Bankruptcy Lawyers Watsonville

Bankruptcy Lawyers Watsonville

Assisting Citizens of Watsonville, CA with the Bankruptcy Process

Deciding whether or not you should file for bankruptcy can be extremely hard. Generally speaking, filing for bankruptcy should be a decision of last resort, and a debtor should only decide to file for bankruptcy if every other alternative has failed. 

In some situations, however, bankruptcy may become necessary – especially if you are facing harassing calls from debt collectors or are facing repossessions or wage garnishments. The bankruptcy lawyers in Watsonville at Miranda, Magden & Miranda, LLP, can review your circumstances and determine whether a Chapter 7 bankruptcy might be an effective debt elimination tool for you. Please contact us today to find out more about how we can assist you with your bankruptcy case.  

What is Chapter 7 Bankruptcy?

An experienced bankruptcy lawyer in Watsonville can review your financial circumstances with you and help you decide whether you should pursue Chapter 7 bankruptcy proceedings. Chapter 7 bankruptcy may be a possibility for you if you do not have any assets of significant value. Chapter 7 bankruptcies are also advantageous in that some debts may be able to be eliminated in their entirety, the process is not financially expensive, and the process tends to go reasonably smoothly (and fast). The only expenses associated with these types of bankruptcy proceedings are typically court costs and attorney’s fees.

A knowledgeable bankruptcy lawyer in Watsonville will explain the Chapter 7 bankruptcy process to you in detail and help you decide if it’s right for you. 

How do Chapter 7 Bankruptcies Work?

Chapter 7 bankruptcies are sometimes called “no asset” bankruptcy cases, and they are typically used as a means of eliminating debts that are unsecured. Unsecured debts include medical bills, personal loans, credit card debt, and more. Chapter 7 also allows for these debts to be eliminated without having to pay the balances back via a repayment plan. The bankruptcy court will appoint a bankruptcy trustee who will oversee your bankruptcy case. The bankruptcy trustee’s primary job is to administer the bankruptcy case, review all of the necessary paperwork, and sell the individual’s nonexempt property, if any.

Nonexempt property refers to property that a bankruptcy debtor is not able to protect using an exemption under the Bankruptcy Code. In cases where the debtor does not have any assets which are nonexempt from bankruptcy proceedings, then the debtor’s creditors will not receive anything. 

Not everyone qualifies for Chapter 7 bankruptcy, and there are certain income requirements that you will need to meet before you can begin the process.

Contact a Bankruptcy Lawyer in Watsonville Today

If you are contemplating filing for Chapter 7 bankruptcy, it is best to run your plan by an experienced bankruptcy attorney at Miranda, Magden & Miranda, LLP. Our legal team can explain to you the advantages and disadvantages of Chapter 7 bankruptcy proceedings, given your personal and financial situation. To schedule a free case evaluation and legal consultation with a bankruptcy lawyer in Watsonville, please contact us to learn more about how we can assist you with your bankruptcy case.


Call Our Office Today

Our experienced family law attorneys at Miranda, Magden & Miranda may be able to help you with your family law, bankruptcy, or immigration case. We serve clients across Monterey, Santa Cruz, San Benito, and Santa Clara counties.


There are laws that allow you to begin again if it becomes impossible for you to climb your way out of debt. Discover whether bankruptcy is right for you.


We provide our clients with experienced immigration lawyers who are knowledgeable of the law and have the diligence to navigate your case.

Family Law

Our attorneys work in Family Law with the firm understanding that, as custody, general family, and divorce lawyers, we are here to support your loved ones’ best interests.

What Our Clients Have To Say

Read the reviews from our happy clients.


Bankruptcy – Immigration – Family Law

We prefer to return your contact directly and promptly by phone. If this is not a safe method of contact, please state so in your message.

  • Schedule a Consultation

  • This field is for validation purposes and should be left unchanged.

Our attorney offices are conveniently located in Monterey and Salinas, California.

© 2022 Miranda, Magden & Miranda. All Rights Reserved. NUVEW | Accessibility Notifications

Call Now Button