Alameda County Bankruptcy Lawyer
One of America's Top 50 Consumer Bankruptcy Attorneys
Alameda County occupies most of the East Bay region of the San Francisco
Bay Area; its major cities include Oakland, Fremont, Berkeley, and Hayward.
The county was formed in 1853 from a large portion of Contra Costa County
and a smaller portion of Santa Clara County.
Alameda is Spanish for "A place where poplar trees grow." This name
was originally given to the Arroyo de la Alameda (Poplar Grove Creek)
because the willow and sycamore trees that grew along the banks of the
river reminded early explorers of a tree-lined road, also known as an
California is among the "sunshine states" including Arizona,
Nevada and Florida that were hit particularly hard by the economic downturn
and collapse of the housing market. Even today tens of thousands of Californians
are still struggling to recover from extended periods of unemployment
and foreclosures. If you are among the many Alameda County residents who
are burdened by overwhelming debt, you are not alone.
At The Bankruptcy Law Firm, our Alameda County bankruptcy lawyers are here
to offer you answers to your questions, information on the bankruptcy
process and real, professional guidance on the various debt relief solutions
available to you. With one of
America's Top 50 Consumer Bankruptcy Attorneys on our team – we're qualified to help you.
As a full-service
bankruptcy law firm, we have helped individuals and couples coming from all different
types of debt situations find the relief they were looking for. From business
owners, to teachers and people working in the construction or service
industries, people from all walks of life are struggling with unsustainable
debt loads. If you are beginning to feel the strain of too much debt,
or if your credit has already suffered delinquencies, charge offs, collections
or liens, it's a wise idea to consider the debt relief options available to you.
Which Chapter is right for me, Chapter 7 or Chapter 13?
Most debtors file bankruptcy under Chapter 7 or Chapter 13. Chapter 7 is
generally reserved for debtors with little or irregular income with large
amounts of unsecured debts, whereas the Chapter 13, "wage earners"
bankruptcy is generally suitable for debtors with regular monthly income
or debtors who want to save their home from
foreclosure. To qualify for a Chapter 7 bankruptcy where a debtor can discharge or
"wipe out" certain dischargeable debts, the debtor must pass
the bankruptcy means test. For those debtors whose incomes exceed the
limits for a Chapter 7, they will be diverted to filing a Chapter 13 instead.
With a Chapter 13 bankruptcy, the debtor is put on a Chapter 13 repayment
plan where he or she pays off all or a portion of their off debts over
3 to 5 years. With repayment plans, the debtor pays an affordable monthly
payment to the Chapter 13 trustee, who in turn distributes payments to
the creditors. During the repayment plan, the debtor has no contact with
There are many benefits to both
Chapter 7 and
Chapter 13 bankruptcies, with one advantage being relief from the "automatic
stay," which prohibits creditors from commencing or continuing any
collection efforts against the debtor. Another advantage of bankruptcy
is that a debtor can rebuild their credit within a few short years providing
they follow some simple, yet effective credit restoration steps. By rebuilding
one's credit following a bankruptcy, the debtor can typically enjoy
freedom from certain debts and a much improved credit rating and at a
much faster rate than if they had chosen not to file bankruptcy at all.
Why The Bankruptcy Law Firm?
Let's face it, filing for bankruptcy is a big decision to make and
it should always be an educated decision. At The Bankruptcy Law Firm, we will evaluate your situation in order
to determine if bankruptcy truly is best for you. If it is not your best
option, we will tell you so. We're in business to help people, and
this means guiding them in the right direction. Just a few reasons why
we should be your first call include:
Attorney Rita Kostopoulos is a
certified bankruptcy specialist by the American Board of Certification.
Our firm is named among the
Top 100 Firms by the Debt Education and Certification Foundation (DECAF).
- Attorney Kostopoulos holds a real estate broker's license, she owns
a title company and she is the owner of Sparta Realty LLC.
As a bankruptcy law firm committed to outstanding personalized service,
we are proud members of numerous legal organizations including but not
limited to: the Oakland County Bar Association, the American Bankruptcy
Institute, the Consumer Bar Association, the National Association of Bankruptcy
Attorneys and more. If you're looking for professional, competent
legal representation for a bankruptcy case, look no further than The Bankruptcy Law Firm!
Contact an Alameda County bankruptcy attorney from
The Bankruptcy Law Firm today! We can be reached at (510) 270-2782.
Alameda County Resource Links
Bankruptcy Information Center
About Alameda County