Los Angeles has 920 Bankruptcy and debt Attorneys with 2455 Reviews
![Mark Markus Bankruptcy Attorney]( "Mark Markus headshot")
Mark Markus
Open for business Open for businessAttorneys that have confirmed to Avvo that they are open during this time are marked "Open for business" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Virtual Consultation Virtual ConsultationAttorneys that have confirmed to Avvo that they are available for a phone or video consultation have "Virtual Consultation" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Law Office of Mark J. Markus
355 S. Grand Ave. Suite 2450, Los Angeles, CA"I wish I had come to you first" is the most often heard comment from my clients.![John Sarai Bankruptcy Attorney]( "John Sarai headshot")
John David Sarai
Open for business Open for businessAttorneys that have confirmed to Avvo that they are open during this time are marked "Open for business" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Virtual Consultation Virtual ConsultationAttorneys that have confirmed to Avvo that they are available for a phone or video consultation have "Virtual Consultation" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Shield Law Group, APLC
15910 Ventura Blvd., Suite 710, Los Angeles, CAIF YOU'VE BEEN INJURED OR ARE STRUGGLING WITH DEBT, CALL US FOR AN ABSOLUTELY FREE CONSULTATION. WE'VE GOT YOU COVERED.Practice area75% Bankruptcy and debt, 25% Personal injuryCostFree Consultation 60 minutesContingency 33%-45%Retainer SometimesLicenseCA, Active since 2008![Victor Yoo Bankruptcy Attorney]( "Victor Yoo headshot")
Victor J Yoo
Open for business Open for businessAttorneys that have confirmed to Avvo that they are open during this time are marked "Open for business" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Virtual Consultation Virtual ConsultationAttorneys that have confirmed to Avvo that they are available for a phone or video consultation have "Virtual Consultation" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Tax Lawyers Group, APC - Los Angeles
2049 Century Park E, Ste 3850, Los Angeles, CAComplex Chapter 7, 13 & 11 Business and Tax Bankruptcy Cases.![Eliza Ghanooni Bankruptcy Attorney]( "Eliza Ghanooni headshot")
Eliza Ghanooni
Eliza Ghanooni, Attorney at Law
1901 Ave of the Stars, Suite 450, Los Angeles, CAI take pride in my practice and I really enjoy helping my clients through an unfamiliar road. I consider myself a tourguide or a counselor, guiding them and keeping them on the safe path, keeping their assets safe, keeping the assets of their fam...![Marc Lieberman Bankruptcy Attorney]( "Marc Lieberman headshot")
Marc Andrew Lieberman
Fredman Lieberman Pearl LLP
1875 Century Park E Ste 2230, Los Angeles, CATop-Rated Cost-Effective Bankruptcy and Business Litigation Attorney.![Jay Fleischman Bankruptcy Attorney]( "Jay Fleischman headshot")
Jay S. Fleischman
Shaev & Fleischman P.C.
8605 Santa Monica Blvd #47620, Los Angeles, CAI’m a student loan lawyer who has helped thousands of federal and private student loan borrowers lower their payments, negotiate settlements, get out of default, and qualify for loan forgiveness programs. My practice includes defending student loa...![Todd Turoci Bankruptcy Attorney]( "Todd Turoci headshot")
Todd Louis Turoci
Open for business Open for businessAttorneys that have confirmed to Avvo that they are open during this time are marked "Open for business" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Virtual Consultation Virtual ConsultationAttorneys that have confirmed to Avvo that they are available for a phone or video consultation have "Virtual Consultation" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
The Turoci Firm
1010 Wilshire Blvd., Los Angeles, CAState Bar Certified Bankruptcy Specialist on your side. I can help.![Christian Kim Bankruptcy Attorney]( "Christian Kim headshot")
Christian Tae-Sang Kim
Dumas & Kim, APC
915 Wilshire Blvd Ste 1775, Los Angeles, CAChristian T. Kim is a shareholder at Dumas & Kim, APC. Mr. Kim is certified as a bankruptcy law specialist by The State Bar of California, Board of Legal Specialization and has extensive experience in representing trustees, debtors and creditors i...![Marcus Tiggs Bankruptcy Attorney]( "Marcus Tiggs headshot")
