Our Modesto Location Services Stanislaus County, San Joaquin County, Calaveras County, and Tuolumne County
Let our Expert Bankruptcy Attorneys at the Law Offices of Borton Petrini help you today with a Free Financial Analysis to find out if Declaring Bankruptcy is the right choice for you.
Chapter 7 Bankruptcy
Is an affordable solution to people with limited income or resources. It can eliminate your obligation for large amounts of debt and, in many cases, you will not have to give up any of your property to file. This exempt property will generally include cash, household furnishings, clothing and other ordinary items, tools of trade, personal injury and worker’s compensation claims, up to one million dollars for retirement investments or pension plans, an automobile and equity in your residence. If you do not have equity in your residence or do not own your primary residence, the exempt property will include an additional wild card protection to protect extra assets such as additional vehicles, motorcycles, jet skis, quads, motor homes, trailers, boats, tax returns, time shares, and equity in non-residential property. A Chapter 7 bankruptcy is designed to give people a fresh start when they are struggling to keep current on bills and is a means to put an immediate end to harassing phone calls, legal action and garnishment by creditors. A Chapter 7 Attorney welcomes the opportunity to discuss your specific situation and determine if a Chapter 7 Bankruptcy is right for you. Please call today for a Free Consultation with our expert Chapter 7 Attorney at (209) 576-1701.
Chapter 13 Bankruptcy
Allows people who have significant income or assets to restructure their debt in a way that will allow them to pay back some or all of their liabilities in monthly installments over a set period of time. A Chapter 13 Bankruptcy Plan can be worked out that will provide you with fixed payments for three to five years with no more interest or penalties. This can be used to either eliminate some of your debt or to catch up when you are late on mortgage payments or other secured loans. In certain circumstances, a Chapter 13 Attorney can help you to remove, expunge or eliminate wholly unsecured mortgages and equity lines. Chapter 13 Bankruptcy is also an option for people who wish to pay back all of their debt, but who need a structured payment plan to do so. Please call today for a Free Consultation with our expert Chapter 13 Attorney at (209) 576-1701.
If you have a bankruptcy issue, you should immediately call the Bankruptcy Attorneys at Borton Petrini, and arrange for a free consultation (209) 576-1701.
