Best Lawyer to File Bankruptcies

When an individual is facing financial difficulties and is considering bankruptcy, it’s crucial to have a knowledgeable and experienced lawyer by their side. At the Liviakis Law Firm, we understand the intricacies of bankruptcy law and can guide you through the process, particularly if you are a homeowner.

Bankruptcy is a legal procedure that allows individuals or businesses to eliminate or repay some or all of their debts. There are different types of bankruptcies, but for homeowners, the most common are Chapter 7 and Chapter 13.

Chapter 7 bankruptcy is often referred to as a “liquidation” bankruptcy. However, homeowners will be relieved to know that this doesn’t automatically mean they will lose their home. There are specific exemptions within the law that allow individuals to keep certain assets, including, in many cases, their home. It’s essential to have a knowledgeable lawyer who can navigate these exemptions for you.

Chapter 13 bankruptcy, on the other hand, is a reorganization of debts. It allows homeowners to repay their debts over a period of three to five years while keeping their property. This option is advantageous for those who have a regular income and can meet the repayment requirements. Again, a lawyer who understands the nuances of bankruptcy law is crucial in this process.

At the Liviakis Law Firm, we are committed to helping our clients understand their options and make informed decisions. Our attorneys have years of experience in bankruptcy law, and they are equipped to handle complex cases involving homeownership. We understand the emotional stress that comes with financial difficulties, and we aim to provide our clients with the guidance and support they need during this challenging time.

Our firm offers a comprehensive consultation to discuss your financial situation, your goals, and your concerns. We will take the time to explain the bankruptcy process, determine which type of bankruptcy is most suitable for you, and develop a strategy to protect your assets, including your home. We will work diligently to ensure that you receive the debt relief you need while retaining your property.

We believe that every client’s situation is unique, and we tailor our approach to fit each individual’s circumstances. We are committed to providing personalized service and building strong relationships with our clients. Our primary goal is to help you regain financial stability and get back on track. For more information get in touch with a bankruptcy attorney that can give you solutions tailored to your situation.

Bankruptcy doesn’t have to mean the end of the road. With the right guidance and support, it can be a fresh start. If you are considering bankruptcy and you own a home, the Liviakis Law Firm is here to help. Contact us today at 916 459 2364 to schedule a consultation and discuss your options.