Bankruptcy FAQ
Frequently Asked Bankruptcy Questions
You have questions and we have answers, but we don't have them all on our website yet. Take advantage of our free bankruptcy consultation to get your questions answered by a bankruptcy attorney with years and thousands of cases of experience. Call 916/442-3111.
- What is Bankruptcy?
A government approved process to get rid of some debts while keeping some property. - What Can Bankruptcy Do for Me?
Bankruptcy can remove debt, save property from being taken by creditors, and much more.
- What Does Bankruptcy NOT Do?
Some debts can't be discharged, some assets can't be saved, some issues may remain.
- What are the advantages of bankruptcy?
Debt relief and asset protection.
- What's the difference between secured and unsecured debt?
Secured debts hold a tangable object as collateral. Unsecured debt is based on your expectation to pay.
What Bankruptcy Can Do
- Bill collector calls and letters stop. We deal with your creditors, not you.
- Home foreclosure is halted. Stay in your house with the full protection of the federal court.
- Garnishment from your paycheck sent to creditors is blocked. We may even get some of that money back.
- Reposession of your car, truck, boat, or other property is stopped. Keep your property while we work out a plan.
- Debt relief is immediate. Stop paying creditors until a repayment plan is approved.
- Discharge your debt. All or part of your debts can be gone forever.
- Fresh start without the heavy buden of old bills.
