Are you looking for a lawyer to assist with the process of filing for bankruptcy? Are you a business owner or a person with high debt? If so, you are in the proper location. At Trusted Bankruptcy Attorneys, we make sure that your bankruptcy petition is approved in order to assist you in escaping the oppressive weight of financial debts. Some of Los Angeles' top bankruptcy lawyers make up our team.

One of the largest numbers of bankruptcy cases filed in the country is in Los Angeles. In fact, of all the counties in the United States, Los Angeles had the second-highest rate of bankruptcies filed between March 2020 and March 2021. We have spent a lot of time over the years assisting folks in escaping debt. Our outcomes are very clear. Our attorneys are qualified to help you achieve a new financial start because they are graduates of the top legal schools in the nation. We are experts at handling cases of Chapter 7 and Chapter 13 bankruptcy. The bankruptcy process takes time, and we will be there to give you all the support you need along the way.

We are aware of how debilitating being in debt can be. You probably have questions about how to handle the circumstance, which is why we also provide consulting services. We'll evaluate your financial situation and work with you to develop a strong bankruptcy plan. Most areas of Los Angeles have access to our specialists. For instance, our Burbank bankruptcy and Encino bankruptcy filings make it simpler for our clients to contact us.

You don't have to go through the formal bankruptcy processes alone, although they are not simple. Our reasonable bankruptcy attorneys can help you file for bankruptcy the proper way because they are highly experienced and knowledgeable about how the system functions. We are well-qualified to handle your needs, no matter what they may be.

You would need to file for bankruptcy exemptions if you wanted to prevent some of your assets from being sold to settle your obligations. It's not free, though, as you must pay fees to the court you're filing with as well as trustee fees. You would need to make as many expense reductions as you could to achieve this. Knowing the appropriate set of exemptions for your situation is crucial, since filing the incorrect ones may not only cost you money, but also expose your property to the whims of bankruptcy trustees. We would work with you to reduce the amount of property-protection exemptions you can claim.

Our group also has excellent negotiation abilities. In order to negotiate an installment plan that works for both parties, we are willing to engage your creditors in a series of discussions. Many debtors are under tremendous pressure to sell their homes in order to pay off a portion of their loans. You shouldn't do it because it will simply make your troubles worse. Instead, you could either call us or come to our office, and we'll advise you on the best course of action.