#1 Rated Bankruptcy Lawyers in San Diego

BANKRUPTCY LAWYERS
IN LOS ANGELES

At the Bankruptcy Law Center, our Top-Rated Los Angeles Bankruptcy Attorneys help clients deal with foreclosures, IRS levies, wage garnishments, overwhelming credit card debts, repossessions, bank levies, evictions, lawsuits, taxes and those constant collection agent phone calls. Maybe you are suffering because of unemployment or substantial decreases in income, medical bills and a struggling or failed small business.

Some people get caught up in an endless cycle of payday loans that never seems to get them out of trouble. But we can get you out of debt. Did you know that most people who file bankruptcy get to keep all of their property? If you are looking for a highly experienced bankruptcy lawyer helping clients in Los Angeles and the surrounding communities, call the Bankruptcy Law Center.

You won’t regret it. Our expert attorneys have helped thousands of clients. We will show you how you can immediately stop creditor harassment, lost wages and lost property. This is all we do—help people with their most difficult money problems. We provide clients with a fresh start so they can begin rebuilding their credit. And if bankruptcy isn’t right for your situation, the experts at the Bankruptcy Law Center will show you other effective options to help you save your home or property.

Bankruptcy Stops:

  • Creditor Calls

  • Wage Garnishment

  • Lawsuits

  • Repossessions

  • Foreclosures

Reasons to Consider Filing for Bankruptcy in Los Angeles

Day after day, week after week, and month after month, this worry can start to consume your life. It’s hard to relax and do simple things knowing that you’re heavily in debt with no foreseeable way out. Each and every cent you spend can make you feel guilty.

This is only amplified if others are depending on you.  Not only does your debt put your livelihood at risk, but it puts it at risk for those closest to you, too.

We’re not advising that people file bankruptcy on a whim, but it is smart to weigh the options. Many times the financial and emotional strain of overwhelming debt far outweighs any downsides to filing bankruptcy.

There are some other, less imposing situations that could cause you to consider bankruptcy. You might be headed down that road if:

  • You are getting a divorce

  • Creditors are suing you for payment of debts

  • The home you own is underwater and in danger of foreclosure

  • The only way you can pay for things is using a credit card

  • You use one credit card to pay off another

  • You are considering withdrawing money from a 401(k) account to pay bills

Why Bankruptcy Is a Good Investment for Your Future

When bankruptcy comes to mind, it is likely that you do not think of it as an investment. However, that is exactly what it is. An experienced bankruptcy attorney in Los Angeles can help you understand if bankruptcy is right for you, but in the meantime, here are some ways that bankruptcy can be a great investment, not just financially, but for your well-being, too:

  • Bankruptcy Does Not Generate Tax: If you are in serious debt and thinking about settling your debts for less than what you owe, you might want to rethink that. Any time you settle a debt for less than what is owed, it will generate taxes. Federal tax laws require that taxes be paid on money that you owed but did not pay. Bankruptcy, on the other hand, does not have these penalties.

  • It Relieves Stress: Think of how stressed out you are at not being able to pay your bills. Those collection calls can be especially stressful. Stress is not just a mere annoyance, it can force you into making poor financial decisions and even cause health issues. The physical damage alone is enough to make filing bankruptcy in Los Angeles a great investment in your health.

  • Your Credit Will Start Improving: If you choose a repayment plan or debt consolidation, your credit score will not start improving until all of the debt is paid off. With bankruptcy, your credit score will start getting back on track as soon as the bankruptcy is discharged.

  • Your Credit Card can Take Years to Pay Off: Depending on the amount you owe on your credit card, making only the minimum payments on the card could mean 20 to 25 years in debt. You can use that interest you save in bankruptcy to paying for something else.

  • Debt can Negatively Impact Your Relationships: It does not matter whether you are married or single, the stress caused by overwhelming debt can make relationships tense and difficult. Filing for bankruptcy can literally save your relationships or even your marriage.

  • Start Saving for Retirement: If you are spending hundreds or thousands of dollars each month on fees and interest for your debt, consider how much better off you would be to put that money aside for your retirement. None of us wants to work forever, right?

