DISCHARGING DEBT VIA BANKRUPTCY

Eliminating your Debts

The purpose of bankruptcy is to enable a person who has gotten into a financial bind to eliminate their debts and obtain a start fresh. A Chapter 13 bankruptcy involves the restructuring of debt into an affordable payment plan. Chapter 7 is a discharge bankruptcy that eliminates debt entirely.Ventura bankruptcy lawyer Michael Grennier can discuss the bankruptcy process in more detail, and determine if you qualify for Chapter 7 or Chapter 13. Attorney Grennier will work diligently to protect your assets and eliminate your debts.

There are certain types of debt that cannot be discharged in a Chapter 7 bankruptcy, such as:

• Child support
• Alimony
• Various education loans
• Some Unpaid taxes (depending on the year and other criteria)
• Debts resulting from a malicious or negligent act that resulted in another person’s injury or property damage.

Before filing for bankruptcy, you should discuss your financial condition with a qualified attorney. There are many alternatives to bankruptcy, including debt settlement, loan modification, debt negotiation and debt consolidation. Making the right decision regarding your finances is extremely important. #1 Bankruptcy Attorney Michael Grennier can provide you with all of the information you will need to decide what direction to take regarding your particular situation.

Debt Elimination – Bankruptcy Lawyer in Ventura

Grennier Law is Ventura County’s leading bankruptcy firm. We have guided thousands of clients through bankruptcy, and can give you insight into the process and how it will impact your life. We are committed to help you resolve your financial difficulties and create a brighter future.

Contact Ventura bankruptcy lawyer, Michael Grennier, for sound legal counsel and representation if you in financial trouble. Call to schedule a FREE Consultation at 805-643-3900.