Bankruptcy FAQ
Frequently Asked Bankruptcy Questions
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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.