Frequently Asked Questions
At Cal West Law, our mission is to help give you a fresh start. We have been providing personalized bankruptcy services for clients in Woodland Hills and throughout Southern California for more than 24 years, and we have seen it all. No matter how large and messy your current financial situation is, we are equipped to help you formulate a plan and find a way out.
We understand the heavy burden that debt places on individuals, business owners, and families, which is why we are committed to doing everything we can to lighten your load and give you peace of mind at every stage of the process.
Call (818) 446-1334 today to schedule your free consultation.
Can I File Bankruptcy Without a Lawyer?
Technically, you are not required to retain an attorney before filing for bankruptcy, and it would be possible for you to fill out all the required forms without the advice of an attorney.
However, this is a dangerous endeavor, as even a small error could prevent you from obtaining any form of relief and leave you stuck with all the lasting, harmful consequences of filing bankruptcy, such as damaged credit.
Congress has also made banking and bankruptcy laws painfully complex and difficult for non-legal and non-banking professionals to understand. This makes it that much more important for all prospective bankruptcy filers to consult a legal professional who is familiar with the court system, the laws, and the possible solutions to your debt.
When you schedule a free consultation at Cal West Law, there is no financial obligation. A consultation allows us to learn about your circumstances and your goals and help you understand your options, and the power to decide how to move forward always rests with you.
Start learning about your options today by calling (818) 446-1334.
Does Bankruptcy Get Rid of All My Debts?
Some debts can be completely discharged when you file for bankruptcy and receive final approval from the court. However, some debts may not be discharged or reduced, including (but not limited to):
- Back-pay for child support
- Tax debts (with a few exceptions)
- Student loans (unless repaying the loan places an impossible burden on you, which is very challenging to prove in most cases)
These are not always hard-and-fast rules. When you bring Cal West Law into your corner, we can help you determine which debts can be discharged, which ones can be reduced, and which ones are likely to remain static.
Will Bankruptcy Hurt My Credit Forever?
No. In the short run, immediately after bankruptcy, you will likely have difficulty financing major purchases at a reasonable interest rate; however, we can help you take steps following bankruptcy that will significantly improve your credit.
Even if your credit score is less than ideal after filing for and obtaining bankruptcy, the negative effects don’t last forever. Credit reporting agencies typically take into account your last 7-10 years of credit history, so continuing to carefully manage your finances and build your credit in the years following bankruptcy will eventually pay off and you will see your credit score return to normal.
Could I Lose My Job if I File for Bankruptcy?
No. Your employer may not discriminate against you for seeking protection under any chapter of the Bankruptcy Act. You are also protected from discrimination by your employer for having unpaid debts that were discharged under the Bankruptcy Act.
We strive to make the bankruptcy process as smooth and simple for you as possible. Reach out to our firm today to schedule a free in-person or virtual consultation today.