Bankruptcy FAQ

These are the main questions I get that people ask me:

Q: If I file bankruptcy, do I keep my stuff?
A. Usually.

Q: My mortgage loan is worth more than the value of my house. Short sale, foreclosure or bankruptcy?
A: It depends

Q: How can I afford a bankruptcy attorney?
A: A flexible payment plan.

Q; I need my car. Can I keep it?
A: People usually keep their car if they file bankruptcy.

Q: Can I keep one credit card? I want to pay them back.
A: No.

Q: Do I have to list my mom’s debt? I owe her money.
A: You have to list all debts.

Q: I’m married. Do I have to file bankruptcy with my spouse?
A: No.

Q: Will my neighbors or co-workers know I’m filing bankruptcy?
A: Not unless they really go out of their way to look for it.

Q: I do my own taxes and change my own motor oil. Do I need a bankruptcy lawyer?
A. Technically, you can do it yourself, but why take the chance of screwing it up?

Q: Can my business file bankruptcy?
A: Yes, but chances are you personally guaranteed the loans.

Q: What’s the main downside of filing Chapter 7 or Chapter 13 bankruptcy?
A: It’s on your credit report for ten years.

Q: Shouldn’t my bankruptcy lawyers’ locations be close to me?
A: With phones and email, it doesn’t matter where he is. Same state is usually a good idea. We cover Los Angeles.

Q: Who is the Best Los Angeles Bankruptcy Attorney?
A: Readers of SCV Living Magazine voted Hale Antico the best bankruptcy lawyer the last three years.

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