Orange County Chapter 13 Lawyer – Anaheim Bankruptcy Attorney – Santa Ana Bankruptcy Lawyer
What is the difference between Chapter 7 and Chapter 13?
An Orange County Chapter 7 is a liquidation while an Orange County Chapter 13 is a reorganization. In a Chapter 7, if you qualify, you can wipe out all your listed debts. In a Chapter 13, you propose a payment plan that is administered by the bankruptcy trustee. After 3-5 years, your debts are discharged.
What is this idea about lien stripping and Chapter 13?
In a Santa Ana Chapter 13, you may be able to completely get rid of your 2nd mortgage assuming that the value of your home is low enough. The idea is that if your owe more on your home than it is worth, you can convert your 2nd mortgage into an unsecured debt because there is no more value to secure it. Contact an experienced Santa Ana Chapter 13 lawyer for more information.
Can an Orange County bankruptcy stop foreclosures?
Yes, both Chapter 7 and Chapter 13 will stop your foreclosure, but only Chapter 13 will allow you to continue making payments and save your home. An Orange County Chapter 13 will also allow you to catch up on any delinquent payments.
Will I ever be able to get credit after an Anaheim bankruptcy?
Of course. This is one of the common misconceptions with Santa Ana Chapter 7 and Chapter 13. Generally, you will get offers for credit cards shortly after filing. The limits will be less and the interest often time more, but if you are paying down the balance every month, as you should, it won’t matter.
How will my job be affected by filing bankruptcy?
No, you cannot be fired from your job for filing bankruptcy in Orange County. Federal codes outlaw discrimination based on filing for Chapter 7 or Chapter 13.
How much does my bankruptcy cost?
Our bankruptcy rates start at $800.00. You should never pay thousands of dollars for a simple no asset bankruptcy. You should also be very concerned about big advertisers. How do you think they pay for that advertising? Through exorbitant fees!! We will be honest and up-front with you concerning all costs and fees associated with your Santa Ana Chapter 7 or Chapter 13.
Will an Orange County bankruptcy stop creditor harassment?
Yes. Once your case is filed the bankruptcy court issues what is known as an automatic stay. This will prevent any further collection on your debts as well as all creditor harassment. If your creditors are continuing to make collection efforts after you filed bankruptcy, you must contact your Orange County lawyer right away.
How do I choose a bankruptcy attorney?
You want to choose your Santa Ana Chapter 7 or Chapter 13 attorney based on experience, personal attention, results and cost. Don’t base you decision on flashy advertising and big budget gimmicks. These are advertising costs are being paid for out of your pocket.
We at the Law Office of Harold D. Thompson are Santa Ana Chapter 13 Lawyers dedicated to helping you get out of financial distress. If your debts are piling up and you are looking for a “fresh start” call an Orange County Bankruptcy Lawyer that will fight for your rights. Bankruptcy fees start as low as $800.00. Don’t be fooled by big advertisers charging thousands of dollars. Call us TODAY at 888.665.8330 or visit one of our other websites at San Diego Bankruptcy Lawyers or San Diego Bankruptcy Lawyer Blog
As Orange County Bankruptcy Lawyers helping people with Chapter 7 & Chapter 13 debt relief we are proud to serve the following areas: Aliso Viejo, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Dana Point, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, La Palma, Laguna Beach, Laguna Hills, Laguna Niguel, Laguna Woods, Lake Forest, Los Alamitos, Mission Viejo, Newport Beach, Orange, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Stanton, Tustin, Villa Park, Westminster, Yorba Linda