Top Riverside, CA Business Bankruptcy Lawyers Near You
550 E. Hospitality Lane, Suite 300, San Bernardino, CA 92408
3535 Inland Empire Blvd, Suite 45, Ontario, CA 91764
4192 Brockton Ave, Suite 100, Riverside, CA 92501
3350 Shelby Street, Suite 200, Ontario, CA 91764
4160 Temescal Canyon Road, Suite 306, Corona, CA 92883
290 North "D" Street, Suite 500, San Bernardino, CA 92401
3685 Main Street, Suite 300, Riverside, CA 92501
Business Bankruptcy Lawyers | Serving Riverside, CA
9333 Baseline Rd., Suite 250, Rancho Cucamonga, CA 91730
3845 10th St., Riverside, CA 92501
308 N. Riverside Ave., #2E, Rialto, CA 92376
6185 Magnolia Avenue, Suite 204, Riverside, CA 92506
3390 University Avenue, Fifth Floor, Riverside, CA 92501
44901 Village Ct, Ste B, Palm Desert, CA 92260-3814
242 E Airport Drive, Suite 213, San Bernardino, CA 92408
10995 Eucalyptus St, Rancho Cucamonga, CA 91730
1317 W. Foothill Boulevard, Suite 245, Upland, CA 91786
4158 14th St, Riverside, CA 92501
3615 Main St, Suite 103, Riverside, CA 92501
3550 Vine Street, Suite 210, Riverside, CA 92507
3890 11th Street, Suite 218, Riverside, CA 92501
Riverside 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.