Your Bankruptcy Rights in the United States
Article I, Section 8, of the United States Constitution authorizes Congress to enact "uniform Laws on the subject of Bankruptcies." A fundamental goal of bankruptcy laws enacted by Congress is to give debtors a financial "fresh start" from their burdensome debts. The Supreme Court solidified the purpose of bankruptcy laws in a 1934 decision when it stated:“[Bankruptcy] gives the honest but unfortunate debtor… a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt.” Local Loan Co. v. Hunt, 292 U.S. 234, 244 (1934). This Congressional goal is accomplished through the bankruptcy discharge process, which releases debtors from personal/business liability from specific debts and prohibits creditors from taking any action against the debtor to collect those debts.
Depending on a business’ or an individual’s financial situation, there are several options in filing for bankruptcy for the debtor i.e. Chapter 7 (Entitled Liquidation), Chapter 11 (Entitled Reorganization), Chapter 13 (Entitled Adjustment of Debts of an Individual with Regular Income).
Don’t let your fears of filing for bankruptcy hinder your ability to protect yourself, your family and your property by either discharging debts and/or your business assets and liabilities so you are profitable again. Whether you are a business owner or an individual who can no longer sustain your current financial obligations because of over-burdensome debt, down economic times, death, injury, or unemployment, the attorneys and legal staff at Khansari Law Corp., APC can help.
Chapter 7, 11 and 13 Lawyers – Offering a Full Range of Bankruptcy Solutions
At Khansari Law Corp., APC, our experienced staff and attorneys have successfully helped clients file for personal and business bankrupty protection. We also aid clients explore alternatives to bankruptcy such as business debt workouts, credit card and other debt restructuring. At Khansari Law Corp., APC, our experienced staff and attorneys will outline your bankruptcy options and/or alternatives to bankruptcy to help you achieve the financial freedom that you now seek.
Come Visit Us
Los Angeles Bankruptcy Attorney
Southern California Bankruptcy Lawyer
From our convenient location in Los Angeles, Khansari Law Corp., APC offers a full range of bankruptcy solutions, including filing under Chapter 7 (Debt Liquidation), Chapter 11(Business or High Net Worth Individual Reorganization), Chapter 13 (Personal Reorganization) and alternatives to bankruptcy for individuals and businesses in financial distress. Depending on your situation, the attorneys and staff at Khansari Law Corp., APC can help you explore your options.
It is important to have an attorney who is experienced in the intricacies of Bankruptcy Law, cares about your situation, and can make the process as simple and painless as possible. At Khansari Law Corp., APC, our staff is committed to doing just that. Our firm handles complex and routine bankruptcy matters which include, but not limited to, the following matters:
- Creditor Lawsuits;
- Adverse Judgments;
- Wage Garnishments as a Result of Failure to Pay Outstanding Debts;
- Harassing Creditor and Collection Agency Calls;
- Stopping Foreclosure Actions and Saving your Home;
- Creditor Lawsuits; AND
- Loan Modification Rejections.
To discuss your immediate legal needs and future financial goals with the experienced attorneys and staff at Khansari Law Corp., APC, please do not hesitate to call our offices at (424) 248-6688. You may also e-mail us at firstname.lastname@example.org to answer any of your questions or to request a consultation to discuss your bankruptcy or alternatives to bankruptcy options.