If you’re stricken with high amounts of debt, filing Chapter 7 bankruptcy may be the most effective way to protect yourself from the harassment of creditors and get the fresh start you need.
At Reid & Hellyer, APC. our Riverside Chapter 7 bankruptcy attorneys are ready to assist you in filing for Chapter 7 bankruptcy and end the harassing phone calls. We’ve helped numerous clients throughout Riverside and San Bernardino counties absolve themselves of their debt and can do the same for you. Advantages to filing Chapter 7 with Reid & Hellyer, APC include:
- Gaining a better understanding of the laws governing Chapter 7 bankruptcy filings
- Helping you to analyze your debt
- Making the determination whether bankruptcy is the right solution for your situation
- Assuring you are eligible for filing Chapter 7
- Reaffirming your secured debts
- Getting you the assistance in filing all of the necessary Chapter 7 bankruptcy forms
- The resources of a full-service law firm with multiple attorneys in related practice areas
The Chapter 7 Bankruptcy Process to Eliminate Credit Cards and Other Debt
Beyond guiding you through the Chapter 7 bankruptcy process, Reid & Hellyer’s Riverside Chapter 7 bankruptcy attorneys will instruct you as to the best course of action to take. Chapter 7 is not for everybody, and there are numerous factors that need to be considered. No matter what your situation may entail, you can always trust Reid & Hellyer to provide the honest legal counsel that will help you get a hold on your debt.
If you wish to terminate unsecured debt like credit cards, payday loans, some personal loans, utility and medical debt, filing bankruptcy under Chapter 7 may be an option for you to pursue.
Chapter seven bankruptcy is usually a viable option for those with a lot of unsecured debt and little income; however, not everybody can file for Chapter 7. If filing Chapter 7 is something you’d like to pursue, you will have to take the Chapter 7 means test to see if you qualify.
The Chapter 7 means test is a formula determining whether your income is low enough for your debts to be discharged. The means test involves two steps:
- First Step: Compare your income to the median income in your state. Generally, if you “pass” the first step, moving on to the second step is not necessary.
- Second Step: Compare your disposable income and your unsecured debt.
Discover California’s median income and talk with one of our Riverside Chapter 7 bankruptcy lawyers to see whether you qualify to file bankruptcy under Chapter 7.
But even if you don’t “pass” the Chapter 7 means test, you may still qualify to file a Chapter 13 bankruptcy and work to repay your debt (interest-free) over a period of time.
At Reid & Hellyer, your Chapter 7 bankruptcy will be handled by some of the most-experienced and reputable Riverside bankruptcy attorneys in the Inland Empire and Southern California. Namely, Riverside bankruptcy lawyer Mark C. Schnitzer has been recognized as AV rated by Martindale-Hubbell, the prestigious attorney-rating service, and has been recognized as among the “Best Inland Empire Lawyers” by Inland Empire Magazine. Also, Chapter 7 bankruptcy attorney Martha Warriner has been recognized as a “Legal Eagle” by Inland Empire Magazine, noting her ties to the community. Both attorneys work within the firm of Reid & Hellyer, which has been recognized as one of the Best Law Firms in America by U.S. News & World Report and Best Lawyers.
Don’t Let Debt Ruin Your Life, Get Your Debt Absolved With the Help of the bankruptcy lawyers at Reid & Hellyer, APC.
For more information, contact the bankruptcy department online or give us a call at (951) 682-1771 to find a bankruptcy attorney for you.