Local Offices: Los Angeles, Glendale, Arcadia
As a local bankruptcy attorney, I provide solutions for debt relief. I work with both individuals and businesses under chapter 7 bankruptcy or Chapter 13 bankruptcy. I offer free consultations that can help you understand your options, so you can make an informed decision. Call or schedule your free appointment today. It costs you nothing to talk to me.
I offer a free consultation, on the phone or in person. You will never be pressured to file bankruptcy with my office. In fact, after your initial consultation, I will always recommend a “cooling off period”, where you consider all your options. When you’ve made your decision… then you can call me to move forward with bankruptcy.
We ONLY handle Bankruptcy cases. We are dedicated to providing aggressive representation in a client friendly environment. We pride ourselves on providing prompt and cost effective services to all.
Chapter 7 Bankruptcy (Straight Bankruptcy)
In a bankruptcy case under chapter 7, you file a petition asking the court to discharge your debts. The basic idea in a chapter 7 bankruptcy is to wipe out (discharge) your debts in exchange for relinquishing all property that does not fall into an “exempt” category. You will be allowed to keep that property which is ruled exempt. What is not declared exempt is then sold, with the money distributed to your creditors. In most cases, all of your property will be exempt.
If you have been told by another attorney that you do not qualify for chapter 7, make sure you talk to me. It will cost you nothing. We have obtained many chapter 7 discharges for clients who were advised by other attorneys that they were ineligible. I only practice Bankruptcy law, so I know how to use every deduction and expense to keep you as a chapter 7, if such a status is to your advantage. Chapter 7 will allow you to wipe out all dischargeable debt and as such, it is the preferred chapter under which you may file. Usually your bankruptcy is completed within 3 to 4 months. If we cannot file a chapter 7 for you, it cannot be done, period.
Chapter 13 Bankruptcy (Reorganization)
Chapter 13 is useful if you have a home facing foreclosure, if your goal is to keep the home, and you have the ability to bring your payments current through the chapter 13 payment plan. You can also remove the second lien on the house in certain circumstances. In a chapter 13 case you file a “plan” showing how you will pay off some of your past due and current debts over three to five years. The most important thing about a chapter 13 case is that it will allow you to keep valuable property. If you can make the payments which the bankruptcy law requires to be made to your creditors, you can keep your home and car, which otherwise might be lost.
Debt settlement
Sometimes, it is more advantageous to settle your debt than go through a bankruptcy. We will provide you all your options so that you can make an informed decision. We can also help you settle debts or defend you in a collection matter.
Free Consultation
The facts of each case are different. We will provide a detailed, free consultation to analyze whether bankruptcy is right for you and under which chapter you are better protected. Call now and ask to talk with me, a qualified and experienced bankruptcy attorney.
We are A+ rated member of the Better Business Bureau BBB. We are a member of the National Association of Consumer Bankruptcy attorneys NACBA. We are members of the California State Bar in good standing. And we have been admitted to the U.S. Central District Bankruptcy Court, Eastern District Bankruptcy Court, and Southern District Bankruptcy Court. But more importantly, I invite you to read the reviews our clients have taken the time to write about us.
Sincerely Roland Kedikian, Esq.
