Many clients have misconceptions about filing bankruptcy. Mostly from misinformation online about the Chapter 7 bankruptcy process. For Debtors who qualify, bankruptcy may be the cheapest and fastest way to eliminate their debts. Generally, there are no tax consequences from debts that are discharged in bankruptcy. Moreover, after filing Chapter 7 Bankruptcy, your credit history is cleared out, allowing you to obtain a “start fresh” and rebuild your credit.
Many clients are able to rebuild their credit 15 – 24 months after filing bankruptcy. We have many clients that were able to obtain mortgages few years after filing bankruptcy. Since debts have been eliminated, the debt to income ratio is favorable to obtain loans.
We are a Los Angeles Bankruptcy Law firm. We have assisted thousands of Los Angeles residence obtain financial freedom by filing Chapter 7 bankruptcy cases. We offer affordable bankruptcy filing programs. Attorney Navid Kohan will assist you in every step of the way, until your case is closed.
We have been serving the Los Angeles community since 2010. Please visit our yelp page to see reviews from many Los Angeles residence that have obtained financial freedom by using our services.