Bankruptcy Sacramento, CA and Its Sad Truth
Bankruptcy Sacramento, CA and the rest of America was significantly hit by the recession brought about by the worst economic condition since 2006. Since the only logical thing to do is to file Sacramento, ca bankruptcy cases, all citizens, individuals and businesses alike, should read up and be adept with all the state and federal bankruptcy laws and processes. This is very essential in these very crucial times of great adversity and bankruptcy Sacramento, CA all over the place; one just cannot afford to lose money and time.
For a free fifteen minute consultation with our expert bankruptcy lawyer Contact a bankruptcy expert today about Bankruptcy Sacramento, CA or give us a phone call 916-756-0243
The key aspect into establishing and rebuilding life after a great financial hit is understanding where you need to go, what you need to do and what rights as well as options you have to nail this in your favor. Before filing a case of bankruptcy Sacramento, CA, you need to choose the best debt settlement that fits you. With the help of a Sacramento, ca bankruptcy attorney to represent you, you can choose between filing for a Chapter 7 and Chapter 13 bankruptcy. In a Chapter 7 petition, creditors may try to coax you to reaffirming debt incurred from them, you should never do so since there shouldn’t be any agreement or an collusion between you and your creditor. Chapter 13 bankruptcy Sacramento, CA, on the other hand, is where you pay your creditors within a more flexible 3- to 5-year term, within the presence and jurisdiction of a bankruptcy judge. Such may involve court litigation and requirements for you to hire bankruptcy petition preparers, however, only Sacramento, ca bankruptcy attorneys can represent you in court and provide legal counsel.
Tips in Choosing a Bankruptcy, Sacramento, CA Lawyer
Knowing the step-by-step process of bankruptcy Sacramento, CA, as well what to expect, can save you a lot of money, time and anxiety attacks and psychological traumas. Filing a Sacramento, ca bankruptcy is never an easy decision to make and it can be very stressful too but having someone to rely on makes a big difference. Be sure to select a Sacramento, ca bankruptcy attorney who is anchored on a law firm known for their credibility and proven experience. Choose an expert who knows the ins and outs of the laws even with eyes closed; this should somehow uplift your spirit and give you an assurance of favorable results versus having to deal with this agonizing ordeal on your own. Sacramento, CA bankruptcy attorneys should be able to provide you a full picture and chronological order of requirements and steps you will undertake. For experienced law firms who have handled hundreds of bankruptcy Sacramento, CA cases of similar nature, they are able to more or less predict the outcome of scenarios. With this knowledge, they can give more creative strategic suggestions on Sacramento, CA debt relief to be presented in court, which should give you better leverage from creditors.
How Expensive are Bankruptcy Sacramento, CA Lawyer Fees?
Initially, most Sacramento, CA bankruptcy attorneys assess cases for free. This is when they have a one-on-one discussion with you to be able to evaluate your situation and the complexity of the case you’re up against. This would also be their basis for charging you for retention fee for petition filing of bankruptcy Sacramento, CA. While some firms require up front payment, haggle for better terms where payment can be made as the case progresses; you need to make sure that you have the upper hand even in this most bleak of situations. Sacramento, CA bankruptcy attorneys draft a petition detailing the case based on his understanding of the whole scenario, for your review. Once you have reviewed that the petition is accurate and in the way that you want it, the lawyer will then file the case. Make sure that the lawyer you choose is available to answer your questions and is available through the whole pre-filing, credit counseling, debt settlement and post-filing bankruptcy Sacramento, CA process.
A Sigh of Relief for Debtors
Once the bankruptcy Sacramento, CA petition is filed, the court will summon you to a 341 court hearing whereby a trustee is present to serve as a mediator overseeing the situation. Usually, such commences 30 to 40 days after the petition has been filed. Once a debt consolidation Sacramento, CA agreement is consolidated and approved by both parties, then the court issues a bankruptcy discharge 60 to 90 days after the 341 hearing transpired.
Want to find out more about Bankruptcy Sacramento, CA?
Please call for a free fifteen minute consultation with one of our bankruptcy lawyers or give us a call (916) 756-0243. Our office is easy to find and open from 9:00am to 6:00pm. If you prefer an appointment on the weekend, simply give us a call and we will schedule you a convenient time. To meet with a Sacramento, ca Bankruptcy Attorney, see below details. We are always flexible with your schedule and we will make sure you get your problems resolved. We have experts that will help you file for bankruptcy under Federal Bankruptcy Law.
Our hours of operation are
Tuesday: 9:00 am – 6:00 pm
Wednesday: 9:00 am – 6:00 pm
Thursday: 9:00 am – 6:00 pm
Friday: 9:00 am – 6:00 pm
Saturday: 9:00 am – 6:00 pm
For directions go to:
Sacramento Office Directions
Thomas Hogan Law Office
Phone: (916) 756-0243