Chapter 7
Chapter 7 Bankruptcy Lawyer in Roseville, CA
At Duran Law Office, P.C. in Sacramento, you can find the debt relief that will help you move on with your life. If you are buried under medical or other bills, speak to an attorney who can help you protect your assets, stop aggressive debt collectors, and give you more peace of mind. A chapter 7 bankruptcy will stay on your credit report for 10 years, so we can help you decide if it is the right answer for you. Your lawyer will discuss the financial means test with you to ensure you do qualify. Every situation is unique, however this type of debt relief often allows you to keep your home and personal vehicle.
Chapter 7 for Businesses in Roseville and the
Entire Metro Area
A small business has three options when they are in financial distress. Liquidation, or chapter 7 for businesses, is the most extreme case. Another option is Ch. 13, or reorganization for small businesses. In a Ch. 7, the court appoints a trustee over the business to liquidate the business’ assets to pay off the debts. Businesses facing this decision should hire a skilled bankruptcy attorney.
Financial Means Test
The means test determines if you qualify for chapter 7. It is a complex formula based on your monthly income, expenses and the median range for income in your region. Every case is different. An attorney can provide the information you need to determine the best course of action for your situation.
Don’t Stress Any Longer, We Can Help
Talk to a Ch. 7 lawyer from Duran Law Office, P.C. to get information about your situation. Call 916-779-3316 to make an appointment for a consultation in Sacramento and Roseville. Whether you need more information or a chapter 13 bankruptcy lawyer, we can help.