Written by: leonora  |  Published on: June 26th, 2013

REASON 1 – YOU WILL PROBABLY BE GETTING MARRIED SOON AND MERGING YOUR FINANCES You are probably going to get married. And with that comes the oh-so-fun merging of the finances. I can assure you that it is a lot better to be the person saying, “yeah, once upon a time I filed for bankruptcy. I learned a lot. I don’t have any debt now, other than my student loans, and I have managed to save for retirement and put money away for a rainy day since that time. Oh, and because it was a while ago, my credit is [...]

Bankruptcy Lawyer Fee in Los Angeles

Written by: leonora  |  Published on: March 21st, 2012

How much will it cost to file for bankruptcy? I get that question on the phone a lot. It is perfectly understandable. In fact I am planning a wedding right now and it would be really helpful to know how much it costs for flowers and music and photographer and the rest and very rarely am I able to get the price from the vendor’s website, so trust me when I say that I understand your frustration. It is frustrating and I completely understand that before you waste your time coming in to meet with a bankruptcy attorney in Los [...]

Will my credit be ruined from bankruptcy?

Written by: leonora  |  Published on: March 20th, 2012

The following scenario happens regularly during my consultations: – Potential Client: “I know bankruptcy would really make my life easier, but I want to avoid it at all costs, because I really want to protect my credit.” – Me: “Oh, how is your credit right now?” – Potential Client: “It’s not …great, but I heard that after bankruptcy…that’s it, you can’t buy a car, you can’t buy a house, you can’t get a credit card. Your credit is ruined for the next ten years. That just won’t work for me.” – Me: “It is clearly a very common misconception, and [...]

What will my Plan payment be in a Chapter 13 bankruptcy?

Written by: leonora  |  Published on: March 13th, 2012

When a Client is considering a Chapter 13 bankruptcy, the main thing they want to know is what their Plan payment will be. It is a very valid question, since they can’t make a decision without having that knowledge of whether Chapter 13 is even a realistic option for them. A. How big will my Plan payment be? The Plan payment must at least cover the necessary debts. “Necessary Debts” Mortgage arrearages, car payment arrearages, Trustee fees, remaining attorney fees, priority taxes. These need to be paid in entirety through your proposed plan. As such, the plan payments have to [...]

I got sued by a debt collector. Can I still file for bankruptcy?

Written by: leonora  |  Published on: February 28th, 2012

What if they filed a lawsuit against me, can I still file for bankruptcy and get rid of this debt? I hear this question a lot. The answer is yes, but I understand how having a lawsuit filed against you can be both stressful and confusing. Lawsuit filed against you Usually the original creditor (like American Express Centurion Bank) or a debt collector will file a lawsuit. You will know that a lawsuit was filed against you when you get a pretty hefty set of documents. The first page is likely to say “Summons” and the second page will be [...]

We help people file for bankruptcy, in addition to other legal services. As such, we are designated a debt relief agency by the U.S. Bankruptcy Code.This site is for general informational purposes only. Nothing on this site is legal advice. No attorney-client relationship is created until a written agreement is entered into and signed by you and Leonora Gorelik. Law Offices of Leonora Gorelik 3835 Hayvenhurst Ave. Encino, CA 91436