this type of filing, as we’ll discuss next.
Why File Chapter 7 in Salinas CA Chapter 7 bankruptcy in Salinas CA results in a stay being issued, requiring all communication trying to collect to stop. Normally it only takes three to six months to complete a Chapter 7 bankruptcy in Salinas CA. Not all debts are removed. College loans, child support and income tax obligations won’t be absolved. A further problem with Chapter 7 bankruptcy in Salinas CA is in scarce cases property may be sold to clear your debt.
What Can You Expect After You File Most Chapter 7 bankruptcy in Salinas CA will require you to take credit counseling classes. To pay off your debts, your assets are inventoried and sold. If you have no equity in your home or vehicles they can be declared exempt and not sold. Contact a qualified attorney if you are considering filing bankruptcy. We will help to find out if Chapter 7 bankruptcy in Salinas CA is the right choice. Sometimes things happen and your finances get out of control. When this happens you want to look at your situation with reason. We hope you now know if Chapter 7 bankruptcy in Salinas CA is the choice for you, the upside and downside, and what will happen if you file. Never try to do this alone. The laws and regulations can be tricky and a skilled lawyer can be your most beneficial asset when attempting to figure out if Chapter 7 bankruptcy in Salinas CA fits your needs. Stephen H. Kim, Attorney at Law 376A Main Street Salinas, CA 93901 831-221-5022
Chapter 7 Bankruptcy Salinas CA Chapter 7 Bankruptcy in Salinas CA
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