Considering bankruptcy as a means of relief? It is imperative that you have an experienced attorney on your side.
The nationwide financial crisis that struck in 2008 left countless Americans in a position of financial struggleâa position that many individuals still find themselves in today. Many corporations were forced to shut down, leading to thousands of layoffs across California. Over the past few years, many families have suffered with financial debt, and have been struggling just to make ends meet. At The Law Offices of Joseph M. Tosti, the team wants you to understand that you are not the only person struggling with financial debt. Although bankruptcy may seem like an intimidating process for some, it is often a solution to obtaining debt relief and a financial fresh start. Not only does filing for bankruptcy put an immediate end to creditor harassment; it also stops processes such as foreclosure and repossession, reverses bank levies, and ceases wage garnishments.
If you are struggling financially but are unsure if bankruptcy is the best solution for you, the firm can assist you in determining what course of action would be the most beneficial for your situation. While a Chapter 7 bankruptcy is intended for those who owe a significant amount of debt but cannot afford to pay back any of it, a Chapter 13 bankruptcy allows you to hold on to your properties while making monthly payments toward a repayment plan. In addition, if you are a business owner looking to reorganize your debts, the firm can assist you in filing a Chapter 11 bankruptcy. Whether filing for bankruptcy or finding an alternative course of action is most suitable for your situation, the team will guide you throughout the entire process and do everything they can to help you obtain debt relief. If you would like to learn more about the services an Orange County bankruptcy attorney may be able to provide you with, call The Law Offices of Joseph M. Tosti at (888)361-8162 to schedule your free case evaluation.