Pleasanton Bankruptcy Attorney
Many residents of Pleasanton are finding out that bankruptcy is not a bad word, but the financial relief they deserve by filing a Chapter 7 bankruptcy or Chapter 13 bankruptcy petition with our Pleasanton bankruptcy attorney and lawyer in the Bankruptcy Court for the Northern District of California. The time for homeowners to take advantage of the reduction in the value of their homes and get rid of second mortgages, lines of credit or even third mortgages forever by stripping off the second mortgage in a Chapter 13 bankruptcy is fast going away as home values increase now. Schedule a FREE Consultation at one of our offices or over the PHONE with our experienced Pleasanton bankruptcy attorney and lawyer and find out how bankruptcy can help. 1-877-9NEW-LIFE (877-963-9543)
When filing for bankruptcy protection with our Pleasanton bankruptcy attorney and lawyer the 341 meeting of the creditors is held at bankruptcy court for the Northern District of California, Oakland Division. You will receive notice of the date, time and location from us and directly from the bankruptcy court in the mail. In most bankruptcy cases creditors do not attend the 341 meeting of the creditors. Generally, it is not worth their time and money to pay someone to ask you questions and there is generally nothing they can do about their situation once you file for bankruptcy protection. Bankruptcy is a very structured process by which your creditors have few options to collect on their debts unless you have committed some sort of fraud in applying for the credit or using the credit card. Even if there are some allegations of fraud a credit card company has to sue the bankruptcy filer within the bankruptcy case and prove the debt owed should not be discharged. It is expensive and there is no guarantee of success.
An issues that is now more relevant than ever for residents of Pleasanton when hiring a Pleasanton bankruptcy attorney and lawyer is the value of your home if you own one. During the last year or so, home values in Pleasanton and the Bay Area in general have increased significantly. It is highly advisable that you obtain an appraisal regarding the value of your house, especially when seeking bankruptcy protection under Chapter 7 of the Bankruptcy Code. If all of the equity after costs to sell the house cannot be protected the Chapter 7 trustee assigned to your case can put the house on the market and try to sell it. To make sure that you do not lose your home it is recommended to file a Chapter 13 case instead to protect your home from liquidation. During your free consultation our Pleasanton bankruptcy attorney and lawyer will discuss your circumstances and provide you with the information you need to make the best choice for you and your family. It all depends upon your income, expenses, assets and debts.
The process of filing for bankruptcy protection does not have to be stressful. Our Pleasanton bankruptcy attorney and lawyer will provide you with a checklist of all of the documents we need once you retain our services. The first thing that needs to be done is payment of all upfront fees. These usually include attorney fees, court filing fee and a credit report fee. After all of the fees are paid in full we will want all of your documents. We ask for copies of the documents. Please do not give us your original tax returns or original pay statements. You need to keep those records for your own personal records. If our office burns down we cannot have all of our clients’ original records burn with it.
One of the distinguishing features of Pleasanton is the “First Wednesday” celebrations from May through September. On the first Wednesday during the summer months Pleasanton closes Main Street and vendors and crafts people set up booths and sell their delicious and unique creations. These celebrations include live music for dancing and there is a beer garden. Pleasanton has an approximate population of about 73,000 residents and has been voted one of the best places to live in the United States. The residents of Pleasanton enjoy one of the highest median incomes in the United States. At a median income of around $115,000 per year per household with small percentage families below the poverty line, Pleasanton is one of the most sought after zip codes in the Bay Area. If you are in need to debt relief please give our Pleasanton bankruptcy attorney and lawyer a call to schedule a free consultation.
By
Ryan
C. Wood