Riverside County Bankruptcy Attorney - Expert Personal and Corporate Bankruptcy Lawyers serving Riverside County, California.

If you are struggling financially and looking to speak with a Riverside County bankruptcy attorney, you've come to the right place. The Attorney Group can help you eliminate your credit card debt, pay day loans, personal loans, medical bills and other bills and debt. 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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A bankruptcy is an opportunity for many debtors to be relieved of constant harassing phone calls from creditors and collection agencies, the threat of lawsuits, levies, seizures and impending foreclosure. Though you should definitely explore other options to getting your debt under control, 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 a Chapter 7 liquidation or a Chapter 13 reorganization.


Chapter 7 Liquidation

Chapter 7 can be utilized by individuals, married couples, businesses and corporations. It is a liquidation of your debts and possible relinquishment of certain assets if found to be nonexempt. 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 do have to qualify for a Chapter 7 proceeding if your debts are primarily consumer and not business by proving that your income is low enough so that you cannot pay your debts. 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 of your debts, regardless if you plan on repaying a certain debt or not. 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 debts, 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, so that your debts, to some degree, are paid within either a 3 or 5 year plan. There are limits to the amount of secured and unsecured debt you have. Consult with your attorney if your debt is unusually high. 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.


About Riverside County

Riverside County is one of 58 counties in the U.S. state of California. The name was taken from the city of Riverside, which is the county seat. Rectangle-shaped, Riverside County covers 7,208 square miles (18,670 km2) in Southern California. Riverside County lies inland of Los Angeles County and is bordered on the west by Orange County; on the east by La Paz County, Arizona; on the southwest by San Diego County; on the southeast by Imperial County; and on the north by San Bernardino County. Together, Riverside and San Bernardino Counties have been dubbed the Inland Empire.

The population of Riverside County was 2,189,641 in 2010. It is the fourth-most populous county in California and among the fastest-growing areas of the United States in the past fifty years (since 1960). There is a high concentration of sprawling house tract communities around Riverside and along the Interstate 10, 15, and 215 freeways.

Geographically, the county is mostly desert in the central and eastern portions of the county and is a Mediterranean climate in the western portion of the county. Most of Joshua Tree National Park is located in the county.

The indigenous peoples of what is now Riverside County are the Luiseño, Cupeño and Cahuilla Indians. When the initial 27 California counties were established in 1850 the area today known as Riverside County was divided between Los Angeles County and San Diego County. In 1853 the eastern part of Los Angeles County was used to create San Bernardino County. Between 1891 and 1893 several proposals, and legislative attempts, were put forth to form new counties in Southern California. These proposals included one for a Pomona County and one for a San Jacinto County. None of the proposals were adopted until a measure to create Riverside County was signed by Governor Henry H. Markham on March 11, 1893.

The new county was created from parts of San Bernardino County and San Diego County. On May 2, 1893, seventy percent of voters approved the formation of Riverside County. Voters chose the city of Riverside as the county seat, also by a large margin. Riverside County was officially formed on May 9, 1893, when the Board of Commissioners filed the final canvas of the votes.

According to the 2000 census, the county has a total area of 7,303.13 square miles (18,915.0 km2), of which 7,207.37 square miles (18,667.0 km2) (or 98.69%) is land and 95.76 square miles (248.0 km2) (or 1.31%) is water. At roughly 180 miles (290 km) wide in the east-west dimension, the area of the county is massive. Riverside County, California is roughly the size of the State of New Jersey in total area. County government documents frequently cite the Colorado River town of Blythe as being a "three-hour drive" from the county seat, Riverside. Some view the areas west of San Gorgonio Pass as the Inland Empire portion of the county and the eastern part as either the Mojave Desert or Colorado Desert portion. There are probably at least three geomorphic provinces: the Inland Empire western portion, the Santa Rosa Mountains communities such as Reinhardt Canyon, and the desert region. Other possible subdivisions include tribal lands, the Colorado River communities, and the Salton Sea.

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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.