Many individuals, households, and business owners face financial hardship at some point. If your debt is overwhelming and you are constantly dodging collection calls or receiving notice of creditor lawsuits, it is time to discuss your options for financial relief with an experienced bankruptcy lawyer. While Chapter 7 bankruptcy is not the solution for everyone, our firm has seen many clients start fresh after successfully completing the bankruptcy process. Contact a Hollister Chapter 7 bankruptcy lawyer at Miranda, Magden & Miranda, LLP for more information today.
While there are different types of bankruptcy available, Chapter 7 is the most common among both consumers and businesses. Chapter 7 is often referred to as the “liquidation bankruptcy” because filers may have to give up certain property for liquidation as part of the process. However, the benefits of Chapter 7 often far outweigh the risk of losing assets and property, and some filers do not have to give up property at all. It is always worth it to discuss the Chapter 7 bankruptcy process with an attorney to learn about your options.
There are many steps in a Chapter 7 case, including:
While the process may seem straightforward, there are many opportunities to make errors that may result in delays or even the dismissal of your case without a discharge. It is critical to have the assistance of the right bankruptcy lawyer in Hollister from the very beginning until your case is resolved.
Chapter 7 bankruptcy is available for individuals, married couples, and businesses, but this does not mean that Chapter 7 is always the right choice. First, you have to make sure that you qualify for this type of bankruptcy case, as not everyone does. Consumers filing for Chapter 7 must pass the “means test,” which compares your income against the median income for your state. If your income is too high, the law assumes that you have enough money to make payments and will not allow you to seek a Chapter 7 bankruptcy.
There are other reasons that parties may wish to file for a different type of bankruptcy, such as:
You should carefully consider whether Chapter 7 is the right choice to ensure you gain the most possible from the bankruptcy process.
The bankruptcy lawyers at Miranda, Magden & Miranda, LLP help clients in the Hollister area find solutions to their financial issues. We can evaluate your best options and guide you through the bankruptcy process. Contact us for more information today.
Patricia has been so helpful and provided excellent service. My husband and I are so grateful for all the help she has provided to help me immigrate to the United States. We really could not have gotten through it without her help. A big thank you to Patricia\'s assistant, Ingrid as well for always being prompt with responses and helping us get all the paperwork ready at each stage. I highly recommend Patricia for anyone who needs immigration help.
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..
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