Best Bankruptcy Lawyers Hollywood, CA

Hollywood, CA Bankruptcy FAQs

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

  You can file for bankruptcy in Hollywood through the Bankruptcy Court for the Central District of California. Its Los Angeles Division is located at Edward R. Roybal Federal Building and U.S. Courthouse, 255 East Temple Street, Los Angeles, CA 90012.

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

  You can access bankruptcy forms online through the website of the Bankruptcy Court for the Central District of California, www.cacb.uscourts.gov/forms-overview.

• How much do bankruptcy attorneys charge per hour in Hollywood?

  Most bankruptcy attorneys in Hollywood charge around $460 per hour. Depending on the type and complexity of the case, California lawyers may charge a fee ranging from $100 to $700 per hour. Some attorneys may also charge a flat fee or contingency fee. Additionally, rates may vary depending on the attorney's level of expertise and years or decades of experience.

• How long does the bankruptcy process take in Hollywood?

  In Hollywood, it could take around three to four months to file for Chapter 7 bankruptcy, while Chapter 13 often takes around three to five years. Generally, Chapter 13 takes a longer period to process as it involves the reorganization of debts and repayment plans while Chapter 7 only entails liquidation of assets to pay for debts. The duration may also vary depending on the complexity of the case and your financial circumstances.

• Can a bankruptcy discharge be denied in Hollywood?

  In some cases, a bankruptcy discharge can be denied in Hollywood. Fraudulently destroying property, making false claims, and removing financial records are some of the reasons why a discharge could be denied. Other reasons include failure to obey a court order, previous bankruptcy discharge, and failure to complete the financial management course.

• How many times can you file for Chapter 13 bankruptcy in Hollywood?

  Although there are no limits set on how many times you can file for bankruptcy, you have to wait for a certain interval period between each petition. If you previously filed for Chapter 13 and want to do so again, you have to wait two years from the date you filed the last one. Similarly, if you have filed and received a discharge under Chapter 7 bankruptcy, there should be a gap of four years from the date of the previous filing before you petition for Chapter 13.

• How long do you have to live in Hollywood to use bankruptcy exemptions?

  To utilize California bankruptcy exemptions, you should have lived in Hollywood for at least two years or 730 days at the time of your filing. You will have to choose between exemptions indicated in sections 703 and 704 if you meet the residency requirements. If you do not meet the requirements, you will follow the federal bankruptcy exemptions.