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…

Los Angeles Bankruptcy Attorney and Bankruptcy protection from Bank Levy. Many Los Angeles Bankruptcy clients call our office and inquire about stopping pending bank levy. Once a bankruptcy case has been filed, an automatic stay goes into effect. The automatic stay is a provision in Federal bankruptcy law that protects Debtors from creditor collection attempts…

DOES BANKRUPTCY STOP WAGE GARNISHMENTS? Filing bankruptcy can stop wage garnishments in most cases. The Automatic Stay in bankruptcy law, stops most collection attempts when a bankruptcy case has been filed. In order for a creditor to be able to garnish your wages, in most cases the credit will first have to file a lawsuit…