Archive for the ‘bankruptcy protection’ Category
February 3rd, 2010 | 
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A local bankruptcy attorney can help you understand the differences between Chapter 7 bankruptcy and Chapter 13 bankruptcy, so that you can make an educated decision about the best next step for you. Fill out the form to the right for a free bankruptcy case evaluation by a local attorney.
Not sure whether bankruptcy is the right option for you? A local bankruptcy attorney can answer your questions and explain the bankruptcy process to you. Schedule your free, no-obligation call right now By filling the form to the right!
Or give us a call at Toll Free 1 877-371-7706
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck
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General Motors Corp. said Monday it will permanently close nine more plants and idle three others to trim production and labor costs under bankruptcy protection. The AP’s Mark Carlson reports from Michigan. (June 1)
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Hello, My name is Roland Kedikian. I am a California licensed attorney and I help individuals like you file for personal bankruptcy. I only practice in bankruptcy and I focus only on folks like you who are looking to file personal or small business bankruptcy.
There are 2 main chapters which individuals may file seek bankruptcy protection. Chapter 7 and chapter 13.
Chapter 7 bankruptcy entitles you to a fresh start. Chapter 7 may eliminate many kinds of unsecured debt such as credit cards, medical bills, most personal loans, judgments resulting in car accidents and deficiencies on repossessed vehicles and many other obligations.
In addition to getting rid of your debt, Chapter 7 allows you to typically keep all your property including your car and home as long as the payments are current and there is no significant equity in your property or the amount of equity is exempt under the relevant statutes.
If you want to keep your car or home, we can make arrangements to reaffirm the debt and keep your property. Additionally you will get to keep most of your personal belongings, and most importantly eliminate your debt.
That is the purpose of chapter 7 bankruptcy. Its to give you a chance to start rebuild your credit, buy a home, save for your retirement, save for your children’s education and get a fresh start. We can make that happen for you. Call now and ask to speak with me personally.
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