Chapter 7 Bankruptcy Attorney In Fresno
Reasons To Choose Our Fresno Law Office
Extensively Experienced Lawyers
1,000+ Bankruptcy Cases Successfully Handled
Free Consumer Case Consultations Provided
Board Certified Legal Professionals
If you're buried in debt and can see no light at the end of the tunnel,
it may be time to consider filing for bankruptcy. For those living in
Fresno and the surrounding areas, Fear Waddell, P.C. is a great place
to start. Our bankruptcy lawyers are problem solvers through and through.
We will explain all of your options for getting out of debt and help you
identify the one that suits you.
Talk to a lawyer today by
contacting Fear Waddell, P.C.!
About Chapter 7 Bankruptcy
The most straightforward form of bankruptcy is known as Chapter 7. In exchange
for the liquidation of your non-exempt assets, it can provide the near
total elimination of debt in just a few short months. To qualify for a
Chapter 7 bankruptcy, your monthly income must not exceed the California
state median, and your disposable income must fall below a certain level.
To determine if your income is eligible, you can take what is known as
a “means test” to see if you qualify.
To determine which assets are exempt and which assets are not, the state
of California uses two exemption systems. The filer must choose which
of the two to use. Generally speaking, System 1 is a better fit for those
with substantial home equity, and System 2 makes more sense for those
whose wealth lies elsewhere.
The advantages of a Chapter 7 filing include:
Freeing yourself from major debts in as little as 3 months
Stopping creditor harassment in its tracks
Keeping your house and car
Getting a chance to rebuild your credit score
Tell us about your particular situation in a
free consumer case evaluation and we can get back to you with helpful advice.
Experienced Fresno Bankruptcy Attorney
Fear Waddell, P.C. employs the skills of two attorneys who are certified
specialists in bankruptcy law by the State Bar of California. When it
comes to getting out of debt as quickly and efficiently as possible, you'd
be hard-pressed to find anyone better. We have filed more than 1,000 Chapter 7 and
Chapter 13 bankruptcy cases in the last ten years. If you're ready to join the
ranks of those we've freed from the overwhelming burden of debt, call us today!
The initial consultation is free!
(559) 418-3022 to schedule an appointment.