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Follow on Google News | The Law Offices of Michael H. Raichelson Offers Superior Bankruptcy Protection Services in L.A.Residents of Los Angeles who are struggling with debt should contact the Law Offices of Michael H. Raichelson to discuss filing for bankruptcy and other debt relief options.
Chapter 7 bankruptcy allows individuals and families to completely start over financially. All eligible debts will be discharged and a clean slate will be obtained after a Chapter 7 filing. Bankruptcy cases of this nature are very complex, as eligible and ineligible debts must be determined and assets may have to be liquidated. Chapter 13 is more often filed by those who have more assets or who do not pass the means test for Chapter 7. With Chapter 13, a portion of debts are reorganized into a manageable payment plan for a three to five year period. Chapter 11 works similarly to Chapter 13, but it is generally reserved for businesses and those with substantial wealth and debts. Other forms of debt relief, such as debt settlement, may be obtained through this firm as well. By contacting a Los Angeles bankruptcy http://www.cabkattorney.com/ Individuals who are faced with insurmountable bills are encouraged to contact a Los Angeles bankruptcy http://www.cabkattorney.com/ # # # When you retain Attorney Raichelson for your bankruptcy needs, you can breathe easier knowing that a competent and hard-working professional is helping you get out of debt for good. With a keen and empathetic understanding of the financial plight that many Americans are facing, Los Angeles bankruptcy http://www.cabkattorney.com/ End
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