Lancaster Bankruptcy Attorney - Expert Personal and Corporate Bankruptcy Lawyers serving Lancaster, California. If you are struggling financially and looking to speak with a Lancaster bankruptcy attorney, you've come to the right place. We will stop lawsuits, stop garnishments, stop, bank account levies, stop judgments and stop foreclosures. We have 36 locations to meet you in California.
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Toll Free 1(888) 754-9877 Available 7 Days a Week 7am to 9pm 36 LOCATIONS IN CALIFORNIA A bankruptcy is an opportunity to be relieved of constant harassing phone calls from creditors and collection agencies. Consulting with a bankruptcy attorney to see if a bankruptcy might be your best option, to determine if you qualify for relief and which chapter is appropriate based on your particular circumstances is essential. There are many misconceptions regarding bankruptcy. As a consumer or small business owner, you have the option of Chapter 7 liquidation or Chapter 13 reorganization. Chapter 7 Liquidation Chapter 7 can be utilized by individuals, married couples, businesses and corporations. In most consumer and small business cases, however, you are able to retain most if not all of your personal assets. Also, filing automatically stays or stops all collection activities. You have to qualify for a Chapter 7 proceeding. Your monthly income must be lower than the median income for your state. In California, the median income for a single individual is $47,798 and for two, $62,009. Otherwise, your disposable income must be low enough to qualify. This is determined by deducting your monthly expenses from your average monthly income over the past 6 months. If it is too high, you may still consider a Chapter 13 petition. In any bankruptcy, you must list all your creditors. You must also have not transferred any substantial property within 90 days of filing or within one year if such transfer was made to a relative or business partner or the court can void it. A list of your monthly expenses and assets is also required. You are entitled to certain exemptions regarding your personal assets so that the trustee will not seize them for the benefit of your creditors. For example, you can exempt a motor vehicle, much if not all of your home equity, retirement accounts, bank accounts, furniture, tools of your trade and other items. Consult with our expert bankruptcy lawyer about what exemptions are available to you. You must also take an approved credit counseling class before filing and a personal financial management class before your discharge. Most discharges occur about 4 months after you file. Your unsecured creditors, such as credit cards and medical expenses, are dischargeable. Chapter 13 Reorganization If your disposable income is too high, or if you wish to continue operating your small business, or you face foreclosure of your home, then a Chapter 13 is an option. You must have a steady income, though, to some degree, are paid within either a 3 or 5 year plan. The length of your repayment plan depends on your income. If it exceeds the state’s median, your plan will likely be 5 years. A chapter 13 can save your home from foreclosure provided you can make your regular monthly mortgage payments while repaying your arrearages over the life of the plan. Any second mortgage would be discharged at the termination of the plan if all is otherwise successful. Further, you can have past due taxes, student loans and child support payments paid off within the plan as well. Bankruptcy protection might be the relief you are seeking. Consult with an experienced bankruptcy attorney about your particular circumstances and to see if filing for bankruptcy is the right decision for you. |
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20
Years Experience
9,800+
Happy Clients
Daniel J King, Esq.
Managing Attorney / Owner
Many Locations
LA, OC, Inland Empire
AFFORDABLE
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Bankruptcy May Help You:
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Bankruptcy May Help You:
Keep Your CAR
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Keep Your DIGNITY
Keep Your RETIREMENT
Keep Your 401K
Keep Your PENSION
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Attorney Daniel J King
Education: UC Berkeley UndergraduateSouthwestern University School of Law
$100,000,000+
$100 Million Discharged
20 | 9,800+ |
Years Experience | Happy Clients |
About Lancaster
Lancaster is a charter city in northern Los Angeles County, in the Antelope Valley of the western Mojave Desert in Southern California. Lancaster currently ranks as the 30th largest city in California, and the 148th largest city in the United States. Lancaster is the principal city within the Antelope Valley.
Lancaster is located approximately 70 miles (110 km) north (by highway) of Downtown Los Angeles, near the Kern County line. It is separated from the Los Angeles Basin by the San Gabriel Mountains to the south, and from Bakersfield and the San Joaquin Valley by the Tehachapi Mountains to the north.
The population of Lancaster has grown from 37,000 residents at the time of incorporation in 1977, to 156,633 people as of the 2010 census, which makes it the largest city on the California side of the Mojave Desert. According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area (a US Census Bureau defined term) has a population of 483,997.
The area in which the city of Lancaster is now located, which is now known as the Antelope Valley, was originally home to the Piute Indians. Lancaster's origins as a settlement start with the Southern Pacific Railroad, which is believed to first use the name 'Lancaster', where a station house, locomotive watering facilities and section gang housing were built when the railroad laid track through the town's future location. By September of that year, SP had completed the main line through the Antelope Valley, linking San Francisco and Los Angeles. The origin of Lancaster's name is unclear, attributed variously to the surname of a railroad station clerk, the moniker given by railroad officials, or the former Pennsylvania home (Lancaster, Pennsylvania of unknown settlers. Train service brought passengers through the water-stop-turned-community, which, with the help of promotional literature, attracted new settlers. The person credited with formally developing the town is Moses Langley Wicks, who in 1884 bought property from the railroad for $2.50 per acre, mapped out a town with streets and lots, and by September was advertising 160-acre tracts of land for $6 an acre. The following year, the Lancaster News started publication, making it the first weekly newspaper in the Antelope Valley. By 1890, Lancaster was bustling and booming, and thanks to adequate rainfall, farmers planted and sold thousands of acres of wheat and barley.
The town was devastated by the decade-long drought that began in 1894, killing businesses and driving cattle north, though fortunes improved somewhat in 1898 following the nearby discoveries of gold and borax, the latter to become a widespread industrial chemical and household cleaner. Thanks to the five-year construction of the 233-mile Los Angeles Aqueduct starting in 1908, Lancaster became a boom town by housing aqueduct workers. The 1912 completion of Antelope Valley Union High School allowed students from the growing region to study locally instead of moving to distant cities, and the school boasted the state's first dormitory system to accommodate students from outlying districts. For seven years starting in 1926, a young Judy Garland-then still Frances "Baby" Gumm-lived in Lancaster and honed her skills as a child singer, dancer, and entertainer before going on to become one of Lancaster's most famous residents. The community began a steady growth spurt in the 1930s, starting with construction of Muroc Air Force Base, site of frequent flight tests, including the "breaking" of the sound barrier by Chuck Yeager in a Bell X-1A in 1947. in the 1980s through the end of the program,Edwards Air Force Base, by then renamed, hosted a limited number of landings of the Space Shuttle. The development of Air Force Plant 42 in 1958, augmented in the 1960s by construction of Lockheed Aircraft's Plant 10, created tens of thousands of jobs. High-wage employment hit its peak in the 1970s during the Lockheed L-1011 project, for which all assembly and some engineering and parts production were performed. Lancaster was an unincorporated community in Los Angeles County until 1977, when it was incorporated as a city, with Arnold Rodio serving as its first mayor.
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LOCATION DISCLAIMER: The Attorney Group has a main office in Anaheim Hills, California. All other addresses are local offices available on an advanced appointment basis for meetings and depositions.