
Bankruptcy Mandatory Disclosures in California
Information Your Bankruptcy Attorney Must Tell You
Congress requires all bankruptcy attorneys to provide certain information to individuals, business owners, and corporations considering filing bankruptcy. At RHM LAW LLP, we thoroughly understand and comply with all bankruptcy laws. Below is an overview of some mandatory disclosures.
Contact our bankruptcy lawyers in Los Angeles today to get started.
Bankruptcy Relief Basics
Bankruptcy is a legal way for individuals and businesses to avoid paying their debts. The Bankruptcy Code is divided into chapters, with the most common being Chapter 7 and Chapter 13. In Chapter 7 bankruptcy, all or nearly all your debt is discharged, while in Chapter 13, you repay a portion of your debt over a period of time. Chapters 11 and 12 are also available.
Once you file bankruptcy, an automatic stay generally goes into effect. This means most lawsuits, foreclosures, repossessions, evictions, garnishments and creditor harassment must stop immediately.
Credit counseling is a mandatory part of filing bankruptcy. You must complete one course prior to filing bankruptcy and another after filing. The credit counselor must be approved by the Office of the U.S. Trustee.
You Are Not Required to Hire an Attorney
To pursue bankruptcy relief, you may file on your own, hire an attorney to represent you or seek the assistance of a bankruptcy preparer who is not a lawyer. By law, an attorney or bankruptcy preparer must provide a written document specifying what services he or she will provide and how much his or her services will cost you.
For More Information, Visit Our Offices for a Consultation
For a more detailed explanation of the mandatory bankruptcy disclosures, please schedule a 30-minute complimentary consultation with our Los Angeles bankruptcy lawyers. We welcome the opportunity to explain the bankruptcy process and answer any questions you may have.
From our offices in Los Angeles and Encino, we represent clients throughout Southern California. We meet with clients between 7:00 a.m. to 7:00 p.m., Monday through Friday. Weekend appointments are also available. Se habla español.
Schedule your 30-minute complimentary consultation with our firm when you call us at (213) 344-0043 today.

RHM LAW LLP
Meet Our Los Angeles Bankruptcy Specialists
-
M. Jonathan Hayes Senior Counsel
-
Matt D. Resnik | Partner Partner
-
Roksana D. Moradi-Brovia | Partner Partner
-
Russell J. Stong III | Associate Attorney Senior Associate Attorney, Los Angeles Office
-
W. Sloan Youkstetter | Associate Attorney Senior Associate Attorney, Los Angeles Office
-
David M. Kritzer Senior Associate Attorney, Encino Office

Client Reviews
What Clients Say About Working With Us
-
Matt is the best bankruptcy attorney in Sherman Oaks. I consulted with Matt over a chapter 7 bankruptcy. I had issues with overwhelming credit card debt after Chase increased it's APR for no reason. It set off a chain of events that were really hurting me. He made me feel like I had options, all was not lost, and I could rebuild my credit after the 7. I had some concerns about a piece of property I was having issues with and Matt also turned out to be a real estate lawyer as well! I recommend this office to anyone who is unsure of their financial situation. It doesn't hurt to find out your options.- Max B.
-
Dear Mr. Resnik: We wanted to thank you for your professional handling of our loan modification with GMAC mortgage. We are very happy that you were able to accomplish the modification of our loan in such a short period of time. Thank you again for your professional service.
- W and B Mejia -
This is to thank you for the exceptional work of you and your fine staff. In managing my bankruptcy and loan modification, a nearly five-year effort, your performance was stellar. I never felt alone or adrift, key concerns in those circumstances. The outcome was outstanding. As the dank blanket of economic uncertainty continues to depress the hopes of many of us, I keep your business cards and number available for others. Without hyperbole, I can attest that you are present a beacon. Thank you so much.- K.C.
-
Where to begin? I had a vile evil credit union repo my car over a misunderstanding, they wouldn't work with me even when I offered full payment plus repo fees (this was my first repo!) so I didn't know what to do. I met with a few lawyers but when I met with Simon he broke things down and gave me my options. I needed a car - so I filed BK and included the car to get it back. The evil credit union fought and Simon GOT ME MY CAR BACK!!! His team is amazing!!!! Maria Donna etc!!! These are top-notch pros that'll have your back. I cannot recommend them highly enough. Sincerely they saved my life. LA with no car!? ARGH!!!!!! *THANX ALL!!!!- Tim C.
-
I filed bankruptcy with this firm 3 years ago and found that they are professional, friendly, and compassionate. I also met with their loan modification department. Unfortunately, they were unable to help because of the type of loan that I have. I really appreciated that they did not lie, waste my time, or take my money in an attempt to modify a loan that was not doable. I've since used their firm for a couple of minor issues and found all of the attorneys to be knowledgeable and considerate. Attorneys Simon and Resnik are amazing!- Shannon J.
-
Was very impressed with the comprehensive professionalism of the firm, especially Matthew Resnik... I had suffered through the incompetence of two previous bk lawyers not to mention fees far greater than anticipated, without resolution. Having never gone through bk before, I did not realize how difficult it could be...then, my case was turned over to Mr. Resnik...almost immediately there was a marked positive difference. Where there was little to no communication, all of a sudden I am getting updates...regularly. Further, my case was finally discharged...yet, Mr. Resnik continues to communicate, offer assistance...and, has NEVER asked for additional fees, which I am sure he could have justified...much unlike the two previous attorneys with which I was dealing. I have no reservations, whatsoever, referring and recommending Matthew Resnik for any and all business or personal bk issues...or, other wise. I have no doubt that he will be transparent on helping you regardless of the problem. Good guy.. good firm... a wonderful experience!
- G.L -
Fantastic office! I want to thank Matt for taking his time with me and sincere in his assistance. He spent over an hour with me for free during our initial consult. I left knowing exactly what's needed. He not only saved my house but also got rid of all my debt. They are not your typical attorneys and their creativity really allowed me to do things that other attorneys never mentioned in previous consults. Affordable and Outstanding firm and thank you for all you have done! My family thanks you!- David K.
-
I needed a bankruptcy attorney in Sherman Oaks and found Matt Resnik on Google. He has one of the best-reviewed bankruptcy law firms on Yelp so I decided to check it out his law firm for myself. I quickly found out that they are foreclosure specialists and they could help me with my issue. They made the process very easy for me and laid out my options for me. I cannot thank them enough for helping save my home. I would recommend them for anyone that is thinking about filing for bankruptcy or foreclosure on their home. They are the best bankruptcy law firm in Sherman Oaks.- Joseph R.
-
Matt and his team are the best!! They were thorough, extremely knowledgeable, wonderful to deal with, thoughtful, and really helped guide me through what was one of the toughest times in my life. I never felt judged or looked down on. They were efficient and really were lifesavers during this tough time. I can not recommend them highly enough!!!!- Rusty H.

-
A Summary of Bankruptcy Law: Third Edition
-
Summary of Chapter 13