While you may have thought that filing for bankruptcy is something you would never have to do, the reality of the situation you are facing now may be different. When you are struggling with finances, and there does not seem to be a way out, bankruptcy can help you to get a fresh start. There are different types/chapters of bankruptcy you can file for, and it is important to get good legal advice from an experienced bankruptcy attorney so you can see what may be right for your situation. Hiring a chapter 13 lawyer in Los Angeles can be beneficial to you, and your attorney can assist you in several ways. Make sure you thoroughly research a potential Los Angeles Chapter 13 attorney prior to making an appointment. Certain law offices offer a wide array of services, bankruptcy being just one among several. Chapter 13s are complex and require the help of an attorney that has thorough experience with bankruptcy in general and Chapter 13s in particular. Search specifically for a Chapter 13 bankruptcy attorney, and check out the attorney’s bio, California bar profile, and online reviews to ensure there are no red flags.
Developing a Chapter 13 Plan With Your Lawyer in Los Angeles
Your attorney can advise you if a chapter 13 bankruptcy is the correct filing option for you. Your bankruptcy lawyer can explain what Chapter 13 is, and how it can help you structure a repayment plan so that you can reorganize your debt in a way that allows you to pay a portion of your debt back to your creditors. If you make too much money for other debt options like Chapter 7, your attorney can let you know what will work for you in chapter 13 filing. Some scenarios in which a Chapter 13 can help tremendously include, but are not limited to: avoiding foreclosure or stopping foreclosure on your home by allowing you to pay back your mortgage arrears over the next few years via a repayment plan, stopping wage garnishments or bank levies on non-dischargeable tax debt, avoiding a second mortgage on your home if your first mortgage is underwater, lowering your interest rate and the secured amount owed on your vehicle through a “cramdown” in certain situations.
Moving Forward with Chapter 13
When you hire a chapter 13 lawyer in Los Angeles, once you have made the decision that chapter 13 is right for you, your attorney can begin putting everything together for you to file with the court system. The paperwork can be complex, and your experienced bankruptcy lawyer is there to guide you through the process to make sure everything is done correctly. Your lawyer will also see that you are not harassed by debt collectors, giving you peace of mind.
Talk to a Lawyer about Your Situation
The best step you can take for yourself is to speak with a chapter 13 lawyer in Los Angeles about your situation to see what can be done to help you. The law office of Karine Karadjian, P.C. has locations in Los Angeles to accommodate you. Ms. Karadjian is an experienced Chapter 13 bankruptcy lawyer practicing throughout Los Angeles, San Fernando Valley, and Orange County. She is well-versed in bankruptcy law and can provide you with the knowledge and guidance that can be beneficial to you.
Ms. Karadjian first became interested in bankruptcy law in her second year of law school, where she completed an externhip for a bankruptcy judge at the U.S. Bankruptcy Court in Woodland Hills. She enjoyed bankruptcy so much that she completed another externship with a second judge and spent a summer internship working for Public Counsel’s debtor assistance project. She then went to work for a bankruptcy law firm in the San Fernando Valley where she amassed a world of knowledge in bankruptcy law. In fact, Ms. Karadjian was placed in charge of managing the Chapter 13 department at said firm, and she worked closely with the various Chapter 13 trustees to get the Chapter 13 cases approved/confirmed and to get various Chapter 13 motions approved.
Ms. Karadjian truly cares about the well-being of her clients. She makes herself available during early mornings, late evenings, and weekends to accommodate those clients who work during typical law firm hours. She handles her phone calls herself so that you can connect with an attorney right away and get the advice and peace of mind you need. To schedule a free consultation to discuss what you are going through, or ask the questions you have, phone us at (818) 918-9660 or email karine@kelawfirm.com so you can get the proper legal input and advice you need right now.