The best attorneys to file for affordable bankruptcy in California

Bankruptcy can provide you with much-needed relief in times of financial distress by either eliminating your debts, or providing you with a restructured plan for debt repayment. Though you will get rid of your debt but not without some serious consequences, it may remain on your credit report for 7 to 10 years, and a co-signer may be responsible for paying at least some of the debt. Moreover, not all of your debt can be eliminated, and you may not necessarily get a clean slate. 

 

However, if your debts have become overwhelming, and you are unable to repay them under your current circumstances with your best efforts, you may consider filing for bankruptcy. Most individual bankruptcies in the US are filed either under Chapter 7 or Chapter 13 of the US Bankruptcy Code. Under Chapter bankruptcy, a trustee will be appointed by the federal court to liquidate your nonexempt assets to pay creditors. There are priority rules for paying the debts. The applicant filing for affordable bankruptcy California will have to complete several forms, including a petition to the court. For this, you can take the help of expert attorneys, such as the ones available with Recovery Law Group, who can help you file details of the debtors’ finances, incomes, expenses, and assets. 

 

Automatic stay on creditors collection activities 

 

The lawyer working with you for affordable bankruptcy California will ensure that your creditors do not harass you once bankruptcy is filed. This happens due to the Automatic Stay that automatically becomes enforceable as soon as you file for bankruptcy. Automatic stay will prevent your creditors to stop all collection activities immediately, including making you phone calls, sending you emails or text messages, visiting your premises or office, or calling your family members or colleagues. The bankruptcy court will appoint a trustee to oversee your affordable bankruptcy California process, and determine which assets can be liquidated to repay. The trustee can also schedule meetings with your creditors, where the validity of your petition and finances is confirmed. 

 

Means Test for Chapter 7 Bankruptcy 

 

To qualify for Chapter 7 bankruptcy, you must qualify a Means Test. To pass the test, your average monthly income for the past six months of the size of your family should be less than the average median income in the state of California. However, if you fail to pass the Means Test, your Recovery Law Group’s providing you with affordable bankruptcy California can suggest you to file for bankruptcy under Chapter 13. Under Chapter 13, you will be given the option to repay your outstanding debt over a period of three to five years. It will help you save your house and car, and also wage garnishments by the creditors. 

 

Repayment plan under Chapter 13 bankruptcy 

 

You will also have to attend a credit counseling course at least 180 days before filing for Chapter 13 bankruptcy, from an agency approved by the Department of Justice U.S. Trustee Program. Your monthly Chapter 13 payments will begin from the month you file. If the bankruptcy doesn’t confirm your plan, the trustee will refund your payments. Once you make all the payments, any remaining debts will be discharged or eliminated. However, in order to discharge your remaining debts under Chapter 13, you must make all payments, be current on child support and alimony obligations, and complete a debtor’s education course. 

 

 

Medical Debt Defense Lawyers: Savior for your Financial Recovery

Healthcare costs are a nightmare for millions in the United States, with people struggling to afford medical bills in case of sudden illness or injury. Many people have health insurance to help cover these costs, still they often end up with astronomical charges due to high deductibles, out-of-network charges, or certain procedures that are not covered by insurance. Thus, medical debt defense lawyers become indispensable in helping people overcome the challenges connected with medical debts. 

The Compounding Dilemma of Doctor Bills 

The medical bills may relate to emergency room visits, surgeries, chronic illness treatments, diagnostic tests, specialist consultations, and prescription medications. There are added challenges, such as aggressive approaches when collecting outstanding dues. Medical care centers and healthcare facilities may transfer unpaid invoices to collection agencies, who may employ aggression to obtain the amount owed. This can include daily calls, threats to file lawsuits, and even having money deductions part of the workers' wages.  

Significance of Medical Debt Defense Lawyers 

Medical debt defense lawyers work to represent individuals with medical debts and their legal assistance is important since people can be unfairly treated. Here are three key ways they make a significant difference:  

1.             Legal Expertise and Representation: These lawyers have extensive experience in healthcare laws, insurance laws, and consumer protection laws. They can recognize billing mistakes and regulation breaches, contest expenses imposed to slice or eradicate the amount. 

2.             Negotiating with Creditors: Medical debt defense attorneys work as negotiators to help people settle their debts at a lower cost than the initial bill and avoid further credit score deterioration. They also set easily affordable payment structures that relieve the financial burden on the clients. 

3.             Protecting Clients' Rights: Most people have limited knowledge of their rights concerning medical-related debts. These lawyers inform clients and protect their interests as the matter unfolds. As a legal profession, they, on behalf of clients, shield them from being harassed and abused in line with the Fair Debt Collection Practices Act. 

