Manhattan Beach, California
Bankruptcy questions can become more complicated when substantial property, mortgages, equity, or other assets are involved.
Kostopoulos Bankruptcy Law helps individuals and families in Manhattan Beach evaluate Chapter 7 and Chapter 13 while considering their debts, income, property, and financial goals.
Quick Answer
Bankruptcy may provide relief from qualifying debts and certain collection actions, but homeowners and other property owners need to understand how their assets could be treated before filing.
Manhattan Beach Bankruptcy: At a Glance
| City | Manhattan Beach, California |
| County | Los Angeles County |
| Federal bankruptcy district | Central District of California |
| Common chapters | Chapter 7 and Chapter 13 |
| Important considerations | Debt, property equity, mortgages, exemptions, collections, and garnishment |
Bankruptcy and Property
For some Manhattan Beach residents, the most important bankruptcy question isn’t simply whether credit-card debt can be discharged.
“What happens to my property if I file?”
That question can involve:
Debt Problems Bankruptcy May Address
A consultation may address credit cards, medical bills, personal loans, collection accounts, wage garnishment, lawsuits, vehicle debt, mortgage arrears, foreclosure concerns, and other qualifying debts.
Bankruptcy law treats different categories of debt differently, and some obligations may not be dischargeable.
Chapter 7 or Chapter 13?
Chapter 7
Chapter 7 may provide a discharge of qualifying debts for individuals who meet the applicable requirements.
Chapter 13
Chapter 13 provides a repayment plan for qualifying individuals with regular income and may allow certain past-due obligations to be addressed over time.
Manhattan Beach Bankruptcy Help
A useful bankruptcy consultation should address the entire financial picture rather than one credit-card balance.
Call 877-969-7482 to discuss your situation.