Bankruptcy Attorneys in Los Angeles Helping You Protect Your Property
A lien is a secured property right owned by a creditor in a piece of property such as a house or a car. If you are considering filing for bankruptcy and have liens against your property, it is very important to consult with an experienced bankruptcy lawyer.
At Resnik Hayes Moradi LLP, our attorneys will work with you personally to determine how liens on your property will be affected in a bankruptcy. We are committed to helping you resolve your debt problems while keeping your property.
For a 30-minute risk-free consultation with a Los Angeles bankruptcy lawyer, call us at (213) 344-0043. It could be your first step on the road to debt relief.
Liens & Bankruptcy
Many people who file for bankruptcy are surprised to learn that even after their debt is discharged, the liens on their property have survived. Liens typically survive bankruptcy, as long as they are perfected (a notice of the lien has been properly recorded).
Before filing for bankruptcy, it is important to identify all liens you have on your property. In some cases, it is possible to negotiate with a lien holder prior to bankruptcy so that the lien can be removed. If a lien is not perfected, the loan may be considered unsecured and be dischargeable in bankruptcy.
When a lien survives bankruptcy, it is important to keep up to date on payments, or the property may still be seized.
To get a full understanding of how bankruptcy will affect liens on your property, it is important to consult with an experienced bankruptcy lawyer in Los Angeles. Our offices are open weekdays from 7:00 a.m. to 7:00 p.m., and we serve clients in the Los Angeles area and San Fernando Valley through offices in Sherman Oaks and Los Angeles.
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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.- 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.- 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.- Joseph R.
These are top-notch pros that'll have your back. I cannot recommend them highly enough.- Tim C.
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.- Rusty H.