Chapter 7 & Chapter 13 Bankruptcy Attorney in San Francisco, CA

Chapter 7 & Chapter 13 Bankruptcy Overview

Chapter 7 and Chapter 13 Bankruptcy

At Patrick McMahon, Attorney at Law, we are experienced, understanding and compassionate toward our clients, and we work very hard to make sure you get the debt relief you need. We provide assistance for individuals in bankruptcy law in San Francisco, California, and in Oakland, Alameda, Contra Costa, San Mateo, Daly City, Redwood City, and Burlingame and throughout the Bay Area. Our firm has more than 25 years of legal experience and has dedicated 14 years exclusively to bankruptcy law.

Chapter 7

An individual must qualify for Chapter 7, meaning that certain requirements must be met. The requirements are mainly based on your income and what assets you have. It’s important to know that if you do not qualify for Chapter 7, you may be able to qualify for Chapter 13.

If you qualify to file for Chapter 7, you will be able to discharge all unsecured debt. This includes credit card bills, medical bills and other personal loans. As soon as you file Chapter 7, a court order is put in place to stop creditor harassment, stop foreclosure, stop repossessions and stop wage garnishments. Many times, you will be able to keep your home, car and other belongings.

Chapter 13

The basis for Chapter 13 is repayment of certain debts through a payment plan that is determined by the bankruptcy court. To qualify for Chapter 13, an individual must have a regular incoming paycheck that demonstrates he or she has the ability to make the determined monthly payment amount.
 
Some debt may be discharged in Chapter 13 at the end of your plan, and you will likely be able to keep your home, car and any other belongings. Speak with a bankruptcy lawyer to determine what debt will be discharged at the end of your plan.

As soon as you file bankruptcy, creditor harassment, foreclosure, repossession and garnishments will also stop. It is very important you speak to an attorney to determine if bankruptcy is right for you. At our firm, our attorney will spend time with you and listen to your situation.

Contact us today to schedule a free consultation at 415-644-5280. Our attorney is available to meet at your convenience and can provide on-site Spanish interpretation if needed.

We are a debt relief agency dedicated to helping clients file for bankruptcy under the Bankruptcy Code.

Other Frequent Case Types

• Stop Creditor Harassment in Bankruptcy in San Francisco, CA
• Student Loans in Chapter 13 Bankruptcy in San Francisco, CA

Areas of Practice

• Chapter 7 & Chapter 13 Bankruptcy
• Bankruptcy Law