Los Angeles Business Debt Reduction Attorneys
Debt and the New Bankruptcy Laws
Many of our clients have been told that under the new bankruptcy laws, they have little or no chance of obtaining a liquidation of their debts under Chapter 7 personal bankruptcy. This is quite simply WRONG!!!
Contrary to popular belief, the new bankruptcy laws did not eliminate Chapter 7 bankruptcy. Credit card companies and banks thought they bought the "means test" legislation to do just that, but the fact is that the capable attorneys of Weintraub & Selth, APC have a proven record of success in helping people qualify for complete consumer and business debt relief under Chapter 7.
The new bankruptcy laws draw an important distinction between consumer debt and business debt. If the majority of your total debt is "business debt", none of the new obstacles to bankruptcy apply. To determine whether you qualify for bankruptcy relief or to learn more about the new bankruptcy laws and your business and consumer debt, please contact us today.
The Importance of Hiring a Bankruptcy Attorney
Under the Obama administration, bankruptcy law will very likely be reformed. Unlike fly-by-night companies that promise you an unrealistic reduction in your consumer or business debt (if you pay them enough money), the team at Weintraub & Selth is made up of licensed and insured attorneys with a long list of successful cases to their credit. We expect major changes to Chapter 13 of the bankruptcy Code which will allow you to eliminate certain mortgage debt entirely and modify other mortgage debt in a way which is so favorable that it will allow you to keep your home. If you are interested in learning whether the proposed new Chapter 13 bankruptcy law will help you, call one of our attorneys to discuss your situation.
We can help you pursue real relief from all forms of business and consumer debt, including:
- Mortgage debt (debt on your home)
- Credit card debt
- Secured and unsecured debt
- Tax debt
Please call our L.A. offices at (310) 584-7702 or toll free at (866) 572-2423 to schedule a consultation to discuss your situation and your real, legal and ethical options for obtaining debt relief. You may also e-mail us now with any questions or to request an appointment with an experienced lawyer.
