For many people, financial difficulties arise from any number of different reasons – major medical expenses not covered by insurance, divorce, the loss of a job, or even the death of the family’s primary breadwinner – and these can result in an inability to pay the bills. Often, credit card bills mount as the cards are used to pay the other bills that there just isn’t enough income to cover. Frequently, the situation continues to grow worse, and the options dwindle. Many people do not see a way to manage their debts. If you find yourself in such a situation, you should consult with a Hollister bankruptcy lawyer to find out how Chapter 7 bankruptcy might help get you out of your financial crisis.
If you qualify for Chapter 7, this form of bankruptcy can eliminate most of your debts. Even if you have legal judgments against you, Chapter 7 can eliminate that debt in most situations. At the end of this type of bankruptcy case, your debts can be discharged, which means you no longer are legally obligated to repay the money. This includes debts or judgments for such things as:
Clearing up these debts can help you keep up on payments for secured debts – such as auto loans or mortgages – that are not dischargeable in Chapter 7.
While most debts are discharged in Chapter 7 bankruptcy, some are not. For instance, you cannot decide you are going to declare bankruptcy soon and then run up as much debt as possible on credit cards or by other means. You can’t get rid of secured loans, such as the loans on your car or your home. You usually can reaffirm those debts and keep that property, so long as you continue to make timely payments. Other debts that cannot be discharged in Chapter 7 bankruptcy include:
Chapter 7 is not right for everyone, depending on the type of debt you have and other factors, such as your income and property. Our lawyers can evaluate whether Chapter 7 bankruptcy is right for you and help you through the process.
If you find yourself in an impossible financial situation and are considering bankruptcy, you should talk to a Hollister Chapter 7 bankruptcy attorney. Contact the attorneys of Miranda, Magden & Miranda, LLP. They can provide the assistance that you need to deal with your problem.
Thank you Miranda and team for the excellent service provided. Miranda is a compassionate, understating, extremely knowledgeable and professional attorney. Her team was always on top of everything making my legal process less stressful. I could never thank Miranda and her assistant Ingrid for holding my hand throughout this difficult process (literally). Miranda is one of the BEST immigration lawyers ever! I would definitely recommend her.
They represented my custody case and handled it like it is their own case and they are best in Monterey County.
The entire team at MMM are superstars! I appreciate all the time and prep that went into my original case many years ago. And now recently, I asked for some help on a follow-up custody matter that I felt I could handle myself but just needed their expertise to properly represent all the important details. They are knowledgeable, extremely thorough, and prepared me for every possible scenario. I can't thank them enough!
My partner and I sought legal advice on bringing my fiance' to the United States with this office after having called a few immigration attorney offices around Monterey County. Having never sought legal advice before it was a refreshing experience in which we both really felt that Patricia listened intently to our goals and needs, and then not only gave us thorough advice, but also she really showed a lot of empathy with our situation and all the challenges we faced in what we trying to do. I would definitely recommend this office for anyone who is unclear about what..
Working with Patricia was a professional encounter unlike any other, an absolute 5-star experience. From the first moment, we walked into our consultation until the moment our case was closed and my husband walked away with his permanent resident card Patricia was communicative, professional, and thorough. Her team contacted us every step of the way providing valuable process and law changes we would not have been able to catch if we tried to navigate this endeavor alone. Patricia answered our endless question stream with thoughtfulness and care, calling us countless times to ensure we were clear on every piece of..
Last year, I had just moved in the area and needed a family law attorney for a custody case. The process of finding/choosing an attorney could be daunting. However, when I went in for my first consultation with Levi my stress level was immediately mollified. He was personable, which made me feel comfortable to discuss my personal matters freely. I had a lot of questions of the legal process that would take place and he took the time to explain everything with meticulous detail. More importantly, when I called Levi he returned my phone calls in a timely/professional time frame...
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