Bankruptcy law can be very complex and daunting, but it doesn't have to be with the aid and expertise of Diane Anderson, our bankruptcy attorney. The Law Offices of Diane Anderson is a bankruptcy law firm that has been helping clients in Jackson, CA, and the surrounding area since 2006. We have a proven track record of success and are dedicated to getting our clients the best possible results. If you are considering bankruptcy, we can help you explore your options and make sure that you make the right decision for your financial future.
Choosing the right type of lawyer is essential if you are considering bankruptcy. Thankfully, the team at our Jackson, CA location is well versed in all forms of bankruptcy. This includes bankruptcies for both businesses and individuals. There are different types of bankruptcy, each with its own set of rules and regulations. Each type of bankruptcy is best applied to specific circumstances. Whether you are a proprietor who requires a business bankruptcy attorney to advise you on the best action plan to save your business or an individual with overwhelming credit card debt, we will certainly manage to find the best possible solution to your financial challenges.
There are three main types of bankruptcies that are most commonly used. A Chapter 7 bankruptcy lawyer can help you if you cannot repay your debts if you are filing as an individual. A Chapter 11 bankruptcy attorney can help you reorganize your finances and keep your business running if you are a business owner. Finally, a Chapter 13 bankruptcy lawyer can help you create a repayment plan to pay off your debts over time.
Creditors are typically divided into two categories: secured and unsecured. Secured creditors have collateral, such as a mortgage on a property, that gives them a greater chance of being repaid if your business fails and you are forced to file for bankruptcy. Unsecured creditors do not have this security. Usually, unsecured debts do not have to be repaid in full. Our chapter 13 bankruptcy lawyer will be able to identify which creditors do not have to be repaid under a chapter 13 plan.A chapter 13 bankruptcy may be a good choice for individual consumers and businesses. With a chapter 13 bankruptcy, you may be allowed to keep your property, including your home and car. You will also have a payment plan to repay your debts over 3 to 5 years. Additionally, your creditors may not be able to contact you or harass you. The goal is to create enough financial security to get caught up on any credit cards, mortgage, or car loan payments you have fallen behind on. The type of creditors you face may vary, but no case is too big for The Law Offices of Diane Anderson.