Los Angeles Bankruptcy Lawyers - Borowitz and Clark

Borowitz & Clark, LLP is a leading consumer bankruptcy law firm in California with offices in West Covina, Glendale, Ontario, Palmdale, Torrance, and Santa Fe Springs. Barry Borowitz and Erik Clark, are both board-certified consumer bankruptcy specialists as certified by the American Board of Certification. We will work with you to make sure you understand your options and the bankruptcy process and we will fight to make sure you get the most out of your bankruptcy.

Chapter 7 Bankruptcy

When you file for Chapter 7 bankruptcy, you turn over your nonexempt property to a court-appointed bankruptcy trustee. The trustee sells this property and gives the proceeds to your creditors in payment of your debt. California offers two different sets of exemptions, each of which will protect the majority of your property. In most cases, all the assets are protected and the debtors lose nothing but their debt. In other words, you will likely keep all of your belongings.

Chapter 13 Bankruptcy

If you have a steady source of income, you may be able to file for Chapter 13 bankruptcy. Chapter 13 bankruptcy cases still get the benefit of the automatic stay, but none of your property is sold. Instead, you work with the court and your creditors to create a payment plan that will last for three to five years. The court will consider your living expenses and make sure that the payment is reasonable; it is based on what you can pay and not on what you owe. Chapter 13 gives you the time and protection of the court to catch up on your finances.

Our attorneys and staff treat each case with the compassion and dignity that each of our clients expect and deserve. Borowitz & Clark have represented over 40,000 people through the bankruptcy process, and our partners have gained national recognition for their work helping Californians rebuild their financial lives. We offer solutions both inside and outside of bankruptcy. Let us use our knowledge to help you deal with your debt.

For more information contact us at https://www.borowitzclark.com/our-offices/west-covina-bankruptcy-attorney/

Head Office Address :

West Covina

100 North Barranca Suite 250

West Covina, CA 91791

United States (US)

Phone: Phone: (626) 430-9717