Are you concerned what will happen to your property after you pass? Contact us for comprehensive review and evaluation of your estate planning goals. We will meet with you and determine the most efficient and effective Estate Planning approach that best meets your needs. We offer Family Law services to people who need the full representation offered by an attorney, as well as assistance to those who choose to represent themselves by filling out documents and navigating the Family Law court system.
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Most people think of bankruptcy as a sort of "do over."
However, the U.S. Bankruptcy Code can do so much more than that.
Did you know, for instance, that through a bankruptcy you could save your home, get rid of certain business debts (and still keep operating the business), get rid of some outstanding income and certain taxes, get rid of a second (or 3rd) mortgage, remove judgment liens from your property, and even pay back your mortgage arrears through the bankruptcy court?
These are only a few of the examples of what the Bankruptcy Code can do for those in need of help from the overwhelming burdens of debt.
However, the U.S. Bankruptcy Code can do so much more than that.
Did you know, for instance, that through a bankruptcy you could save your home, get rid of certain business debts (and still keep operating the business), get rid of some outstanding income and certain taxes, get rid of a second (or 3rd) mortgage, remove judgment liens from your property, and even pay back your mortgage arrears through the bankruptcy court?
These are only a few of the examples of what the Bankruptcy Code can do for those in need of help from the overwhelming burdens of debt.
Chapter 7 Bankruptcy, also known as liquidation, is the most common form of bankruptcy.
Do not be alarmed by the word "liquidation".
It means that if you qualify to file chapter 7 Bankruptcy you can be relieved of the responsibility to pay most of your debt and still keep much of your property which can be protected under the generous California Exemptions.
The purpose behind a chapter 7 is to help you through unforeseen financial difficulties, to assist you back on your feet and provide you with a fresh start.
Do not be alarmed by the word "liquidation".
It means that if you qualify to file chapter 7 Bankruptcy you can be relieved of the responsibility to pay most of your debt and still keep much of your property which can be protected under the generous California Exemptions.
The purpose behind a chapter 7 is to help you through unforeseen financial difficulties, to assist you back on your feet and provide you with a fresh start.
Unlike a Chapter 7 Bankruptcy that can liquidate nonexempt property and discharge any remaining debt, a Chapter 13 Bankruptcy, or Wage Earner's Plan, permits you to keep most or all of your property and consolidates a portion of your debts, if you agree to on a repayment plan for your creditors over the course of three to five years.
We can help you decide if a Chapter 13 Bankruptcy is right for you.
If you have make too much income to qualify for a Chapter 7, a Chapter 13 bankruptcy may provide a way to pay off a percentage of your overall debt over a predetermined period of three to five years, after which the remaining debt may be discharged.
We can help you decide if a Chapter 13 Bankruptcy is right for you.
If you have make too much income to qualify for a Chapter 7, a Chapter 13 bankruptcy may provide a way to pay off a percentage of your overall debt over a predetermined period of three to five years, after which the remaining debt may be discharged.
We can evaluate your situation to determine the best course of action for you, whether that be debt negotiation, filing chapter 7, filing chapter 13, filing chapter 11, short selling your home, or negotiating with your lender.
If you are caught in an endless cycle of debt, it is not your fault.
Exorbitant interest rates on credit cards, medical bills and job loss are a few of the many reasons that cause financial hardship and can happen to anyone.
Millions of Americans throughout the U.S. are struggling to make ends meet.
If you are caught in an endless cycle of debt, it is not your fault.
Exorbitant interest rates on credit cards, medical bills and job loss are a few of the many reasons that cause financial hardship and can happen to anyone.
Millions of Americans throughout the U.S. are struggling to make ends meet.
Too Many Assets: Although California offers its residents generous exemptions to protect assets in bankruptcy, some clients simply have assets that cannot be protected.
For example, you may own valuable stocks and bonds, or have significant equity in real property or a business.
In these cases, clients often elect to settle their debt at a steep discount rather than risk their assets in bankruptcy.
Too Much Income: Occasionally, we meet with clients who make too much money to qualify for bankruptcy.
For example, you may own valuable stocks and bonds, or have significant equity in real property or a business.
In these cases, clients often elect to settle their debt at a steep discount rather than risk their assets in bankruptcy.
Too Much Income: Occasionally, we meet with clients who make too much money to qualify for bankruptcy.
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