Chapter 13 Bankruptcy Attorney in Torrance

A South Bay Bankruptcy Lawyer Can Help You Seek Protection

Are you overwhelmed with debt, but earning a steady income? You may want to file for Chapter 13 bankruptcy. Chapter 13 allows debtors a chance to restructure and oftentimes greatly reduce their debt, while avoiding home foreclosure, repossession, and other harmful creditor actions. The team of Chapter 13 bankruptcy lawyer at the Law Offices of James C. Shields is adept at guiding people through the whole process. We are here for you to help you seek debt relief and start rebuilding your credit. Call (310) 626-4404 for a free consultation!

The Basics of Chapter 13 Bankruptcy

At the Law Offices of James C. Shields, we have extensive experience helping people seek the protections of Chapter 13. It allows you to pay back all or some of your debts over a three to five year period.

Reasons to File Chapter 13

You may wish to file for Chapter 13 bankruptcy if:

• You are facing home foreclosure
• You are facing repossession of an automobile
• You would like to stop creditors from harassing you
• You have a steady income and would be able to make regular payments
• You are not eligible for a Chapter 7 bankruptcy

Our Torrance Chapter 13 bankruptcy attorneys will help you with all aspects of the personal bankruptcy process, from completing the paperwork to attending hearings and court procedures on your behalf. Our goal is to help you find debt relief through either Chapter 13 or Chapter 7 bankruptcy. No matter your situation, our team can help you find a course of action suited to your unique needs and goals.

How Much Does Chapter 13 Cost?

The cost of filing for Chapter 13 bankruptcy in California can vary based on several factors, including the complexity of your case, the Chapter 13 attorney you hire, and the specific fees associated with your bankruptcy court district.

Here are the main components that contribute to the cost of Chapter 13 bankruptcy:

• Court Filing Fees: The filing fee for Chapter 13 is $313.00 (broken down into a $235 filing fee and $78 administrative fee). The fees are paid to the bankruptcy court when you file your petition. If you qualify, the court may allow you to pay the filing fee in installments as part of your repayment plan.
• Attorney Fees: Hiring a bankruptcy attorney is highly recommended when filing for Chapter 13 bankruptcy. Attorney fees can vary depending on the complexity of your case, the attorney's experience, and the region in California where you reside. Some attorneys charge different rates -- be sure to discuss the fee structure and payment options with your attorney during the initial consultation.
• Credit Counseling and Debtor Education Courses: Before filing for bankruptcy, you are required to complete a credit counseling course and a debtor education course. These courses are typically offered by approved agencies and can range in cost from $20 to $50 per course.

It's important to note that every Chapter 13 bankruptcy case is unique, and the overall cost can vary based on individual circumstances. Additionally, some individuals may qualify for fee waivers or installment plans for the court filing fees if they meet certain financial criteria.

During a free consultation with bankruptcy Chapter 13 lawyers, you can discuss your specific financial situation and the expected costs of filing for Chapter 13. The attorney can provide a more accurate estimate of the fees based on the complexity of your case and the services required.

At Law Offices of James C. Shields, we offer a free consultation to discuss your financial situation and answer any questions you may have about filing. With our experience in handling bankruptcy cases, our Chapter 13 bankruptcy attorneys can provide personalized guidance and help you understand the costs involved. Contact us to schedule your consultation and take the first step towards financial relief.

How Often Can You File Chapter 13 Bankruptcy?

If you are looking to file another Chapter 13 bankruptcy, you will have a waiting period of two years. It’s important to note, your waiting period starts on the filing date of your previous bankruptcy. If you are planning to file for Chapter 7 bankruptcy after having previously filed for Chapter 13, you will have a waiting period of six years.

Schedule a Free Consultation with a Chapter 13 Bankruptcy Lawyer!

If you are considering filing, reach out to our Chapter 13 attorney in Torrance today! We are here to answer your questions and help you take legal action. Contact the Law Offices of James C. Shields by filling out our online free case evaluation form or by telephone at (310) 626-4404.