The Law Office of Christopher P. Walker serves all of Los Angeles, Riverside and Orange County, including Anaheim, Anaheim Hills, Orange, Villa Park, Yorba Linda, Placentia, Fullerton, Stanton, Garden Grove, Buena Park, Brea, Norco and Corona.
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Orange County bankruptcy attorney Christopher P. Walker has been helping Anaheim residents get a fresh financial start for over 15 years. The Law Office of Christopher P. Walker, P.C.'s mission is to provide personalized solutions, including bankruptcy and debt relief, to meet the needs of each of our clients. Our consumer, small business and personal bankruptcy services help you solve your financial problems, including wage garnishment and foreclosure.
Christopher P. Walker has been helping residences of Anaheim, Orange, Yorba Linda, Villa Park, Fullerton, Brea and Placentia file for bankruptcy for 15 years. He is experinced in all aspects of Bankruptcy law and can explain the procees and the alternatives to bankruptcy in a free half-hour consultation. |
New Bankruptcy Law
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A major bankruptcy law change went into effect in 2005 that made major revisions to the bankruptcy code. The new law added complexity and many new requirements to filing. Ike Shulman is well trained on the new law, and is one of a handful of attorneys selected by the National Association of Consumer Bankruptcy Attorneys to train over 3000 attorneys on how to practice under the new law. Ike thoroughly understands the new law and has been successful in achieving positive outcomes for his clients since the law went into effect. |
We can put you back in control of your finances and help you get relief from your debts, including those tax debts to the IRS. We provide a Free Consultation to analyze all the options available to you, including Chapter 7 and Chapter 13. If you need to file for bankruptcy, we offer competitive rates.
We serve as bankruptcy lawyers for all of Orange County, Riverside County and San Bernardino County, including the Anaheim, Anaheim Hills, Yorba Linda, Orange, Villa Park, Placentia, Fullerton, Stanton, Brea, Garden Grove, Norco and corona. We are committed to working with you in an atmosphere of care and respect.
What Is Chapter 7 Bankruptcy
The answer to this question lies in the answer to a broader question: "What is the ultimate aim of filing for bankruptcy?"
If filing for Bankruptcy is an opportunity for a debtor to emerge out of a financial crisis and start afresh, then Chapter 7 of the Bankruptcy Code is the way to achieve this end relatively faster. Under Chapter 7 of the Bankruptcy Code all non-exempt property of the debtor is sold and the proceeds of the same are distributed to the creditors. In most cases where Chapter 7 is brought into force the debtor has no assets to lose, therefore the fresh start takes place relatively faster.
What Is Chapter 13 Bankruptcy?
When someone files for bankruptcy under Chapter 13 of the Bankruptcy Code, their aim is to have the opportunity to repay some or all the debts in their name, in better terms, i.e. lower or no interest. Unlike Chapter 7 which involves liquidation of assets, this process allows the debtor to use whatever income they may have in the future to pay off the creditors. Needless to say, filing Chapter 13 Bankruptcy is applicable for a debtor who does have a regular income, and thus can afford to request for such adjustments, or reductions.
The United States Bankruptcy Code gives the debtor a ceiling of 5 years, within which the creditors must be paid back. While the attorney will safeguard your interests, the entire process is carried out under the supervision of the courts.
Contact Christopher Walker today at 714.639.1990 to arrange an appointment.
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