California Bankruptcy Attorneys
  • Welcome to the California Bankruptcy Attorney Search Center

    Our websites features experienced bankruptcy attorneys you can trust. Our website was designed specifically to handle the complex financial and debt situations that you may be facing. Please feel free to visit our pages and articles on bankruptcy.
  • BK Facts

    The most common types of personal bankruptcy in California are Chapter 7 and Chapter 13. In Chapter 7, you surrender your non-exempt property to a bankruptcy trustee who then liquidates the property and distributes the proceeds to your unsecured creditors. In exchange for this, you are entitled to a discharge of some of your debt. In Chapter 13 bankruptcy, you retain possession and ownership of all of your assets, but you have to give some portion of your future income to repaying your creditors.
  • How do I know if I qualify?

    The bankruptcy trustee appointed by the Bankruptcy Court must review the proposed plan for accuracy and feasibility. The proposed plan is distributed to creditors, who have the right to object to the plan if it's unreasonable. If the plan is approved, you can keep all your assets during the period of the plan. You make monthly payments to the bankruptcy trustee, who distributes the funds to the creditors according to the plan. If the plan is completed as approved, your unpaid debts are "discharged." If you don't complete the repayment plan as approved, you'll have several other alternatives which a California bankruptcy lawyer can explain to you.
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