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

If you are struggling financially and looking to speak with a San Mateo 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.

Need immediate assistance? Contact us now!
Toll Free 1(888) 754-9877
Available 7 Days a Week 7am to 9pm
36 LOCATIONS IN CALIFORNIA

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 San Mateo County

San Mateo County (/ˌsæn məˈteɪ.oʊ/ san mə-tay-oh; Spanish for "Saint Matthew") is a county located in the San Francisco Bay Area of the U.S. state of California. It covers most of the San Francisco Peninsula just south of San Francisco, and north of Santa Clara County. San Francisco International Airport is located at the northern end of the county, and Silicon Valley begins at the southern end. As of 2010 the population was 718,451. The county seat is Redwood City. It is ethnically diverse, and affluent. The county's built-up areas are mostly suburban with some areas being very urban, and are home to several corporate campuses.

San Mateo County was formed in 1856 after San Francisco County, one of state's 18 original counties since California's statehood in 1850, was split apart. Until 1856, San Francisco's city limits extended west to Divisadero Street and Castro Street, and south to 20th Street. In response to the lawlessness and vigilantism that escalated rapidly between 1855 and 1856, the California government decided to divide the county. A straight line was then drawn across the tip of the San Francisco Peninsula just north of San Bruno Mountain. Everything south of the line became the new San Mateo County while everything north of the line became the new consolidated City and County of San Francisco, to date the only consolidated city-county in California. San Mateo County then annexed part of northern Santa Cruz County in 1868.

San Mateo county bears the Spanish name for Saint Matthew. As a place name, San Mateo appears as early as 1776 and several local geographic features were also designated San Mateo on early maps including variously: a settlement, an arroyo, a headland jutting into the Pacific (Point Montara), and a large land holding (Rancho San Mateo). Until about 1850, the name appeared as San Matheo.

San Mateo County straddles the San Francisco Peninsula, with the Santa Cruz Mountains running its entire length. The county encompasses a variety of habitats including estuarine, marine, oak woodland, redwood forest, coastal scrub and oak savannah. There are numerous species of wildlife present, especially along the San Francisco Bay estuarine shoreline, San Bruno Mountain, Fitzgerald Marine Reserve and the forests on the Montara Mountain block. Several creeks discharge to the San Francisco Bay including San Mateo Creek and Laurel Creek and several coastal streams discharge to the Pacific Ocean such as Frenchmans Creek and San Vicente Creek.

The county is home to several endangered species including the San Francisco garter snake and the San Bruno elfin butterfly, both of which are endemic to San Mateo County. The endangered California clapper rail is also found on the shores of San Francisco Bay, in the cities of Belmont and San Mateo. The endangered wildflower Hickman's potentilla is found near the Pacific Ocean on the lower slopes of Montara Mountain. The endangered wildflowers White-rayed pentachaeta, Pentachaeta bellidiflora, San Mateo Woolly Sunflower, Eriophyllum latilobum, Marin Dwarf Flax, Hesperolinon congestum and the San Mateo Thornmint, Acanthomintha duttonii, are found in the vicinity of the Crystal Springs Reservoir.

more ...



Need Help? Call: 1-888-754-9877

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

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.