Is Bankruptcy Right for You?
It is difficult for some people to grasp that they are in serious financial trouble and need help finding a way out of debt. Are you dealing with issues such as the ones below that many of our clients were facing before they turned to us for help?
- Are you dreading another telephone call from a creditor demanding that you pay off a debt?
- Are you worried about reading your mail for fear of another "final notice"?
- Is your concern about debt affecting your family life and peace of mind?
- Are you filing for divorce and in debt?
At the Law Office of Jacqueline Y. Blade, we help people resolve their debt situations and get a fresh financial start every day. We are an experienced divorce and debt-relief law firm that can help. We educate people on filing for bankruptcy and charting paths out of debt, including restoring credit ratings after bankruptcy.
Contact Us in Westlake Village: 805-496-2311 | E-Mail Us
Filing for bankruptcy can immediately put a stop to:
- Foreclosure actions
- Repossession
- Creditor phone calls
- Wage garnishment
Chapter 7 Bankruptcy offers people an opportunity to wipe out most of their unsecured debt and start over with a clean financial slate. A Chapter 7 liquidation bankruptcy is a court-supervised procedure where a trustee collects the debtor's assets, reduces them to cash, and makes distributions to creditors, subject to certain exempt property and the rights of secured creditors. In most chapter 7 cases, there may not be an actual liquidation of the assets if there is little or no nonexempt property.
Charting a Path Through Divorce and Bankruptcy
Assets and debt that are acquired during the marriage are considered community property in any California divorce. Your marital debt will be shared, even if you have filed for Chapter 7 bankruptcy and discharged your own personal debt prior to your divorce.
Filing for Bankruptcy Jointly Prior to Divorce
Many clients agree to jointly file for bankruptcy prior to divorce, so that their consumer debt can be discharged. As an experienced bankruptcy and divorce attorney, Jacqueline Y. Blade can help you understand what course of action is best for you.
Contact Us for Answers and Guidance
To learn more about how our lawyer can assist you in resolving your specific legal concern, please call our law office at 805-496-2311 or contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.