 

Selecting the Best Medical Debt Defense Attorney 

When it comes to medical debt, choosing the right lawyer is very important. Consider the following factors: 

1.             Experience and Specialization: Opt for lawyers who have specialized in medical debt defense so that they can help in court. Their experience in healthcare law and debt collection is irreplaceable. 

2.             Reputation: Check with their previous clients and seek information from the lawyer through website feedback, complaints, or compliments. An independent and efficient lawyer stands a better chance of providing excellent results. 

3.             Communication: In this case, it is imperative to communicate well. Choose an attorney who has the time to communicate with the client and clarify any steps involved in the process. 

4.             Fees and Payment Plans: When retaining a lawyer, one needs to ask about the lawyer's hourly rate, and determine whether a lawyer is affordable according to one's wallet. A few attorneys work on a contingency fee basis, meaning they don't get paid unless they secure the result you want or help you lower your debt. 

If you are overwhelmed by medical bills, do not hesitate to consult a medical debt defense attorney. This support can help understand the issues related to medical billing and debt collection and strive towards a secure and stress-free life. 

To those who require the services of professional lawyers in medical debt cases, Recovery Law Group is here to help with professionalism and empathy. In the times when claiming rights and striving for victory are challenging, Recovery Law Group is a reliable partner in the battle against medical costs. Recovery Law Group’s medical debt defense lawyers can also help you file for bankruptcy either under Chapter 7 or Chapter 13, in case your medical bills have become so overwhelming that only bankruptcy is left for you as a way out, and get rid of them. 

 

 

 

Chapter 7 bankruptcy Las Vegas to eliminate your debts and give you a fresh restart for financial stability

Chapter 7 bankruptcy focuses on liquidating your non-exempt assets, and your many types of unsecured debts are eliminated. You may be suggested to file for Chapter 7 bankruptcy by your lawyer based on certain signs, like your unsecured debts are more than half of your annual income, or it would take you five years or more to pay your debts even if you took extreme measures. Bankruptcy will set you financially free as debts get discharged, and you also get peace of mind. When the stress and anguish go away, you will be in a condition to make better decisions, and handle your financial life in a better way.   

  

When the process is complete, a vast majority of debts will be eliminated, and you will have a cleaner slate to start afresh. To qualify for Chapter 7 bankruptcy Las Vegas in Nevada, you will have to pass a Means Test, that aims to prevent low earners from getting the benefits of Chapter 7 bankruptcy protection. To qualify for the test, your average monthly income prior to six months of filing for bankruptcy should be less than the median income of the size of your household in the state. However, disabled veterans, and members of the National Guard or military reservists are not required to undergo Means Test. Be truthful and provide full and complete information. Don’t use any tricks to hide details of your financial information, as these tricks will be caught sooner or later by the court-appointed trustee who will execute your bankruptcy order by the federal court. Also, this can potentially lead to fraud and criminal charges.   

  

If you fail to pass the Means Test, you can still qualify for bankruptcy, but then you will have to file for it under Chapter 13, wherein you will be given three to five years to repay all your outstanding debt to your creditors under the supervision of a court-appointed trustee. A married couple can file for Chapter 7 bankruptcy Las Vegas either jointly or individually.   

  

Some debts that can be discharged under Chapter 7 are:  

  

·         Credit card balances  

·         Utility bills  

·         Medical bills  

·         Collection agency accounts  

·         HOA fees  

·         Mortgage or automotive loans  

·         Social security overpayments  

  

However, some debts cannot be discharged under Chapter 7. These include alimony, child support, personal injury debts, and student loans.   

  

There are some eligibility restrictions for filing for Chapter 7 bankruptcy Las Vegas. These include:  

  

·         You are able to repay some debt  

·         Some of your debt was discharged in bankruptcy earlier  

·         Your bankruptcy petition was dismissed in the past 180 days  

·         You failed to attend the mandatory credit counseling  

·         You are found to have defrauded your creditors   

·         Businesses, except sole proprietors, are generally not allowed to file for Chapter 7 bankruptcy  

  

However, if there is an emergency, such as stopping a foreclosure, your Recovery Law Group’s experienced bankruptcy attorney can file for Chapter 7 bankruptcy Las Vegas without all the necessary forms. Remaining paperwork can be filed within 15 days. Bankruptcy filing will also trigger an automatic stay, which means your creditors cannot garnish your wages, and cannot contact you directly. They must stop all collection activities once bankruptcy is filed, and any communication can only be held with your lawyer, not with you directly.