Hercules / Vacaville Bankruptcy / Richmond Attorney

Most of us believe that bankruptcy just can’t happen to us.

We’re responsible citizens, hold regular jobs or own a business.

Then the unimaginable happens!

Something like mortgage meltdown. Or unemployment at a time when virtually no companies are hiring. Or perhaps an injury puts us out of work. Or an illness devastates us financially.

For reasons beyond your control, you found it hard to pay your credit cards debt and other bills. While no one wants to declare bankruptcy, it may be the most reasonable solution to a very difficult problem.

We can help you explore your debt relief options. Stop the collection calls – start with a free consultation by calling us today at 510-233-7700 today.

Here is a brief summary of the personal bankruptcy options:

Chapter 7 Bankruptcy

Chapter 7 allows people to completely discharge some kinds of debt like credit card debt. Some kinds of debt are exempt such as recent income taxes and child & spousal support. Also, those with income above the California median won’t qualify. The alternative is Chapter 13.

Chapter 13 Bankruptcy

If your income is too high to qualify for a Chapter 7 bankruptcy, Chapter 13 is another option. People who own a home they wish to stay in usually opt for Chapter 13. Typically this means the courts will set up a 3-5 year repayment plan so you can repay something your creditors. When you file, creditors must stop their harassing calls. Any foreclosure actions, garnishments and repossessions are halted.

We don’t expect or want you to choose which option for personal  bankruptcy is best for you based on the information on this site. Rather, we are available to consult with you. If you decide to work with us, we will give you an income assessment to see whether Chapter 7 or Chapter 13 best meets your needs.

Consultations are free, confidential and imply no obligation. Appointments are available at convenient times. Call  our office to set up an appointment with Attorney Hermin Dowe of Dowe Bankruptcy Law at 510-233-7700.