Riverside Bankruptcy Lawyer

California Bankruptcy

Californians are facing one of the higher unemployment rates in the country.  The financial and real estate markets have taken a dive.  To make the situation even more serious, many Californians are facing foreclosure on a home they bought believing that they could refinance.   Unfortunately the banks stopped lending, and thousands of individuals found themselves in a terrible position financially and facing the threat of losing their homes.  Some people unexpectedly lost their jobs when they had credit card debt, car payments and other obligations to pay.  Most people want to honor their agreements, and the stress of creditor calls can make life really difficult.  If you are facing one of these situations, it is vital that you contact a Riverside bankruptcy attorney to discuss your options.

Riverside Bankruptcy Attorney J. Arthur Roberts

Bankruptcy filings take place in Federal Court.  The laws regarding this process are federal laws and as such offer protection for the individual.  When one cannot pay one’s debts, and owes more than they have, this is termed “bankruptcy”.   Certain variations do occur state to state, for example, in California one cannot discharge certain debts in a bankruptcy including child support, alimony, student loans and certain taxes.  Generally the codes are set up to be fairly uniform across the USA.  What you can keep of your assets is also determined by California law.  Depending on the current value of your car and house, these things are determined based on a formula.  The law is set up so that the individual can back on their feet.

The laws change from time to time and any attorney working with you on a bankruptcy should be completely up-to-date on all bankruptcy laws and any recent changes.  At the Law Offices of J. Arthur Roberts, the attorneys are highly qualified and experienced in all aspects of bankruptcies, as well as loan modifications, foreclosure defense and other types of debt-related defensive legal actions.  The attorneys understand the situation that you are in and are dedicated to helping you solve it.

Contact a Riverside Bankruptcy Attorney from the Law Offices of J. Arthur Roberts to discuss your case and get exceptional legal assistance in bankruptcy filings.