Filing for Bankruptcy in California
Experienced Bankruptcy Lawyers in Santa Clarita
If you are in a financial situation that seems dismal, you need to hold
onto hope. There are solutions available to you that might be able to
eliminate your debts, get creditors off your back, and keep your credit
One of the most frequently-sought resolutions to fiscal woes is to file for
bankruptcy. Although it is common, filing for bankruptcy in California is not necessary
easy or straightforward. There are plenty of legal pitfalls and complications
that need to be addressed by a professional to ensure nothing goes wrong.
If you are thinking of filing for bankruptcy,
contact The Werner Law Firm today to work with a team of compassionate and knowledgeable Santa Clarita bankruptcy
Steps for Filing for Bankruptcy in CA
Bankruptcy means test: You will first have to complete this test to determine if you even qualify
for a form of bankruptcy. If you do, you may proceed. If you do not, there
might be other options available to you. Call
888.630.9902 to learn more.
Gather documentation: There are a few things that you want to itemize to make this process smoother.
If you cannot locate some items, you should work with a professional attorney
to figure out what is missing.
- Sources of income
- Major transactions for the last two years
- Monthly expenses (necessities)
- All forms of debt
- Real estate property, assets, and possessions
- Tax returns for the last two years
- Car titles
Determine exemptions: In many cases of bankruptcy, some items will be exempt from collection.
Some items that might ultimately be considered exempt include:
- Automobiles (when necessary for travel)
- Certain retirement funds
File: A two-page petition and a stack of other forms will need to be filed with
your district bankruptcy court (see below). Get a lawyer to double-check
everything for completion and errors. One mistake could send you back
to the beginning.
Help When You Need It Most
Correctly filing for bankruptcy could mean serious and immediate relief
for you, your family, and your business. Incorrectly filing or failing
to do so at all might spell further financial troubles. To get yourself
started on the right track,
contact our Santa Clarita bankruptcy attorneys today and request a
free initial consultation.
Where are the bankruptcy courts in Southern California?
Los Angeles Bankruptcy Court
255 East Temple St.
Los Angeles, CA 90012
Riverside Bankruptcy Court
3420 Twelfth St.
Riverside, CA 95201
Santa Ana Bankruptcy Court
411 W. Fourth St.
Santa Ana, CA 92701
Santa Barbara Bankruptcy Court
1415 State Street
Santa Barbara, CA 93101
Woodland Hills Bankruptcy Court
21041 Burbank Blvd.
Woodland Hills, CA 91367