Sacramento Bankruptcy Attorney Muoi Chea has filed Chapter 7 and Chapter 13 Bankruptcy cases for over 10 years. I have helped consumers and small business owners throughout Northern and Central California eliminate and restructure their debt as well as protect their assets in bankruptcy proceedings in Sacramento, California and Modesto, California Bankruptcy Courthouse.
I have a long successful track record of helping people get out of debt through Chapter 7 and Chapter 13 Bankruptcy filings. When you call my Bankruptcy Attorney Office to schedule a consultation, I will go over your case and give you your options under the Bankruptcy Code as well as alternatives from Bankruptcy. If Bankruptcy is not a good option for you, I will be upfront with you and let you know. If Bankruptcy is a viable option for you to consider, I will give you a quote for my services. My attorney’s fees are reasonable and affordable because my goal is to help you get out of debt.
Sacramento Bankruptcy Attorney Limited Time Offer:
$499 down payment for Chapter 13 Bankruptcy Attorney fees plus Court Filing Fee. Call for details and restrictions.
$995 for Chapter 7 Bankruptcy Attorney fees plus Court Filing Fee. Call for details and restrictions.
Don’t delay. Delay will only hurt you. You need to know your rights under the Bankruptcy code and stop creditors from taking legal actions. Not only can creditors harass you, but they can also file lawsuits and get a judgment. Then, they can pursue wage garnishment and bank levy and can record a lien against your real property like your home. Keep in mind some government agencies like the Internal Revenue Services, Franchise Tax Board or US Department of Education do not need to file a lawsuit in order take those actions against you. If you are delinquent on your mortgage, your home can be foreclosed. Likewise with car payments and repossession. Unfortunately debts do not go away if ignore but only gets worse and gives your creditors more time to pursue collection.
Stop dealing with your financial stress alone and call me today to find a solution out of your financial burden.
Common Questions asked by Clients in Sacramento, California:
Does my spouse have to file for bankruptcy with me?
Quick answer is no. One spouse may file for Chapter 7 or 13 Bankruptcy and the other spouse may decide not to file. However, in certain circumstances it may be best for the other spouse to file for bankruptcy too.
Can I keep my house when I file for bankruptcy?
You have to be careful when choosing to file for Chapter 7 Bankruptcy if you own a house with substantial equity. Chapter 7 Bankruptcy will involve liquidation of properties whose value or equity is not completely protected by the California exemptions. In such a case, you might want to consider filing a Chapter 13 Bankruptcy so that you can keep all properties even if the value is greater than what is protected by the California exemptions.
Does Chapter 13 Bankruptcy requires me to pay all of my debt?
Not necessarily. In many cases, Chapter 13 Bankruptcy filers pay less than than what they owe. In cases where Chapter 13 Bankruptcy filers pay 100% of their debts, it is usually less than what they would have paid if they tried to pay 100% of their debt outside of bankruptcy. This is the case because in Chapter 13 Bankruptcy, the creditors do not get their high interest of 30% and up. Moreover, Chapter 13 filers tend to pay off their debt quicker than outside of bankruptcy. How much you are required to pay depends on your household income and expenses, unexempt assets, and previously filed bankruptcy.
Can I keep my car in a Chapter 7 Bankruptcy?
Assuming that your car is protected by the California exemption, you can keep your car. Make sure you are current with the car payment. Your car lender still has security interests in your car. That means if you fail to timely make your car payment, your car lender has the right to repossess the collateral provided it complied with bankruptcy and other laws. Because California does not allow “pass-thru” security interest in a Chapter 7 Bankruptcy, some car lender may require you to sign a Reaffirmation Agreement in order for you to keep the car after a Chapter 7 Bankruptcy discharge.