San Diego Bankruptcy Attorney – San Diego Chapter 7 Help
As a San Diego bankruptcy attorney, I want you to know that when a potential client seeks Chapter 7 help, there are certain preliminary questions that need to be answered and documents that need to be compiled. The following list is meant to give you a very general idea of the process and what is expected.
First, we have to take a look at the means test. I am sure that anyone who has even considered filing for Chapter 7 has come across the means test. At its most basic, the means test requires you to show that your income is low enough as to not qualify for a Chapter 13 repayment plan. The income cut-offs are different depending on the number of wager-earners in the household.
Second, we need to gather documents. It is beneficial to brings in all your bills so that we can see how much is owed. Also, we will be notifying your creditors of your Chapter 7 filing so we need their contact information.
Third, we need to know about ALL your assets. We cannot omit anything or you could be facing a perjury charge when you sign your petition under penalty of perjury.
Fourth, given your assets, we need to determine what property is exempt. If the property is exempt, the trustee cannot sell that asset to satisfy creditors.
Finally, using the information above, we prepare the petition and schedules. You will then come into the office to review the documents and verify their accuracy. Once this is completed, we can file your Chapter 7 and get you on your way to a fresh start!
For 35 years, the San Diego bankruptcy attorneys at the Law Office of Harold D. Thompson have been providing San Diego Chapter 7 help to consumers just like you who are looking for a fresh start. Don’t let your creditors take any more of your hard-earned money. Take control of your financial future today. We encourage you to contact our office at 888.590.1773, download a FREE copy of our California Guide to Bankruptcy or find out how you can become a client right away!
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