Newport Beach Bankruptcy Attorney
Considering a bankruptcy filing in Newport Beach? Start by hiring a Newport Beach bankruptcy attorney. Paying for help may not seem like the best idea when you’re facing bankruptcy, but ask any expert and they’ll tell you that a Newport Beach bankruptcy attorney is more than worth his price. Besides signing your paperwork, a Newport Beach bankruptcy attorney can also deal with your creditors and help you back on your feet after being discharged.
There are lots of places to find a Newport Beach bankruptcy attorney, from law firm websites to local listings. But the best sources are direct referrals from family and friends, or even lawyers you’ve worked with before, who can give you firsthand feedback at the same time. No matter what your source is, however, it’s important to choose a Newport Beach bankruptcy attorney with a good track record and enough experience to help you come out on top.
Filing Bankruptcy in Newport Beach, CA
During your initial consultation, your lawyer will explain the bankruptcy filing steps in Newport Beach. They will also go over your data and decide which chapter works best for you. They can also prepare you to take the means test, an important step in filing bankruptcy in Newport Beach, which will determine whether or not you qualify for aid.
Next, you and your creditors will be notified of a date and time for a creditors’ meeting. Here, a bankruptcy trustee will go over all the information you provided when filing bankruptcy in Newport Beach. They will also look at your assets and see which ones can be sold off, if applicable.
If you opted for a Chapter 7 bankruptcy, you will receive a notice of discharge a little over 60 days after filing bankruptcy in Newport Beach. In a Chapter 13 bankruptcy, you will start on a repayment plan of three to five years, and receive your notice of discharge after you make your last payment.