About Bankruptcy

• Eligibility
• When Should You Consider Filing?
• Chapter 7 Bankruptcy
• Chapter 13 Bankruptcy
• Fair Debt Collection Practice
• Warning on Debt Relief Services

• Bankruptcy’s Do’s and Don’ts
• The Facts That You Need To Know
• Mandatory Disclosures
• The Automatic Stay
• Exploring Your Options – Alternative to Bankruptcy
• Bankruptcy and Family Law

WHEN SHOULD YOU CONSIDER FILING?

Your decision to file bankruptcy should never be taken carelessly. For some, bankruptcy can provide immense relief and an opportunity to start over. For others, it is not the best option.

If you are experiencing urgent situation, such as a foreclosure, repossession or garnishment, it may be time to file for bankruptcy. When considering whether to file, ask yourself the following questions:

If you answer “YES” to any of the following questions, you may need to explore Bankruptcy:

• Are you getting harassing phone calls and letters from creditors?
• Do you have credit card debt that you cannot pay?
• Do you have medical bills that you cannot pay?
• Has a creditor filed a lawsuit against you?
• Is your credit report full of collection accounts, foreclosures, and repossessions?
• Are you borrowing money from one credit card to make payments on another?
• Are you facing a foreclosure?
• Is your total unsecured debt more than 50 percent of your take-home pay?
• Are you a real estate investor who needs to “walk away” due to poor market conditions?
• Are you being held responsible for a lease or for someone you co-signed for?
• Are you forced to buy necessities, such as food and clothing, on credit?
• Are you frequently late paying bills?
• Is financial stress causing problems with your health, marriage or work life?

Free Consultation

If you are stressed with overwhelming debt, consider filing bankruptcy to help you get back on the right track. Contact Lozano Law Offices to arrange an appointment and discuss your situation.  Attorney Crispin Lozano can help you weigh the pros and cons of filing bankruptcy. He will evaluate your financial situation and help you decide whether filing Chapter 7 or Chapter 13 is the best path for you. Call us at (510) 538-7188 to schedule a free initial consultation or contact us online. Attorney Crispin Lozano welcomes the chance to meet with you and discuss the specifics of your particular situation.