Best Bankruptcy Lawyers Hawthorne, CA

Hawthorne, CA Bankruptcy FAQs

• Where do I file for bankruptcy in Hawthorne, California?

  If you want to file for bankruptcy in Hawthorne, you would need to visit the U.S. Bankruptcy Court for the Central District of California. The specific location for filing in this district is the Los Angeles Division, which serves the awthorne area. The courthouse is located at Edward R. Roybal Federal Building and Courthouse, 255 East Temple Street, Los Angeles, CA 90012-3332. For more information, visit the websites https://www.cacb.uscourts.gov/ and https://www.cacb.uscourts.gov/court-locations/los-angeles.

• Where can I get bankruptcy forms in Hawthorne, California?

  You can access the different types of bankruptcy forms in Hawthorne through the official website of the U.S. Bankruptcy Court for the Central District of California (https://www.cacb.uscourts.gov/forms-overview)

• What is the duration for a bankruptcy record to remain on your credit report in Hawthorne?

  In Hawthorne, a bankruptcy history can stay on your credit report for up to 10 years. Credit bureaus often keep track of Chapter 7 and Chapter 13 bankruptcies throughout this time, as well as collection activity, late payments, and legal actions. It's important to keep in mind that, despite having a bankruptcy on your record, you can still attempt to repair your credit.

• Can you keep your life insurance policies and retirement accounts after filing for bankruptcy in Hawthorne?

  Yes, even after declaring bankruptcy in Hawthorne, you are usually able to retain your life insurance policies and retirement accounts with cash value. These assets are typically protected from creditors during the bankruptcy process. To obtain the most accurate and up-to-date information regarding the protection of your life insurance policies and retirement accounts, you can consult with a local bankruptcy attorney to help you throughout the proceedings.

• How can you stop foreclosure in Hawthorne?

  You can stop a foreclosure in Hawthorne by filing for either Chapter 13 or Chapter 7 bankruptcy. An automatic stay is issued when you file for bankruptcy, which binds creditors to stop all collection efforts, including foreclosure. The stay gives you a temporary break from foreclosure proceedings so you can assess your financial status and explore your choices. The stay delays the foreclosure sale by around three to four months.

• Are there any exemptions for an automatic stay in Hawthorne?

  Yes, there are exemptions to the automatic stay in Hawthorne. By submitting a motion to lift the stay, the lender can request authorization from the bankruptcy court to hold the foreclosure sale. In such cases, the full three to four months of the automatic stay may not be granted. But even if the request is granted, the bankruptcy procedure would often still delay the sale for at least two months.

• What are the most common debts discharged by filing a bankruptcy case in Hawthorne?

  When filing for a bankruptcy case in Hawthorne, several common debts can be discharged, including unpaid medical expenses, credit cards, unpaid payday loans, past due federal income taxes, and court orders filed against you. Other dischargeable debts involve unpaid phone, cable, and utility bills as well as outstanding balances from repossessions, foreclosures, and broken leases.