  • You May Not Qualify Later: If you keep struggling along trying to pay your debts, you could risk a change in your income or other factor that could result in you not being able to pass the means test. If you cannot pass the means test, you lose the ability to file for bankruptcy.

  • It is a Real Solution: How long have you been struggling to manage your debt? Have you been successful with whatever method you are trying? Do you think it will be helpful in the future? While bankruptcy may not be the option you prefer, it is a real solution that is guaranteed to fix your financial struggles.

Call us today if you are in need of The Best Bankruptcy Attorneys in Los Angeles.

See What Our Clients Have To Say

Yelp Review

Roger C.

I reached out to BLC to help assist with a chapter 7 business bankruptcy and they provided excellent guidance, advice, and support through the entire process. In my case an adversarial action was filed by one of the creditors and attorney Ahren Tiller and his staff provided sound ...arguments which prevailed. Couldn’t have found a more experienced and supportive team to represent me in a tricky situation. I would highly recommend them to anyone making the difficult but sometime necessary decision to find financial relief. Read more
Yelp Review

Justin R.

Like many others before and during the pandemic, life happenings caused me to be in a financial situation to warrant bankruptcy. The BLC was super professional all the way through the entire process. Right after I paid for my Bankruptcy, I got sick and had to have surgery and recovery. Then we ...were in full Pandemic mode. They were gracious to delay my filing until I was recovered and ready to file. I could not ask for more. The process was over all quick and painless for a simple Bankruptcy like mine. I feel a weight has been lifted and I can rebuild. Thank you for all your arduous work and patience, Gabriel, Ahren, and their teams are knowledgeable and efficient. Read more
Google Review

Katey Huntley

Responsive, friendly, kind, extremely easy to work with! So knowledgeable and made this entire process painless. Very grateful!

Google Review

Lynn Molina

Gabriel Hanna, Esq and the staff at BLC helped me in a very difficult time. I appreciate all the help and care they gave my case.

Google Review

Linda Cramer

I can’t say enough of how much this bankruptcy law firm helped me with my financial situation. They were all so helpful, efficient and made the difficult time and process as quick and easy as possible. I would recommend them to anyone I know and am glad to give my public recommendation as well. T...hey truly deserve a five star plus rating. Read more
Yelp Review

Andrea N.

I am very happy with my experience with BLC. Bankruptcy is not something anyone wants to go through, however everyone at BLC made my experience pleasant and easy. The process was explained thoroughly and I had an easy time reaching out and connecting with my attorney. Anika Renaud-Kim was my attorney ...and she was nothing short of amazing! She was very patient and generous with her time. Ms. Renaud-Kim definitely made me feel at ease and comfortable through the entire process. Read more
Facebook Review

Lidia Paramore

they did a great job for me, helped me anytime I needed something, my Lawyer Gabriel Hanna is the best, gave lots of confidence all the time..thanks BLC I will.always recommend you, I’m very grateful for your service!!!

Yelp Review

Rachael C.

When searching for information I had called a few different firms and received consults. BLC was the only one who didn’t shy away and provided answers and information during the consult. Once I agreed to move forward, they were supportive, informative, and eased my anxiety through the whole process.... I can’t recommend them enough. Read more
Google Review

Emily Martinez

AmazingI had many questions and uncertainties and the carefully explained it all and made it easy to understand. They facilitated a fast and easy process making this scary difficult thing simple

Ready To Eliminate Your Debt?

Bankruptcy is still the best option. Other debt plans make promises, but only bankruptcy delivers.

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1230 Columbia St. #1100 San Diego, CA 92101

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Legal Disclaimer: The Bankruptcy Law Center is a California Licensed law firm with attorneys licensed in the state of CA, NY. Attorney Ahren Tiller is responsible for this advertisement. Bankruptcy Law Center’s principal office is located at 1230 Columbia st. Suite 850 San Diego, CA 92101. Prior results listed on this site do not depict or in any way infer a prediction or outcome.We are a debt relief agency proudly providing options to people with financial problems. View our Privacy Policy

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