How Local Bankruptcy Attorneys Prepare a Bankruptcy Case

Bankruptcy proceedings can be complex and intimidating. However, at Liviakis Law Firm, we make the process straightforward and manageable for our clients in Sacramento, CA. The key to our approach lies in meticulous preparation.

Understanding Your Financial Situation

The first step we take in preparing a bankruptcy case is gaining a comprehensive understanding of your financial situation. We assess your income, assets, debts, and expenses. This evaluation provides us with the necessary insights to determine the appropriate bankruptcy chapter under which to file.

Documentation

Accurate documentation is critical in a bankruptcy proceeding. We assist you in gathering all necessary documents, such as tax returns, bank statements, and pay stubs. These documents provide a clear picture of your financial standing, essential for presenting a compelling case.

Bankruptcy Counseling and Education

Before filing for bankruptcy, you are required by law to undergo credit counseling. Additionally, before your debts can be discharged, you must complete a debtor education course. At Liviakis Law Firm, we guide our clients through these requirements, ensuring they are well-prepared and informed throughout the process.

Preparing and Filing the Petition

Once all the necessary documents are in place, and the mandatory counseling and education are completed, we help you prepare your bankruptcy petition. This document outlines your financial situation and proposes a plan to repay or discharge your debts.

At Liviakis Law Firm, we understand that each client’s situation is unique. Therefore, we tailor every bankruptcy case to the individual’s specific needs. Our thorough preparation process ensures that our clients in Sacramento, CA, have the best possible chance of achieving financial freedom.

Are you looking for local bankruptcy attorneys to assist you with a bankruptcy case? Please contact Liviakis Law Firm at 916 459 2364. We’re here to help you navigate the complexities of bankruptcy law.