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 Resnik Hayes Moradi 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 risk-free 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 Sherman Oaks, 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 risk-free consultation with our firm when you call us at (213) 344-0043 today.
Resnik Hayes Moradi LLP
Meet Our Los Angeles Bankruptcy Specialists
Testimonials
See What Our Clients Have to Say
-
Without the support of pro bono attorneys we couldn't do all the work we need to do, and your firm in particular is outstanding.
“Thank you for your great work on behalf of Ms. Johnson. Without the support of pro bono attorneys we couldn't do all the work we need to do, and your firm in particular is outstanding.”
- Skip K. -
Was very impressed with the comprehensive professionalism of the firm...
“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 ...”
- G.L -
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.
“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 ...”
- David K. -
He negotiated on my behalf with a credit card company and was able to settle with them for much lower than I could have on my own.
“I worked with David Kritzer at this firm, and he was great. He negotiated on my behalf with a credit card company and was able to settle with them for much lower than I could have on my own thanks to ...”
- Kelly S. -
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.
“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 ...”
- Joseph R.
We Wrote the Book on Bankruptcy
Get Your Copy Today
Committed to making the process as stress-free as possible for our clients, our Los Angeles bankruptcy attorneys and dedicated staff will handle everything for you. From filling out paperwork through getting end results, we will work to help your case run smoothly and efficiently. We serve our clients in English, Spanish and Farsi.
