Irvine Bankruptcy Lawyer

Facing overwhelming debt?

When someone becomes mired in debt due to the loss of a job, medical bills, credit card debt or a divorce, they need a solution that will help get them through this difficult time and once again able to feel confident about their financial future. What solutions are there? An Irvine bankruptcy attorney from the Law Offices of Arthur Hausmann can review a client's specific needs to determine whether bankruptcy is right for them. Sadly, millions of Americans find themselves in a similar situation right now, so the social stigma of filing for bankruptcy has shown itself for what it is, a bankruptcy myth.

Attorney Arthur R. Hausmann has over 24 years of experience in bankruptcy law and has helped numerous clients successfully navigate the bankruptcy process. Following a review of his client's financial picture, he can recommend various methods of resolving their debt problems. Such alternatives as a Chapter 7 bankruptcy or a Chapter 13 bankruptcy can be reviewed to see which option may work in their case. While not everyone qualifies for a Chapter 7, he can determine via a means test whether a person qualifies for it or not, based on their income and assets. A Chapter 7 bankruptcy can be a lifesaver for an individual who needs to eliminate all of their debt. With a few exceptions, a Chapter 7 bankruptcy allows an individual to pay off their unsecured debt if they have relatively few assets and an insufficient income. Chapter 7 bankruptcies are the most common type of debt relief and can be completed in 4 months with the assistance of a bankruptcy attorney.

If you are trying to decide what type of debt relief is right for you, talk to Attorney Hausmann. He can review the specific benefits of Chapter 7 versus Chapter 13 bankruptcy and can discuss whether a Chapter 13 filing can save your home from foreclosure. A Chapter 13 bankruptcy allows an individual to pay off their debt in an interest-free way over the term of the repayment. The repayment period typically lasts 3 to 5 years and candidates pay off their debt in an affordable monthly plan. Along with this manageable monthly plan, a Chapter 13 bankruptcy also ends any harassment from creditors. An Irvine bankruptcy lawyer can help you file for a Chapter 13 claim and can further explain the benefits of this debt relief option.

Alternatives to Bankruptcy

Not everyone qualifies for bankruptcy, nor should it be the only solution for all individuals. There are many alternatives to bankruptcy which Attorney Hausmann can discuss during an initial consultation. There are various other avenues of debt relief, such as debt settlement, debt negotiation or even consolidation. Finding the right method to discharge debt is what a skilled bankruptcy lawyer can help his clients with. Making that decision should be one that is well-informed and planned out with the help of an attorney working on their side.

The firm can help individuals stop credit harassment immediately, allowing his clients to feel instant relief from their debts. He is even prepared to work with his clients following a bankruptcy procedure, to help them cope with life after bankruptcy and assist with credit restoration and repair.

Don't waste any time with continual creditor calls and worry from being unable to pay debts. Take active steps to control finances through help from a caring and dedicated legal counsel who is ready to provide personalized service and get his clients through the bankruptcy process as quickly and effectively as possible. The firm represents clients throughout Irvine and the surrounding areas, including Anaheim, Costa Mesa, Huntington Beach, Laguna Hills, Lake Forest, Mission Viejo and Santa Ana.

Contact an Irvine bankruptcy attorney to get the experienced legal representation needed when facing debt problems.