Filing for bankruptcy can help you get your life back, especially when you are guided through the process successfully with an experienced and compassionate bankruptcy attorney in Los Angeles.
At the Ghanooni Law Firm, our Los Angeles bankruptcy attorney concentrates on helping people regain their financial footing by providing sound advice on their bankruptcy options. No two sets of circumstances are the same, and each client we consult with has a varying state of financial distress that requires immediate attention. We understand your trepidation with regards to filing for bankruptcy, and can assure you and your family that it is not a sign of failure — it is the ability to gain a second chance at financial freedom. Our committed bankruptcy lawyer focuses solely on obtaining financial stability for our clients, whether it is through chapter 13 bankruptcy or chapter 7 bankruptcy.
Our bankruptcy lawyer in Los Angeles has successfully counseled thousands of hard working individuals through the process that suits their personal financial situation. We offer free consultations to understand where your finances lie, and maintain a committed and supportive relationship throughout our partnership so you feel confident about your decision and its outcome. By solely focusing on bankruptcy, Ms. Ghanooni provides a flawless approach to filing your petition with the courts, and ensuring you receive the best outcome possible, whether it is a complete discharge of your debts, or reorganization with a low monthly payment. We are here to help you regain your confidence and integrity, while providing you with the clean slate you need to move forward.
Concentrated Practice Areas
At the Ghanooni Law Office, our experienced and skilled Los Angeles bankruptcy attorney concentrates on two main practice areas, which allows for a focused and successful outcome for each of our clients.
These two areas include:
Our lawyer understands better than most that bankruptcy will provide you and your family with a fresh start, no matter the reason for your filing. Although most people use bankruptcy as a last resort, and beat themselves up about the decision to move forward, it is fair to note that bankruptcy exists because it is a necessary petition to the courts. The age old process allows individuals to live their dreams and provide for their families, without swimming in high interest debt for the rest of their lives.
There are a number of reasons individuals turn to bankruptcy, and each one is as credible as the next. In our years of bankruptcy experience, we have successfully handled the cases of those who needed a fresh start due to the following:
- Failed Business Interests
- Foreclosure Threats
- Job Loss/Laid Off
- Medical Bills & Illness
- Poor Economic Conditions
- To prevent Property Repossession
- Unexpected Expenses/Damaged Property
- Wage Garnishment
At the Ghanooni Law Firm, it is our position to help, not to judge. We will guide you through the process with compassion and understanding, while leaving no detail left to chance so you can start your life anew again.
Thorough and Exacting Representation
The Los Angeles bankruptcy lawyer at the Ghanooni Law Firm has developed a user friendly approach to outlining your financial situation, so you only have to answer the questions with a straightforward approach. It is important that we record only accurate information to present to the courts, so your paperwork is final when the petition is filed.
Our detail oriented attorney will handle all of the paperwork necessary to get you through the next stage of the process, which differs for each type of bankruptcy. Depending on your income to debt ratio, we will be able to determine which type of bankruptcy filing fits your financial needs best; chapter 13 bankruptcy or chapter 7 bankruptcy.
Chapter 13 Bankruptcy Explained
If you have a higher level of income, or numerous assets that keep you from qualifying for Chapter 7 Bankruptcy, the alternative is a debt restructuring plan called Chapter 13 Bankruptcy.
Chapter 13 Bankruptcy allows our attorney to list your assets, debts, monthly expenses and income in an effort to design a personal repayment plan that will be approved by the court. This repayment plan will include agreed upon repayment amounts from your creditors, as well as any past due mortgage or car payments that need to be included into the filing so you can maintain ownership of them going forward. The repayment window is three to five years and all payments must be made on time in the amount agreed upon by the trustee.
Chapter 7 Bankruptcy Explained
Chapter 7 Bankruptcy is the opportunity to wipe your debt slate clean. Although your assets will be protected by this form of bankruptcy, your debts will be discharged as a result. Individuals who qualify for this process are typically unable to meet their day to day expenses, let alone the minimum payments on their credit cards or medical bills.
Chapter 7 Bankruptcy requires a petition to the courts, including your income and total debts, which will later be reviewed in a mandatory meeting with a trustee to review your case for accuracy. We will handle the paperwork, and accompany you to the hearing, so you will never be alone during this difficult time. Once the trustee concludes your hearing, your debts will be discharged within three months of your hearing date.
Making the Right Decision
Our Los Angeles bankruptcy attorney understands that filing for bankruptcy is a tough decision. We will guide you through the process leaving no financial detail left to chance, so at the end of the proceedings you can feel great about making the right decision to regain your financial freedom.
Allow our attorney to put a stop to the threatening contact and harassing phone calls today. From the moment we take on your case, you can direct them to call us so that we can ensure them that we are enacting a plan to set you free from debt, so you can breathe easy when the phone rings.