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Eligibility: Not everyone is eligible for Chapter 7 bankruptcy, as there are income limits and other requirements that must be met. Chapter 13 bankruptcy is available to those with a steady income.
Asset liquidation: In Chapter 7 bankruptcy, the trustee will sell the debtor's non-exempt assets to repay creditors. In Chapter 13 bankruptcy, the debtor keeps their assets and repays debts over time.
Debt discharge: Chapter 7 bankruptcy discharges most unsecured debts, while Chapter 13 bankruptcy discharges remaining unsecured debts at the end of the repayment period.
Time frame: Chapter 7 bankruptcy typically takes four to six months to complete, while Chapter 13 bankruptcy can take three to five years.

Attorney Sid Mickell, The Bankruptcy Guy, is your source for competent, personalized, bankruptcy services in Southern California.

With over 30 years of experience in the field of law, The Bankruptcy Guy is dedicated to helping hard working Californians obtain the fresh financial start they need and deserve.

We know that every client is unique. Our clients are treated individually, with empathy and respect. We have no cookie cutters, here.

Find out how "The Bankruptcy Guy" can help you enjoy your life again.

Call us at (323) 309-1137 or send us an eMail to [email protected].

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921 South Wooster Street, Los Angeles, California, 90035

[email protected]

(323) 309-1137