I have been representing clients in Long Beach bankruptcy cases for 37 years. I started my own law firm office in Long Beach in 1989. My Long Beach bankruptcy law office will provide you with a completely free consultation. We will not recommend bankruptcy unless you need it.
Long Beach Bankruptcy Cases
People come to us for many reasons. But they all need help. Debt problems come in a wide variety. Clients also have different levels of knowledge and understanding. We will help anybody who needs us.
Our No Hassle Way to Get Free Help Right now
Maybe you need to call a lawyer just to ask a few preliminary bankruptcy questions? That’s fine with us. You don’t need to come in. Just pick up the phone and dial. It is a free service. Call us, toll free at (800)-477-3111. You will speak with Jeff Wishman or with Leon Bayer. We are glad to take your call.
People feel scared by the word “bankruptcy” because they got wrong information about the way it works.
There is so much information about bankruptcy rattling around in the media. Much of it is wrong. A lawyer should explain exactly how bankruptcy really works.
We make sure you know what to expect during and after your case. If you ave been reading our free bankruptcy Ebook and this blog you already know a great deal. For now, let’s take a brief look at how bankruptcy works.
Long Beach bankruptcy explained. The process is not difficult for most people.
Bankruptcy begins with the filing of a Petition. That happens in the Federal bankruptcy court. You will be seeking relief under one of the various chapters of the Bankruptcy Code. Of course there are other important papers and forms that must be filed at the same time.
Branches of the bankruptcy court are located in almost all major cities. Under the bankruptcy law, people are referred to as “individuals” or “persons” to distinguish them from corporations or other business organizations.
The Automatic Stay Protects You From Creditors
The moment the Petition is filed, bankruptcy law imposes an Automatic Stay which operates as a restraining order against the creditors. In most cases this stops bill collectors from bothering you, lawsuits, foreclosures, even the IRS. It creates a cooling off period while the court system sorts things out.
When a bankruptcy is successfully completed, the court issues a Discharge. A Discharge is a permanent order from the court. It stops creditors from trying ever again to collect on a debt that has been discharged.
The Differences Between Chapter 7 and Chapter 13 Bankruptcy
Most individuals seek relief under one of the two predominant kinds of bankruptcy cases. These are called Chapter 7 and Chapter 13. Chapter 7 bankruptcy may allow you to be legally excused from repaying most types of debts (but there are certain exceptions.)
Chapter 13 is generally described as Reorganization. In a Chapter 13 Reorganization, a person pays some or all of his or her debts under a structured payment Plan. Your plan is carried out under court protection and supervision. The Plan term is usually between 3 to 5 years. After completion you receive a discharge. All debts handled under the plan are resolved according the specific Plan terms.
We Opened Our Long Beach Bankruptcy Office in 1989
There are caring professionals at Bayer, Wishman & Leotta who will explain how bankruptcy might work for you. Our job is to ensure that your financial future will make sense and be full of hope. So bring your questions to us and we will make sure you get common sense answers that you can understand. We hope you will consider us if you need to file bankruptcy in Long Beach.
Bayer, Wishman & Leotta is a full service bankruptcy firm. We have offices in Long Beach, Downtown Los Angeles, and the San Fernando Valley. Our attorneys are Certified Specialists in consumer and small business bankruptcy and you may reach us at (800) 477-3111.
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