Top Morgan Hill, CA Business Bankruptcy Lawyers Near You
3330 Hillview Avenue, Palo Alto, CA 94304
530 Lytton Avenue, Second Floor, Palo Alto, CA 94301
96 N. 3rd Street, Suite 525, San Jose, CA 95112
1279 Oakmead Pkwy, Sunnyvale, CA 94085
1841 Page Mill Rd, Suite 150, Palo Alto, CA 94304
1950 University Avenue, Suite 450, East Palo Alto, CA 94303
99 S. Almaden Blvd., Suite 600, San Jose, CA 95113
2475 Hanover Street, Palo Alto, CA 94304-1194
601 South California Ave., Palo Alto, CA 94304
615 National Ave, Suite 220, Mountain View, CA 94043
1117 S. California Ave., Palo Alto, CA 94304
96 North 3rd St, Suite 350, San Jose, CA 95112
333 West Santa Clara St, Suite 805, San Jose, CA 95113
255 N Market St, SUITE 125, San Jose, CA 95110
2479 E. Bayshore Road, Suite 185 (North Entrance), Palo Alto, CA 94303
1801 Page Mill Road, Suite 210, Palo Alto, CA 94304
95 Market St., Suite 400, San Jose, CA 95113
481 N. Santa Cruz Ave, Suite 301, Los Gatos, CA 95030
1900 University Avenue, 6th Floor, East Palo Alto, CA 94303
660 Hansen Way, Palo Alto, CA 94304
Two Palo Alto Square, Suite 300, 3000 El Camino Real, Palo Alto, CA 94306
55 S Market St, Suite 1420, San Jose, CA 95113-1787
1035 Minnesota Ave., Suite H, San Jose, CA 95125
390 Lytton Avenue, Palo Alto, CA 94301
Five Palo Alto Square, Suite 500, 3000 El Camino Real, Palo Alto, CA 94306
Morgan Hill Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.