By working with the right Los angeles bankruptcy attorney, you can be certain that you will be in the best of hands and can determine if filing for bankruptcy is the right decision for you to make. While filing for bankruptcy is a big choice, if you are deep in debt, the chance that you will get out of it is very small. Filing for bankruptcy with a Los Angeles bankruptcy attorney can be one of the best choices that you can make because you will be rid of the debt and will be able to reduce your stress levels. When looking for help with bankruptcy los angeles has some of the best law firms in town for you to work with.
When you are thinking of filing bankruptcy, you will need to contact a Los Angeles bankruptcy attorney to determine what you are eligible for. There are two types of personal bankruptcy that you can file for and which one you are eligible for is based on your income and the amount of debt that you have. The Los Angeles bankruptcy specialist that you work with will give you the means test, which simply states that you have a certain amount of debt and compares that to your expenses and your income. Knowing your debt situation can dictate whether you clear your debt with Chapter 7 or consolidate it with Chapter 13. However, the Los angeles bankruptcy lawyer that you hire will make the determination which is the best for your needs.