California Asset Protection Exemption
Bankruptcy Attorney in Chino, California
If you are suffering from severe debt loads, then you may be looking for options to relieve yourself from these unwanted circumstances. One tremendous option is bankruptcy, and while there are many rumors going around regarding the negative impact that it will have on you, it is important to consult with an attorney regarding these issues to find out if bankruptcy is right for you. This process requires careful planning and asset management, trying to file bankruptcy on your own may cause you to miss out on opportunities for a better financial future.
In the state of California, there are two systems of exemptions which are available to those who are seeking financial relief through bankruptcy. One exemption protects cash, while the other protects real estate. When choosing exemptions, you must choose one of the sets, and there is a limit to the value of the assets that can be protected in each category. If you are considering bankruptcy, then you need to ensure that you have skilled representation on your side that can advise you of the various issues involved in this process, and that can guide you through the process to pursue the results that you need.
Serving Chino, California Residents
The founder of our firm, Attorney David R. Gunnin, has been helping people confront debt problems for more than 30 years. He has helped thousands of clients obtain debt relief through Chapter 7 bankruptcy and Chapter 13 bankruptcy, as well as through a host of bankruptcy alternatives. If you are burdened with debts you can no longer afford, contact our law office to learn more about your rights and options. It is possible to seek bankruptcy protection and still hold on to much of your personal property. We offer a free consultation so that you may obtain some legal advice and information regarding your situation before making any financial commitment to our firm.