Marcus Gregory Tiggs
Bayer Wishman & Leotta
1055 Wilshire Blvd, Suite 1900, Los Angeles, CAMy primary professional endeavor has been as a bankruptcy attorney and bankruptcy litigator. In law practice since 1989, I was formerly the Managing Partner of Slate & Leoni, APC, and joined Bayer, Wishman and Leotta in 2001. I became a Cer...![Matthew Resnik Bankruptcy Attorney]( "Matthew Resnik headshot")
Matthew David Resnik
Open for business Open for businessAttorneys that have confirmed to Avvo that they are open during this time are marked "Open for business" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Virtual Consultation Virtual ConsultationAttorneys that have confirmed to Avvo that they are available for a phone or video consultation have "Virtual Consultation" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
RHM LAW LLP
510 W. 6th Street, Suite 1220, Los Angeles, CAAt RHM LAW LLP, we work with people and small businesses to a fresh start.Practice area35% Bankruptcy and debt, 25% Personal injury, 25% Car accident, and more.CostFree Consultation 60 minutesLicenseCA, Active since 1996![Sanaz Bereliani Bankruptcy Attorney]( "Sanaz Bereliani headshot")
Sanaz Sarah Bereliani
Bereliani Law Firm
12100 Wilshire Blvd, 8th Floor, Los Angeles, CASanaz Bereliani is a California Bar certified bankruptcy specialist. She strives to provide her clients with high quality bankruptcy representation and alternatives to bankruptcy including foreclosure defense, debt settlement, and creditor violati...![Daniel Weintraub Bankruptcy Attorney]( "Daniel Weintraub headshot")
Daniel Joseph Weintraub
Weintraub Zolkin Talerico & Selth
11766 Wilshire Boulevard, Suite 1170, Los Angeles, CADaniel J. Weintraub has been a bankruptcy lawyer and business litigator for over 30 years. During that time, he has helped countless businesses and individuals successfully work through and resolve their financial challenges. Attorney Weintraub re...![Andrew Moher Bankruptcy Attorney]( "Andrew Moher headshot")
Andrew A Moher
Moher Law Group
10507 W Pico Blvd, Los Angeles, CAAfter growing up in Chicago and attending University of Michigan, I came to California and have established my law practice here. My firm has four offices in California, San Diego, Oakland/Bay Area, Los Angeles, and Sacramento. We handle real esta...![William Huestis Bankruptcy Attorney]( "William Huestis headshot")
William Lee Huestis
W Legal PC
3435 Wilshire Blvd., #1100, Los Angeles, CAReview: “I was in a really tough spot before I signed up with William. A loan modification company took thousands of dollars from me and did not help me one bit. I finally signed up with William and was able to keep my home and ...![Jeremy Hyndman Bankruptcy Attorney]( "Jeremy Hyndman headshot")
Jeremy Scott Hyndman
Investor Defense Law LLP
Union Bank Plaza, 445 S. Figueroa St., Suite 3100, Los Angeles, CAI represent creditors in bankruptcy cases.![Gary Wallace Bankruptcy Attorney]( "Gary Wallace headshot")
Gary Russell Wallace
10801 National Boulevard, Suite 100, Los Angeles, CAReview: “I hired Gary the first time to solve a rental contract situation which was pending for a long time. Not only did he efficiently and quickly resolve the situation negotiating a settlement on my behalf to my complete satisf...![Michael Salanick Bankruptcy Attorney]( "Michael Salanick headshot")
Michael Salanick
Law Office of Michael Salanick
700 S. Flower Street, Suite 1000, Los Angeles, CAThe Law Firm A California state-wide law firm with its central hub located in the heart of downtown Los Angeles. The Law Office of Michael Salanick utilizes updated technology and a suite of satellite office locations to serve legal needs of Cali...![Michael Chekian Bankruptcy Attorney]( "Michael Chekian headshot")
Michael Frank Chekian
Open for business Open for businessAttorneys that have confirmed to Avvo that they are open during this time are marked "Open for business" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Virtual Consultation Virtual ConsultationAttorneys that have confirmed to Avvo that they are available for a phone or video consultation have "Virtual Consultation" on their profile. We recommend that you contact the attorney directly to determine hours and availability.
