Declaring Bankruptcy in Los Angeles, CA?
How Much Does It Cost To File For Bankruptcy?

Filing for Bankruptcy is not costly, and it has the potential to relieve a significant amount of your debt. However, if you truly cannot afford the costs of Bankruptcy, there are other options for you. 
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What If I Have Already Filed For Bankruptcy?

It is possible to file for Bankruptcy more than once, under certain limitations. 
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I'm Being Sued By A Creditor, What Are My Next Steps?

If you have already been sued by a creditor or your lender has already accelerated the note and intends to foreclose it might be too late to negotiate. At any moment your home might be sold, wages might be garnished, or bank accounts might be levied. Consider filing bankruptcy to immediately stop your lenders and creditors from any further collection activities. Don't run the risk of waiting until it's too late. 
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What If I Have No Way Of Paying Off My Debts?

Depending on your situation, filing for Bankruptcy under Chapter 7 and Chapter 13 can eliminate the legal obligation to pay some or all of your debts. This is called a "discharge" of your debts. 
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Am I Required To Pay My First and Second Mortgages in Full?

In a Chapter 13 bankruptcy, you may be able to file a LAM motion an Adversary Proceeding against your second lender (depending on your judge) to remove the second mortgage from title. Under this scenario, you would own your home free and clear of the second mortgage. 
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How Do I Know If I Am Eligible For A Chapter 7 Bankruptcy?

You will be required to present a Statement of Current Monthly Income and a Means Test Calculation so that the court may determine whether you are able to pay creditors. If your current monthly income is equal to or below the state's highest median family income for a family of the same size, you are automatically eligible to file under Chapter 7. If you're above the median income level you will be required to complete and file the "long-form" means test. Ultimately, even if If you are ineligible for a Chapter 7, you have the option to file a Chapter 13 petition where you might be required to pay back a percentage of your debts in the Chapter 13 plan. 
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Residents of Los Angeles County would be required to file in the Central District of California.
If you live in the Los Angeles area and are in financial trouble, we can help you. Los Angeles Bankruptcy Attorney Stephen Vokshori uses his years of expertise to explain your bankruptcy options and to assist you in any of the following areas:
- Debt Relief
- Foreclosure
- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy
- Chapter 11 Bankruptcy
- Debt Consolidation
- Debt Settlement
- Budget Counseling
Vokshori Law Group specializes in providing comprehensive and practical bankruptcy advice to individuals, families and small businesses.
Working closely with our clients, our Los Angeles bankruptcy attorneys seek solutions that are in our clients' long-term best interests for achieving their goals.
In some cases, Attorney Stephen Vokshori works with clients and discovers that bankruptcy is not in their best interests, and that loan workouts are better options.
"Educating my clients about the law and their options is most important. I can then guide them to make sound decisions that are in their long-term best interest."
The California Central District Bankruptcy Court has locations in Los Angeles, Riverside, Santa Ana, Santa Barbara, and Woodland Hills. The counties that are covered by the Central District Court include: Los Angeles, Orange, Riverside, San Luis Obispo, Santa Barbara, San Bernardino, Ventura.
The Central District of California is the largest Bankruptcy Court in the United States. The Central District of California covers approximately 40,000 square miles and stretches from the Central Coast area of the state eastward to the Nevada and Arizona borders.
The Central District is part of the Ninth Circuit, which encompasses the federal courts of nine states: Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington. The Ninth Circuit also extends appellate services to the Territory of Guam and to the Commonwealth of the Northern Mariana Islands. The Ninth Circuit is the largest of the twelve federal circuits in size, population, number of federal judges, and volume of litigation. It includes fifteen federal district courts, thirteen bankruptcy courts, and a court of appeals.
C13 trustees covering the Central District:
(1)Amrane Cohen
770 The City Drive South
Suite 3300
Orange, CA 92868
Phone: (714)621-0200
(2) Nancy K. Curry
606 S. Olive Street, Suite 1850
Los Angeles, CA 90014
Phone: (213)689-3014
(3) Rodney A. Danielson
4361 Latham Street, Suite 270
Riverside, CA 92501
Phone: (951)826-8000
(4) Kathy Anderson Dockery
700 S. Flower Street, Suite 1950
Los Angeles, CA 90017
Phone: (213)996-4400
(5) Elizabeth F. Rojas
15060 Ventura Blvd., Suite 240
Sherman Oaks, CA 91403
For an extensive list of Chapter 7 trustees in California, click here.
If you or someone you know needs the assistance of an experienced Los Angeles Bankruptcy lawyer, call Attorney Stephen Vokshori today at 213-986-4320 or use the contact form to schedule a complimentary consultation.
Submit your information for a FREE 30 minute consultation:
Vokshori Law Group provides Bankruptcy assistance to individuals and businesses serving the entire Los Angeles County.
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