San Diego Bankruptcy Attorney

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How to File Bankruptcy for Free in California? The first step to filing San Diego Bankruptcy Attorney is to collect the required legal documentation. This includes your recently filed tax returns, a list of all your bank accounts, valid identification, proof of ownership of valuable assets, and evidence of your income stream. Next, before entering the bankruptcy legal process, you are required by California law to participate in a credit counseling service that has been approved by the California court system. This service will assist you in reviewing your financial predicament and help you decide if you want to pursue bankruptcy. Bankruptcy Lawyer This step is not optional, a failure to participate in credit counseling will result in your case being dismissed. The last step is to consult a bankruptcy attorney, who can guide you through the bankruptcy process. While some people do file for bankruptcy without legal help, the success rate for such cases is less than 1%. Living in California comes with a lot of benefits, but it also often comes with a high cost of living, which makes slipping into debt really easy. After all, if most of your income is spent on just housing and transportation expenses, not much is left for any other expenses. Filing bankruptcy in California can help you wipe your slate clean and get a fresh start. Bankruptcy law provides for an automatic stay of debt collection actions. This means wage garnishments and repossessions have to stop as soon as your case is filed. The goal of every bankruptcy is to eliminate your debts. This happens when the bankruptcy discharge is entered. Not all debts are dischargeable in bankruptcy. Things like unpaid child support, recent tax debt and most student loans are not erased by filing bankruptcy. Whether you are an Oscar-winner like Kim Basinger, who filed in 1993, or just a regular Californian trying to make a living in the Golden State, it's important to remember that you too can use this legal tool to get debt relief by filing either Chapter 7 or Chapter 13 bankruptcy www.sandiego-bankruptcyattorney.com.

Collect Your California Bankruptcy Documents


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