Filing bankruptcy in Mendocino County can be difficult. With few affordable bankruptcy attorneys available, many Mendocino County residents are forced to look elsewhere for cost-effective representation. Fortunately, bankruptcy lawyer Michael Benavides represents Mendocino County residents in chapter 7 bankruptcy for only $900 in attorney fees. To learn more call bankruptcy lawyer Michael Benavides at (707) 200-6688 for a free consultation.
Affordable Bankruptcy Options
Bankruptcy attorneys in Northern California can be expensive at a time when clients need cost-effective options. To help clients save money for life after bankruptcy Michael Benavides charges only $900 for representation in chapter 7 bankruptcy. The low flat fee helps clients save for their financial future and eliminate debt as soon as possible.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is the most popular form of bankruptcy for Mendocino County clients. In chapter 7 bankruptcy most forms of unsecured debt can be eliminated in a few months. Credit cards, medical bills, payday loans, personal loans, past repossessions, and delinquent second mortgages are just a few of the unsecured debts that can be eliminated in bankruptcy.
Not everyone qualifies for chapter 7 bankruptcy. Clients with too much income cannot file chapter 7 bankruptcy. Likewise, clients with valuable assets and real estate should not file chapter 7 bankruptcy. To determine whether chapter 7 bankruptcy is your best option call bankruptcy lawyer Michael Benavides at (707) 200-6688 for a free consultation.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is appropriate for individuals seeking debt relief with real estate, significant assets, or high income. In chapter 13 bankruptcy the client commits to a 3 to 5-year repayment plan in which disposable income is paid to a court-appointed Trustee. At the conclusion of this 3 to 5-year repayment plan, the client receives a discharge of certain unsecured debts. Moreover, some secured debt interests can be modified through chapter 13 bankruptcy. For instance, the secured debt on old cars may be “crammed down” to the vehicle’s fair market value, and underwater second mortgages can be eliminated.
Chapter 13 bankruptcy is a very complicated form of bankruptcy that requires the submission and court confirmation of a chapter 13 repayment plan. Accordingly, clients cannot and should not attempt to file chapter 13 bankruptcy pro se. If you are unsure whether chapter 13 bankruptcy is your best debt-relief option call Michael Benavides for a free consultation.