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Los Angeles, CA Bankruptcy lawyers

920 lawyers specializing in Bankruptcy are available in the Los Angeles, CA area.

Compare the best Bankruptcy attorneys near you and make informed decisions based on 2455+ reviews and detailed attorney profiles. Click here to see related practice areas and towns nearby as well as additional resources.

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Los Angeles has 920 Bankruptcy and debt Attorneys with 2455 Reviews

  • Mark Markus

    Open for business
    Open for business

    Attorneys 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 Consultation

    Attorneys 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
    5.0 stars 28 reviews
    Avvo Rating: 9.7  
    Bankruptcy and debt Lawyer Licensed
    "I wish I had come to you first" is the most often heard comment from my clients.
  • John David Sarai

    Open for business
    Open for business

    Attorneys 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 Consultation

    Attorneys 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, CA
    5.0 stars 26 reviews
    Avvo Rating: 8.9  
    Bankruptcy and debt Lawyer Licensed
    IF YOU'VE BEEN INJURED OR ARE STRUGGLING WITH DEBT, CALL US FOR AN ABSOLUTELY FREE CONSULTATION. WE'VE GOT YOU COVERED.

    Practice area
    75% Bankruptcy and debt, 25% Personal injury

    Cost
    Free Consultation
    Some lawyers offer a free consultation to help determine whether their services are right for your legal needs
    60 minutesContingency A contingency fee is the percent of the final award a lawyer will receive as compensation. For some of these cases, lawyers will only be paid if there is a successful outcome. 33%-45%Retainer Some attorneys require an upfront payment to secure their services before they begin their work Sometimes

    License
    CA, Active since 2008

  • Victor J Yoo

    Open for business
    Open for business

    Attorneys 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 Consultation

    Attorneys 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, CA
    5.0 stars 20 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    Complex Chapter 7, 13 & 11 Business and Tax Bankruptcy Cases.
  • Eliza Ghanooni

    Eliza Ghanooni, Attorney at Law
    1901 Ave of the Stars, Suite 450, Los Angeles, CA
    5.0 stars 94 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    I 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 Andrew Lieberman

    Fredman Lieberman Pearl LLP
    1875 Century Park E Ste 2230, Los Angeles, CA
    3.5 stars 8 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    Top-Rated Cost-Effective Bankruptcy and Business Litigation Attorney.
  • Jay S. Fleischman

    Shaev & Fleischman P.C.
    8605 Santa Monica Blvd #47620, Los Angeles, CA
    5.0 stars 80 reviews
    Avvo Rating: 8.9  
    Bankruptcy and debt Lawyer Licensed
    I’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 Louis Turoci

    Open for business
    Open for business

    Attorneys 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 Consultation

    Attorneys 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, CA
    5.0 stars 34 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    State Bar Certified Bankruptcy Specialist on your side. I can help.
  • Christian Tae-Sang Kim

    Dumas & Kim, APC
    915 Wilshire Blvd Ste 1775, Los Angeles, CA
    5.0 stars 2 reviews
    Avvo Rating: 9.7  
    Bankruptcy and debt Lawyer Licensed
    Christian 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 Gregory Tiggs

    Bayer Wishman & Leotta
    1055 Wilshire Blvd, Suite 1900, Los Angeles, CA
    5.0 stars 1 review
    Avvo Rating: 9.6  
    Bankruptcy and debt Lawyer Licensed
        My 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 David Resnik

    Open for business
    Open for business

    Attorneys 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 Consultation

    Attorneys 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, CA
    5.0 stars 5 reviews
    Avvo Rating: 9.7  
    Bankruptcy and debt Lawyer Licensed
    At RHM LAW LLP, we work with people and small businesses to a fresh start.

    Practice area
    35% Bankruptcy and debt, 25% Personal injury, 25% Car accident, and more.

    Cost
    Free Consultation
    Some lawyers offer a free consultation to help determine whether their services are right for your legal needs
    60 minutes

    License
    CA, Active since 1996

  • Sanaz Sarah Bereliani

    Bereliani Law Firm
    12100 Wilshire Blvd, 8th Floor, Los Angeles, CA
    5.0 stars 96 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    Sanaz 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 Joseph Weintraub

    Weintraub Zolkin Talerico & Selth
    11766 Wilshire Boulevard, Suite 1170, Los Angeles, CA
    5.0 stars 11 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    Daniel 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 A Moher

    Moher Law Group
    10507 W Pico Blvd, Los Angeles, CA
    5.0 stars 23 reviews
    Avvo Rating: 9.2  
    Bankruptcy and debt Lawyer Licensed
    After 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 Lee Huestis

    W Legal PC
    3435 Wilshire Blvd., #1100, Los Angeles, CA
    4.5 stars 12 reviews
    Avvo Rating: 8.6  
    Bankruptcy and debt Lawyer Licensed
    Review: “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 Scott Hyndman

    Investor Defense Law LLP
    Union Bank Plaza, 445 S. Figueroa St., Suite 3100, Los Angeles, CA
    4.5 stars 11 reviews
    Avvo Rating: 8.9  
    Bankruptcy and debt Lawyer Licensed
    I represent creditors in bankruptcy cases.
  • Gary Russell Wallace

    10801 National Boulevard, Suite 100, Los Angeles, CA
    5.0 stars 7 reviews
    Avvo Rating: 8.2  
    Bankruptcy and debt Lawyer Licensed
    Review: “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

    Law Office of Michael Salanick
    700 S. Flower Street, Suite 1000, Los Angeles, CA
    5.0 stars 53 reviews
    Avvo Rating: 9.5  
    Bankruptcy and debt Lawyer Licensed
    The 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 Frank Chekian

    Open for business
    Open for business

    Attorneys 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 Consultation

    Attorneys 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, CA
    5.0 stars 32 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    File bankruptcy, settle, or fight the lawsuit? Need help with student loans; Free Consultation.

    Practice area
    2% Bankruptcy and debt, 45% Chapter 7 bankruptcy, 20% Chapter 13 bankruptcy, and more.

    Cost
    Free Consultation
    Some lawyers offer a free consultation to help determine whether their services are right for your legal needs
    20 minutes

    License
    CA, Active since 1993

  • James Richard Selth

    Weintraub & Selth, APC
    11766 Wilshire Boulevard, Suite 450, Los Angeles, CA
    5.0 stars 2 reviews
    Avvo Rating: 7.8  
    Bankruptcy and debt Lawyer Licensed
    James 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 Nathan Wishman

    Bayer Wishman & Leotta
    1055 Wilshire Blvd #1900, Los Angeles, CA
    5.0 stars 28 reviews
    Avvo Rating: 10  
    Bankruptcy and debt Lawyer Licensed
    We 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.

Additional Resources

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Nearby Courthouses

Bellflower Courthouse
Superior Court, 10025 East Flower Street
Bellflower, CA 90706
562-345-3300Court Website | Get Directions

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