Santa Rosa, California, Bankruptcy Lawyer
Dealing with the weight of large debts can cause severe strain on everyday life. Working with each client on a personal basis, The Law Offices of Julie S. Levy offers relief from the pressures of unmanageable amounts of debt.
Bankruptcy attorney Julie S. Levy has served clients for more than 15 years as a lawyer and paralegal. She has the skills and legal resources to help you determine the most effective way for you to gain control of your financial situation.
When you select our law firm, Ms. Levy will evaluate your financial situation to help you understand if filing for consumer bankruptcy or another debt relief solution would give you a fresh start. Contact her law firm online or call 707-523-2525 to schedule a free consultation.
Offering Consumer Bankruptcy Debt Relief Services in Santa Rosa
Whether you are overwhelmed with credit card bills, medical bills, a large mortgage or other debt, options are available to help you get back on your feet. During an initial consultation, bankruptcy lawyer Julie Levy will work with you to understand the extent of your financial situation. She is committed to helping you gain control of your financial situation through Chapter 7, Chapter 12, Chapter 13 or another debt relief solution.
Through Chapter 7 bankruptcy, qualifying individuals and families can wipe away any unsecured debts such as credit card bills and medical bills. The first step in a Chapter 7 filing is a means test to determine whether you qualify for Chapter 7 debt relief. If your income level is in excess of certain thresholds, you may not qualify for Chapter 7 bankruptcy.
Chapter 13 bankruptcy, on the other hand, restructures debts, allowing individuals or couples to pay down their consolidated debts over three to five years. After that time period, the remaining debts are wiped away. Chapter 13 is designed to provide debt relief to individuals or couples with a steady income, yet struggling to pay down unmanageable levels of debt.
This is also an effective option for clients looking to stop a foreclosure by paying back their mortgage arrears over time. Chapter 13 allows clients to negotiate with creditors on a realistic payment plan, while paying down mortgages or back taxes.
Experienced California Chapter 12 Bankruptcy Lawyer Working for You
If you own a dairy farm, family farm or a winery and feel overwhelmed with unmanageable levels of debt, you might want to consider filing Chapter 12 bankruptcy. Chapter 12 bankruptcy is designed to help family farmers get back on their feet financially. If you qualify, you will be able to reorganize your debts and keep your business.
To qualify, at least 50 percent of your debts and 80 percent of your income must arise from your family business. Chapter 12 bankruptcy has a higher debt ceiling to help farmers faced with large debts. This form of bankruptcy also helps farmers eliminate certain types of liens. During an initial consultation, Ms. Levy will evaluate your financial situation to determine the most effective strategy possible to help you regain control of your finances.
Frequently Asked Bankruptcy Questions
Preparing for bankruptcy filings can take time. A lot of information is needed to get the job done right. Your court date will fall approximately five weeks after the papers have been filed. Once the bankruptcy is filed, your protection from creditors is immediate.
- Will I lose my property? Maintaining your assets truly depends on your individual circumstances. Many factors are taken into account, including the type of bankruptcy to be filed, how much property you own, if you own your home outright and if you have equity in your home.
- How much will my bankruptcy cost? Fees vary on a case-by-case basis and depend on the intricacies of each case. Ms. Levy will work efficiently and diligently to keep her attorney fees from compounding your financial troubles.
- What debts can I get relief from? Unsecured debts like credit cards, medical bills and deficiency mortgage balances can be wiped away. Some debts, such as student loans and certain tax debts, however, cannot be discharged.
Contact Our Deft Relief Law Firm in Sonoma County
During an initial consultation, attorney Julie Levy will evaluate your financial situation to help you understand the most effective way for you to get back on your feet. Contact her Santa Rosa law firm today to schedule a complimentary consultation.