Michael Chekian
445 South Figueroa Street, 31st Floor, Los Angeles, CAFile bankruptcy, settle, or fight the lawsuit? Need help with student loans; Free Consultation.Practice area2% Bankruptcy and debt, 45% Chapter 7 bankruptcy, 20% Chapter 13 bankruptcy, and more.CostFree Consultation 20 minutesLicenseCA, Active since 1993![James Selth Bankruptcy Attorney]( "James Selth headshot")
James Richard Selth
Weintraub & Selth, APC
11766 Wilshire Boulevard, Suite 450, Los Angeles, CAJames Selth is a State Bar Certified Legal Specialist in bankruptcy law with over 30 years experience in the Bankruptcy Courts and served as a Commissioner on the State Bar's Bankruptcy Law Advisory Commission from 2015-2019. Weintraub & Selth, AP...![Jeffrey Wishman Bankruptcy Attorney]( "Jeffrey Wishman headshot")
Jeffrey Nathan Wishman
Bayer Wishman & Leotta
1055 Wilshire Blvd #1900, Los Angeles, CAWe have handled 15,000 bankruptcy cases, with offices in Long Beach and Los Angeles, CA. I am a Certified Specialist in Bankruptcy Law by the State Bar of California. I am passionate about the practice of bankruptcy because it provides an amazin...
BANKRUPTCY IN LOS ANGELES
How Bankruptcy Works
Bankruptcy provides a safety net for people struggling to pay debt. Once filed, debt collectors and other creditors must stop sending harassing letters, making calls, and pursuing collection lawsuits. The bankruptcy process involves a review of the debtor’s financial situation, including income and property value, to determine whether creditors will receive some portion of what’s owed. Most bankruptcy cases end with the court issuing a debt discharge wiping out qualifying debt.
Types of Bankruptcies
Chapter 7
A Chapter 7 bankruptcy provides a fresh start by erasing credit card balances, medical bills, personal loans, and other qualifying debt. It’s quick—taking about four months to complete—and the filer doesn’t repay creditors through a repayment plan. Chapter 7 filers keep property needed to work and live, such as a modest car and household furnishings. The bankruptcy trustee sells nonessential property for the benefit of creditors.
Chapter 13
Wage earners with enough steady income to repay creditors some portion of what they owe file for Chapter 13. This chapter offers valuable benefits not available in Chapter 7, such as allowing filers to keep all of their property. Filers can also save a home from foreclosure or a car from repossession by catching up on missed payments through the repayment plan. Once complete, the debt discharge erases remaining balances on qualifying debt.
Chapter 11
Chapter 11 helps income-generating companies stay in business, as well as high-earning individuals whose debts are too high to qualify for Chapter 13. In Chapter 11, the filer and creditors create a restructured debt plan the company can afford by agreeing to new terms or reducing amounts owed. Many small businesses and individuals can take advantage of the relaxed, cost-saving Chapter 11, sub-V procedures created especially for them.
Cost of Bankruptcy
A Chapter 7 bankruptcy in California tends to cost $1,650, but it might be more in large metro areas like Los Angeles. The average Chapter 13 case costs $3,500.
Bankruptcy Pros and Cons
- Wiping out qualifying debt can help filers live within their means.
- Filers start rebuilding credit immediately after receiving a bankruptcy discharge.
- Filers can save a home from foreclosure or a car from repossession, and in some cases, wipe out an underwater residential junior mortgage or reduce secured debt to the value of the collateral.
A business owner can restructure debt and save a failing business or, after a business closure, wipe out personal liability for business debt.
A bankruptcy discharge doesn’t wipe out recently incurred tax balances, domestic support obligations, student loans, and other nondischargeable debts.
- The bankruptcy filing will impact the filer’s credit score temporarily and will remain on a credit report for up to ten years.
- Bankruptcy filers pay higher interest rates on most credit purchases after bankruptcy.
- Filers will find it difficult to lease property for a year or two after bankruptcy.
For more on bankruptcy in California, and questions asked in Los Angeles, see our free legal advice page.