Bankruptcy Lawyers in San Diego

Nobody ever wants to go bankrupt. Bankruptcy is embarrassing and it can affect your life for many years. If you declare bankruptcy, you may be unable to obtain any sort of credit for at least seven years. While it is true that any American may file for bankruptcy on their own, if you want to do it right, you need the guidance of competent and experienced bankruptcy lawyers in San Diego.

At the Stockton Law Offices, we have been easing consumers through the bankruptcy process for many years. We have advocated for thousands of clients in a most compassionate way. Lead attorney Arthur Stockton has been standing up for the little guy ever since he graduated magna cum laude from the University of Arizona College of Law in 1985. Stockton has gathered a very qualified team of attorneys at his Arizona and California law offices. If you are looking for thoughtful, dedicated bankruptcy lawyers in San Diego or other area of the southwest, Stockton Law Offices are the ones to call.

Stockton bankruptcy lawyers in San Diego will review your information and counsel you as to which type of bankruptcy may be right for you. A liquidation bankruptcy is appropriate for some people. For others, a reorganization may be the correct choice. Federal and state bankruptcy laws are complicated and hard to navigate. If you are even considering bankruptcy, you absolutely must consult experienced bankruptcy lawyers in San Diego or anywhere else you happen to be.

Chapter 7 and Chapter 13 are the two most practical types of bankruptcy for individual filers. Chapter 7 is also known as a liquidation bankruptcy. A Chapter 7 case generally takes about six months from initial filing to final discharge. A successful Chapter 7 bankruptcy will leave you virtually debt-free. Of course, you will still be required to make certain payments. For example, you will still have to pay child support, alimony, student loans and a mortgage, if you have one. If you have big-ticket items, you may be required to sell them in order to pay your bills. A Chapter 13 bankruptcy is usually reserved for filers that have a relatively healthy income. A Chapter 13 bankruptcy may stop a foreclosure and force your lender to renegotiate the terms of your loan.

Savvy bankruptcy lawyers in San Diego know all the ins and outs of state and federal bankruptcy laws and statutes. While no case is a lot of fun, Stockton Law makes the entire process as simple as it can possibly be. If you are wondering if bankruptcy might be a viable choice for you, please contact us as soon as you can. You may contact us through this website or give us a toll-free call at 866.682.8776. Call us today.