In today’s economic climate, Bankruptcy has become a real and viable option for individuals facing distressed financial options. At Downtown LA Law, we understand that Bankruptcy can be difficult, especially when dealing with mounting debt and harassment from creditors. Bankruptcy can also bring about fear, anxiety, shame, irritation and uncertainty. Under the Article 9 of the Uniform Commercial Code and state statutes governing real estate foreclosures a secured creditor is able to conduct a judicial and or n judicial foreclosure of the property of the debtor. Upon Conducting such a foreclosure then creditors will receive payment of the debt owed with the balancing going back to the debtor.A Foreclosure allows for a quick disbursement of assets between creditors and a resolution of any conflict which may arise. However with many assets under water, current value below the mortgage amount a foreclosure will not satisfy the debts of many homeowners. Don’t wait: If your home or other property is close to being foreclosed it is important that you contact a Bankruptcy Attorney hat will provide you with options other than foreclosure which may be available. Negotiating with Debtors: Many creditor understand the a foreclosure can lead a massive reduction or an elimination of the debt they are owed. Thus in many instances they are willing to negotiate with a debtor for a reduction in their debts so that they will be ale to receive some of the money owed. However negotiations with creditors can be very difficult. Usually creditors are adept at using scare tactics against those who attempt to negotiate so that they can receive a larger some of the amount owed. That is why you need to contact attorneys who are adept in negotiating with creditors and have a proven track record of reducing debts so that the individual debt to revenue balance is maintained at a healthy level. At Downtown LA Law, our Los Angeles Bankruptcy Lawyers we will assess your specific financial situation and determine the best course of action based on your detailed needs. We provide high quality legal representation by offering…
Los Angeles is the second biggest market in the country, and facing a Bankruptcy is daunting. We will make sure that you wont have to go at it alone. Call one of our Los Angeles Bankruptcy Lawyers today. We will help you with: Bankruptcy Defense, Chapter 7, Chapter 11, & Chapter 13
Over $500 Million Recovered
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LOS ANGELES OFFICE
4113 Clinton Ave,
Los Angeles, CA 90004
(855) 339-8879
BAKERSFIELD OFFICE
2005, Eye Street, Suite 4
Bakersfield, CA 93301
(661) 219-7455
MODESTO OFFICE
3430 Tully Road
Modesto, California 95350
(209) 353-4493
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2372 Morse Ave.
Irvine, California 92614
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San Diego, California 92101
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105 N Oxnard Blvd,
Oxnard, CA 93030
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1 Sansome St. Suite 3500-11
San Francisco, California 94104
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701 E Santa Clara St
Ventura, California 95816
805-292-0367
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7121 Magnolia Ave
Riverside, California 92504
909-340-3929
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13782 Bear Valley Rd.
Victorville, California 92392
(760) 563-4384
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5588 N Palm Ave
Fresno, California 93704
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388 Market St #1300
San Francisco, California 94111
(415) 362-6079
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1601 Alhambra Blvd
Sacramento, California 95816
(916) 931-1965
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1 Sansome St. Suite 3500-11
San Francisco, California 94104
(650) 651-5006
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11900 Biscayne Blvd North
Miami, Florida 33154
EL PASO OFFICE
4600 Alabama St #C
El Paso, Texas 79930
(915) 201-3865