Bankruptcy Attorney

Even with the best preparation, economic uncertainty can leave you with unpaid bills or late payments. Interest accumulates, you lose your income, and everything is paid for with a credit card. Creditors come at you threatening to foreclose your home and seizing your other assets. No matter the cause and effect, your finances have collapsed and you need a fresh start. Take control of your finances and learn about your options with our San Diego bankruptcy attorneys.

Get an overview of the major chapters from the U.S. Bankruptcy Code here. Not sure where to start? At Hoffman & Forde, our skilled and experienced bankruptcy attorneys will help you identify which chapter suits you best.

• Chapter 7 Bankruptcy

  Under current bankruptcy laws, you must pass a means test before filing Chapter 7 bankruptcy. If your current monthly income is below the Southern California adjusted median income, then you automatically qualify. However, even if your income is above the Southern California adjusted median income, you may still qualify after expenses such as car payments and retirement plan contributions are deducted from your income. Our lawyers have helped many people file Chapter 7 Bankruptcy after other attorneys told them that they did not qualify.

• Chapter 13 Bankruptcy

  Chapter 13 Bankruptcy provides an opportunity to get out of debt by completing a repayment plan over a three-to-five-year period. Chapter 13 is often the best option for those who cannot pass the Chapter 7 means test or those seeking to protect assets that would be placed at risk by Chapter 7. We explain your options for loan modifications versus bankruptcy and the prospects of reaffirming secured debts.

• Chapter 11 Bankruptcy

  Chapter 11 Bankruptcy is a reorganization bankruptcy, and is available to individuals and businesses. In contrast to Chapter 7, the debtor remains in control of business operations under chapter 11 and doesn’t sell off all of its assets. Individuals or businesses will attempt to change the terms on debts, like interest rates and values of payments. The process involved with Chapter 11 personal or business bankruptcy is far more complicated than either Chapter 7 or Chapter 13 personal bankruptcy. In fact, you or your business will have to be involved in the process for several years in most cases. We can help you through all of these steps and explain each option available to you.

• Chapter 15 Bankruptcy

  Chapter 15 Bankruptcy, added to the U.S. Bankruptcy Code in 2005, provides a way for dealing with cases that involve more than one country. The main goal of Chapter 15 is to provide cooperation between a foreign debtor, foreign courts and the U.S. Bankruptcy courts. A foreign debtor who had assets in a number of countries would file Chapter 15. Our attorneys have experience assisting foreign debtors with their complicated debt problems.

Our results-driven law firm offers comprehensive legal services and years of proven experience to help you recover from debt. We also recognize that each case is unique. This is why we deliver creative solutions and fee structures tailored to each client’s needs. Financial relief is possible and we’ll help you navigate the legal process from start to finish.