California Business Bankruptcy Attorney
If you are behind in your bills and juggling business or personal debt every month, you may be considering filing bankruptcy to eliminate or restructure your debt. Good idea. Getting out from under an unmanageable pile of debt is the surest way to get a fresh look at a brighter financial future. You can't build personal wealth or run a successful business if you are paying your creditors high interest rates, late fees and penalties.
Filing for bankruptcy isn't enough if you don't develop a plan for building a stronger financial future with the cash flow you are saving every month. There are many bankruptcy attorneys in Sacramento and the surrounding area who will help you get through the process. If restructuring your business debt through Chapter 11, or eliminating your debt through Chapter 7 personal bankruptcy is your goal, there is no shortage of good, experienced law firms who can help you. If you are serious about using bankruptcy to help you financially in the future, the Liviakis Law Firm is ready to help.
Bankruptcy Is Not the Final Step of a Debt Problem. It Is a First Step in a New Plan.
Bankruptcy is a legal process. Not everyone walks away scot-free from debt. In fact, since the U.S. Congress passed the new bankruptcy laws in 2005, many people find they don't qualify for Chapter 7 and must file under Chapter 13, to restructure their debt in a supervised repayment plan. Getting the result you need for your business or personal goals requires working through the process with integrity and respect for the bankruptcy court judges and trustees. It means being represented by a lawyer who is willing to work with your creditors to find solutions that will be acceptable to all parties.
A Complete Debt Relief Agency — Focused on Forging New Financial Futures
When we meet, I will give you a full explanation of my fee structure and what to expect out of the process. I work directly with every client and make sure you understand every step of the process. My goal is to help you come out on the other side of bankruptcy with a better understanding of how you got into debt trouble and how to protect yourself from future problems.
My law firm offers a full range of debt relief and asset protection planning services, including:
- Chapter 7 bankruptcy to eliminate most kinds of unsecured and secured consumer debt. Under many circumstances, you will be able to keep your house and car by reaffirming payment on the mortgage and car payment.
- Chapter 13 bankruptcy to restructure your debt under a supervised repayment plan. You can include all types of secured and unsecured debt in the plan, including tax debt, student loans, mortgage and car payments. You can also reduce your mortgage payment by stripping off a second mortgage you may have assumed over the years and by including the loan in the plan. Chapter 13 can save you thousands of dollars in high interest rates, penalties and fees.
- Chapter 11 bankruptcy is utilized mostly by business entities who are seeking protection from their creditors while they reorganize their business plan. The Chapter 11 debt restructure is occasionally supervised by a bankruptcy trustee and creditor actions against your business are stayed under terms of the bankruptcy.
- Estate planning tools like a legal will, a trust and business succession planning are a necessary part of protecting your assets as you improve your personal wealth, free of debt.
A Note About Divorce and Bankruptcy
Divorce is one of the leading reasons people give for filing bankruptcy. On the flip side, financial problems caused by personal debt are among the leading reasons people give for filing for divorce. If you are considering divorce, or have filed for divorce and are faced with significant debt as a result of the judgment, talk to me about your available options under the U.S. bankruptcy laws.
In addition to formal bankruptcy filing, I can help you avoid foreclosure or change the terms of your mortgage through a variety of legal options.
Contact me to discuss your specific business or personal debt situation. I offer a free telephone consultation to discuss my services and what to expect out of the bankruptcy process. I will explain what types of debt you can discharge and how to stop creditors' collections actions against your business and/or your family.
Sacramento Bankruptcy Law Attorney
With offices conveniently located in Folsom and Sacramento, I represent clients in communities throughout Sacramento County, El Dorado County and Placer County, California. My offices are open 9 a.m. to 5 p.m. Monday through Friday and include free parking.
