Salinas Debt Relief Lawyer
Debt can be a source of overwhelming stress to anyone struggling with financial issues. You may not know what to do or who you can turn to for assistance. At Miranda, Magden & Miranda, LLP, we understand what you’re going through, and we want to help. If you’re struggling to overcome debt, having an experienced Salinas debt relief lawyer on your side can make all the difference.
We believe in treating our clients with compassion and respect. Our number-one goal will always be to help relieve you of your debt so you can achieve financial success. If you’re dealing with complications with debt and want to learn your options, we invite you to contact Miranda, Magden & Miranda, LLP today.
Bankruptcy as a Debt Relief Option
When we sit down with you and go through your debts, we’ll let you know the best options for your particular situation. In many cases, bankruptcy is the appropriate solution to relieve you of a variety of overwhelming debts. Bankruptcy can help if you are dealing with any of the following:
- Racking up high credit card balances to cover other debts
- Having monthly debt payments that are higher than your income
- Constantly getting collection calls and letters
- Having creditors reporting late payments and defaults on your credit report
- Facing lawsuits filed by creditors to obtain judgments for your debts
- Having your wages garnished by creditors to enforce judgments
- Facing possible eviction or utility shut-offs
At Miranda, Magden & Miranda, LLP, we regularly handle Chapter 7 bankruptcy filings. With this option, a trustee is appointed to assess your bankruptcy estate and potentially sell some of your property to your creditors. Generally, you are allowed to keep most or all of your property due to bankruptcy exemption laws and other stipulations. At the end of your case, your qualified debts can be discharged.
The following are some examples of debts that can be relieved by a Chapter 7 discharge:
- Credit cards
- Medical bills
- Benefit overpayments
- Personal installment loans
- Loans from family or friends
- Small business debts for sole proprietors and partnerships (in personal bankruptcy cases)
- Past-due rent and utilities
- Some tax debts
- Most civil judgments
As you can see, Chapter 7 bankruptcy can address many types of debt, which can provide significant financial relief for your household. This can eliminate many payments, which frees up funds to ensure you can cover any debts that cannot be discharged in your case. It is important to have an experienced lawyer evaluate whether or not bankruptcy is the right debt relief option for your situation.
Contact a Professional Debt Relief Lawyer in Salinas
If you are ready to proceed and overcome your debts, get immediate help from Miranda, Magden & Miranda, LLP, by contacting us online. We’ll handle your bankruptcy case and help you protect your rights while relentlessly pursuing the right debt relief option for you. Schedule a no-fee bankruptcy consultation with a debt relief attorney now; we’ll answer all of your questions and lay out a course of action to deal with your debt and give you the fresh start you deserve.