Lancaster Office
(Serving Los Angeles and Kern Counties)
45074 10th Street West, Suite 103
Lancaster, CA 93534
Phone: (800) 958-6760
Available 24/7/365 by phone
Directions
Monday – Friday: 8:30am – 7:00pm
Saturday: 9:00am – 5:00pm
Sunday: Closed
Lancaster Bankruptcy Attorney
About Us
We understand that our clients come to us in difficult times in their lives, and our lawyers pride themselves in providing legal services that can change your situation. We provide a client-oriented experience, and pride ourselves in solving our clients’ financial and legal problems, while explaining each step of the process. Furthermore, we create tailored legal solutions that best fits your individual needs. To do so, a well-balanced and experienced legal team is needed. Our team of experienced attorneys not only is well-versed in bankruptcy, but also are experts in alternatives such as short sales, debt consolidation, and second mortgage settlement. Whatever the right course of action for you is, our attorneys will expertly guide you every step of the way, and see to it that your financial future is much brighter. After solving the financial issues that bring our clients to us, we go a step further, offering services to prevent re-occurrence of financial hardship. Our estate planning services include living wills and trusts, and help ensure that our clients and their families have bright future.
Our Experience
We offer personalized service from experienced and knowledgeable attorneys. Our lawyers have filed over 10,000 cases, and have encountered almost any situation that can occur within bankruptcy. We are a full service bankruptcy firm that has over 30 years of combined experience in the field. Given the hundreds of attorneys and firms that began practicing bankruptcy when the recession hit, it is important to retain career bankruptcy lawyers such as those at our firm.
Services We Offer
At our firm, we provide a number of legal options for our clients aimed at solving their financial issues. We provide both Chapter 7 and Chapter 13 bankruptcies, and never use bankruptcy preparers or paralegals to handle your case. While we are well known for our bankruptcy practice, we also understand that this is not always the correct course of action for our clients. Therefore, we developed a number of legal alternatives to bankruptcy for our clients. We offer debt settlement to those with a large amount of credit card debt. We can negotiate with your creditors and achieve low settlements for you, given our experienced legal team and their knowledge of creditor and debtor rights. However, we also have many clients who come to us in order to save their home.
Saving Your Home
If you are having trouble with your lender and are in danger of losing your home, employing our attorneys can save your house. The numerous legal options that our attorneys are experienced in give you a wide array of solutions to fit your individual needs.
Often times the financial issues that our clients have are almost entirely created by a burdensome second mortgage on their home. These often have higher interest rates, and were taken out when home owners saw their home value rise, only to see them sadly plummet again. When this occurs, our attorneys have a number of tools at their disposal to help you. The first option is to allow our attorneys to settle the amount you owe on the second mortgage with your lender. The laws governing first and second mortgages differ, and our experienced attorneys can navigate these laws to negotiate your principal down to a manageable level. Another option is to strip off the second mortgage within a Chapter 13 bankruptcy. If you are one of the many home owners who have a first mortgage that is greater than the value of their home, we can strip your second mortgage off of your home, resulting in you paying a fraction of what you owe.
If these above options do not work for you, we also handle short sales. This allows you to sell your home for less than your mortgage, but often entails long and complicated negotiations with your lender. We are able to handle this for you, avoiding the need of foreclosure. If foreclosure proceeding have already been started against your home, we offer foreclosure services as well.
After these issues are resolved, we can work with you to plan for a secure financial future. Our estate planning services include wills and living trusts, and our experienced attorneys will help ensure that you and your family will have a bright future.
Free Consultation
At our firm, we offer free consultations to our clients. When you call, one of our attorneys will establish your needs, goals, and what course of action is right for you. Once this is done, our attorneys can tailor a legal solution to your situation and your needs. Our attorneys will answer any questions you may have, and explain the upcoming process and what to expect. They will be there every step of the way, and deliver the personalized experience that our clients have come to be expected from our firm. Whether its bankruptcy relief, debt settlement, short sale, or another legal option, you can rest assured that you will be in the experienced and competent hands of the lawyers at our firm.
Debt Options that You May Not Know Of
If you are one of the many Americans struggling with debt, you probably are exploring options to pay them off. There are a number of strategies to lower your interest rates and balances, but all should be taken carefully with a great deal of research and caution.
Negotiate with your creditors. It is important to contact your creditors directly if you are unable to pay your debt. It is in the creditor’s best interest if you are able to pay the full amount, so they may be willing to work with you on lowering interest rates or creating a debt repayment plan. Other creditors may even reduce your balance. If the account is in collections and has been bought by a collections agency, they have paid pennies on the dollar for the debt and may be willing to settle for less than you owe. However, the willingness of creditors and collection agencies to work with you will vary.
Another option is to consolidate debts. The idea is to consolidate your debts into a smaller number of debts that carry lower interest rates or are otherwise easier to pay off. However, consolidation has its risks, so always read the fine print on the new loan to make sure you know what you are getting yourself into, and be wary of options that sound too good to be true. If you are a homeowner with equity in your home, you may have some favorable options. Assuming that you can get a home loan with a low interest rate or refinance, you can use the additional cash to pay off your high interest credit cards or personal loans. The advantage is that you essentially swap high interest debt for lower interest debt, and often interest payment on mortgages can be tax deductible. The disadvantage is that you are putting your home on the line. In addition, second mortgages can hold high interest rates, and have unfavorable terms. Therefore, always make sure you read the fine print and know what you are getting into. Also weigh this option against your alternatives. Bankruptcy can wipe out unsecured debt like credit cards, but often not secured debt like a second mortgage. Also, homestead exemptions may be able to save that equity in your home when in bankruptcy. Thus, if you take this step and then need to file bankruptcy later, you have converted debt that could have been wiped out into debt that cannot.
Another option is to consolidate credit card debt into one card. If you are able to get a new card with a low interest rate and good terms, it may make sense to put your higher interest rate debt onto this card. The advantage to this is that it is easy, takes little time and effort, and can lower your interest rate. The disadvantage is that you may not be able to find such a deal, too many credit cards can hurt your credit score, and there are fine print issues such as teaser rates, balance charges, and annual charges.
Whichever strategy you use, it is important to create a debt repayment plan to pay off the consolidated debts you have created. These steps can be tricky and fraught with peril, so consult a financial professional or attorney to protect yourself.