Providing solutions to overwhelming debt
A sudden tragedy, lost job or unexpected health problem can create mounting debt that quickly turns once-manageable bills into unbeatable monthly obstacles. Abdallah Law Group, P.C. can help you take control of your debt so you can take control of your life.
Negotiator of debt relief options
Our attorneys research the best means for handling your debt, which is not always bankruptcy. When it is in your best interest to avoid bankruptcy, our experienced negotiators can step in on your behalf to persuade creditors to lower your debt and accept more reasonable monthly payments.
Extensive experience with debt analysis
We truly listen to your needs and thoroughly analyze your case to determine if bankruptcy is the best option for easing your financial burden. We review your debts, income and expenses, and explain the ultimate impact of bankruptcy on your family, business, home and future credit. If bankruptcy is the right choice, we answer all your questions about the bankruptcy process and the outcomes you should expect. Our compassionate approach to dealing with bankruptcy leaves no unpleasant surprises.
Reprieve through automatic stay
Creditors’ aggressive collection methods unfairly compound the stress of escalating debt. You can put an end to the constant harassing phone calls and letters meant to intimidate you into paying debts you cannot afford. As soon as you or your business files for bankruptcy, creditors must immediately stop all collection efforts — including those distressing letters and phone calls. We can deal with your creditors so you can regain your peace of mind.
Your bankruptcy options
After an initial consultation and thorough debt analysis, we help you decide which bankruptcy option is appropriate. Common types of bankruptcies include:
Chapter 7 bankruptcy
If you and your spouse own few assets and earn smaller wages, Chapter 7 bankruptcy grants you relief from debts through the liquidation of your assets. Because many household and personal items are exempt, you can make a fresh start with limited disruption to your life.
Chapter 11 bankruptcy
If you own a corporation, partnership or sole proprietorship, Chapter 11 bankruptcy permits your business to continue operating while you pay creditors under a reorganization plan. The Chapter 11 option helps you escape debt without losing the business you struggled so hard to build.
Chapter 12 bankruptcy
Uniquely tailored for the business structure of family farmers and fishermen, Chapter 12 allows family-owned operations to pay off debts in a court-approved payment plan.
Chapter 13 bankruptcy
You can stop lenders from foreclosing on your home through Chapter 13 bankruptcy. Or if you and your spouse earn higher incomes, but sudden illness, job loss or other unexpected circumstances have interfered with your ability to pay your bills, Chapter 13 bankruptcy permits you to pay debts over time in smaller amounts.
Contact Northern California bankruptcy attorneys you can trust
Abdallah Law Group, P.C. is located in Sacramento and serves families throughout Northern California in Sacramento, Bay Area, Central Valley and San Joaquin Valley.
Call Abdallah Law Group, P.C. at 916.446.1974 or contact us online to schedule an appointment.