services to clients in Los Angeles. The firm's licensed bankruptcy lawyers assist clients to resolve bankruptcy issues through legal methods, including identifying the kind of bankruptcy the client is experiencing and organizing a payment plan that fits their income levels. The firm also offers services in securing family-based immigration and procuring investor visas. The Grande Law Firm is a member of the National Association of Consumer Bankruptcy Attorneys.

License Verified:

License: 266549

The State Bar of California

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (53)
Yelp
5.0 / 5 (2)
Avvo
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Law Office of Richard T. Baum logo
Visit WebsiteWebsite

The Law Office of Richard T. Baum

11500 W Olympic Blvd Ste 400, Los Angeles, CA 90064
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement
  • Chapter 11 Bankruptcy

Business Description

The Law Office of Richard T. Baum serves clients in the Los Angeles metro and the surrounding areas. The firm handles chapters 7, 11, 12, and 13 bankruptcy petitions to assist clients in securing family protection during financial difficulties. In addition, it accommodates clients who are dealing with debt settlement, identity theft, and online security cases. The firm's founding attorney, Richard T. Baum, is a member of the American Bankruptcy Institute and the American Society of International Law.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Avvo
5.0 / 5 (4)
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Tran Bankruptcy Law logo
Visit WebsiteWebsite

Tran Bankruptcy Law

215 West Pomona Boulevard, Monterey Park, CA 91754
Visit WebsiteWebsite
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Student Loan Debt

Business Description

Tran Bankruptcy Law serves clients in the Los Angeles area. A veteran of the United States Army, Rex Tran is a bankruptcy attorney who helps clients file for either chapter 7 or chapter 13 bankruptcies, depending on the case. Chapter 7, or liquidation bankruptcy, involves selling any non-exempt property to pay off creditors, while chapter 13 bankruptcy involves restructuring, where clients are given a 3- or 5-year repayment plan.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Avvo
5.0 / 5 (44)
Google
5.0 / 5 (13)
Facebook
5.0 / 5 (6)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

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?

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.

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.

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.

Read All FAQS