Bankruptcy Basics

Experienced Bankruptcy Lawyers in California

To many people, bankruptcy is a word filled with negative connotations. It is often wrongly associated with carelessness, poor judgment and a being given a "free ride." At the Law Offices of James C. Shields, we deal with bankruptcy every day and we see it for what it is: A very common personal decision that allows people who are overwhelmed with debt a chance at a fresh financial start.

We represent people from Los Angeles, Orange, Riverside, San Bernardino counties. Contact us today at (866) 959-3531 or (310) 961-4386 to discuss your debt relief options.

Is Bankruptcy Right for You?

At the Law Offices of James C. Shields, we have extensive experience helping people explore their debt relief options. One of the most effective ways to discharge debt is through bankruptcy. In determining whether or not bankruptcy is right for you, it may be helpful to ask yourself the following questions: Are you tired of:

• Giving every cent of your disposable income to credit card companies?
• Borrowing more money to pay your existing debts?
• Receiving threatening phone calls and letters from debt collectors
• Worrying about losing your property through foreclosure and repossession?
• Having your money taken away through wage garnishment and bank levies?

While we would need to fully review your financial situation before we suggest filing for bankruptcy, if you answered yes to more than one of these questions, you may wish to contact us to discuss the option of bankruptcy.

Pathways to Debt Relief

Bankruptcy is a federal court process designed to protect consumers from debt collection and develop a way to give them a fresh financial start. The two major types of bankruptcy that we assist clients with are:

• Chapter 7 bankruptcy: Debt liquidation. Offers clients an opportunity to wipe out a large majority of their debt.
• Chapter 13 bankruptcy: Restructures people's debts into a manageable payment schedule and in most cases, significantly reduces it.

We know that every client's situation is different and we tailor our approach to suit the needs and goals of each client.

Schedule Your Free Consultation Today

If you have further questions about bankruptcy basics, we are here for you. Contact us today online or by telephone at (866) 959-3531 or (310) 961-4386 to schedule your free initial consultation with an experienced bankruptcy attorney. We are open on Saturdays and are available before or after regular business hours by appointment. For your convenience, we accept checks and debit cards as forms of payment.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.