Phone: 805.492.7045
Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.
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Phone: 805.492.7045
Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.

Chapter 7 Bankruptcy


chapter 7 bankruptcy papers

Chapter 7 Bankruptcy is considered the best last-ditch choice for consumers who are experiencing financial difficulties. Bankruptcy offers a fresh start and the possibility of liquidating debt. It’s important to understand the trade-off, though. Even though it offers a clean slate, a bankruptcy involves costs both in terms of the cost to file as well as the way it affects your credit score. There are unique situations where Chapter 7 Bankruptcy might be the best choice in your situation. Debtors may file bankruptcy when they are overextended on credit, when they have overwhelming and unexpected expenses,......

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What is difference between Chapter 7, 11 and 13?

If you’re contemplating bankruptcy, it can be a stressful and frustrating time. You may not know where to turn, which type of bankruptcy to consider, or who you can trust. That’s why we, at Nathan A. Berneman, APC in Los Angeles, CA, offer a full and comprehensive consultation to help you better understand your situation and what your options are. Here’s a quick overview of the most common bankruptcy types, and how you might qualify. What qualifies you for Chapter 11?Chapter 11 is also known as a “reorganization” bankruptcy. In most cases,......

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