Bankruptcy Legal Services in San Diego
35+ Years of Exclusive Bankruptcy Experience
Are you struggling to repay your creditors? Are you searching for a way to get some relief from your debts? Debt Relief Legal Clinic is here to assist you. Our San Diego bankruptcy lawyers can help evaluate your options and guide you towards a solution that is right for your unique situation.
Our certified bankruptcy specialists provide reliable counsel on matters related to:
What Is Bankruptcy?
When an individual or business files for bankruptcy, they are making an official declaration that they are unable to repay their creditors. The federal Bankruptcy Code regulates the rules and procedures of the filing process. Within this Code, there are several chapters, which are essentially different types of bankruptcy filings. It is important to understand the various chapters, their advantages and disadvantages, and which one is most pertinent for your situation.
Within this Code, there are several chapters, which are essentially different types of bankruptcy filings. It is important to understand the various chapters, their advantages and disadvantages, and which one is most pertinent for your situation.
Understanding the Different Types of Bankruptcy
For individuals, there are two primary forms of bankruptcy: Chapter 7 and Chapter 13. Chapter 7, often referred to as liquidation bankruptcy, is typically the filing used by those who have little to no disposable income. The debtor’s “non-exempt” assets are sold by a court-appointed trustee, the proceeds of which are then used to repay the various creditors. After the monies have been used, any remaining debts will be discharged.
Chapter 13, also known as reorganization bankruptcy, is the common way to go for those who have a regular income or make more than a specific threshold. Many also choose this form of bankruptcy if they want to keep more of their assets. Chapter 13 involves creating a repayment plan that spans three to five years. After the payment is complete, the debtor’s remaining debts will be discharged.
Call Debt Relief Legal Clinic at (619) 639-9228 today to schedule your free consultation.
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Dischargeable Debts Vs. Nondischargeable Debts
Bankruptcy can help you eliminate many kinds of debts, but not all. Those debts that can be eliminated are known as dischargeable debts. Upon receiving a discharge, the debtor is no longer required to pay the specific debts, and their creditors are prohibited from continuing collection efforts. Some types of debts that are dischargeable in bankruptcy include; Medical bills, Past-due utility bills, Credit card debts, Personal loans from family, friends, and others.
There are many debts that a debtor still remains responsible for after the bankruptcy process. Known as nondischargeable debts, this category of debt includes student loans, alimony payments, child support, criminal restitution, and certain unpaid taxes. Our experienced bankruptcy lawyers can help you review which of your debts can be discharged by filing for bankruptcy.
Knowing When Bankruptcy Is the Right Option
The decision to file for bankruptcy is an important one, and should not be made without seeking the counsel of a certified bankruptcy specialist. Although filing for bankruptcy can be a great way to get relief from overwhelming debt, creditor harassment, foreclosure, and repossession, it is not right for everyone. Before you choose to file for bankruptcy, consult with our San Diego bankruptcy attorneys at Debt Relief Legal Clinic. We can help you determine if you would benefit by filing for bankruptcy. Get on the road to being debt-free by calling (619) 639-9228 now. We’ve been helping clients get the relief they need since 1975. Schedule your free case consultation today.
Why Hire Us?
Certified Bankruptcy Specialist
Attorney John C. Colwell has been recognized by the State Bar of California as one of 12 certified legal specialists in San Diego County for Bankruptcy Law.
Our attorney has over 35 years of experience and has dedicated the firm to consumer bankruptcy.
Our legal team is bilingual and serve our clients in English and Spanish.
President of NACBA
John C. Colwell has been a member of NACBA for 25 years and is currently the president.
Hear from Our Happy ClientsRead Our 5 Star Reviews
John and his team DELIVERED!- Matthew B.
I can't say enough about how wonderful the staff and the attorneys are to work with through the process.- Laura M.
I wish I could give him more than 5 stars.- Terry D.
John Colwell and Daniel Wiedecker handled our bankruptcy very professionally and we are very pleased with their legal services.- Allie F.
Mr. Colwell goes the extra mile for his clients! I really appreciated his time and extra time for a zoom meeting during covid-19 pandemic to answer my additional questions prior to discharge!- Lori Kalman Adkins
Attorney John C. Colwell is the President of the National Association of Consumer Bankruptcy Attorneys and has dedicated his practice to consumer bankruptcy since 1989.