Practice Area Overview
Orange County and Los Angeles Bankruptcy Lawyer
At the Law Offices of Cynthia L. Gibson, in Los Angeles and Seal Beach, California, we focus on helping individuals get a fresh financial start by filing for personal bankruptcy under Chapters 7 and Chapter 13 of the Federal Bankruptcy Code. If you are facing serious personal financial problems, experiencing harassing phone calls and letters, receiving threats of lawsuits, repossession and garnishment, or are concerned about mortgage foreclosure, you need an experienced California personal bankruptcy attorney.
Contact us at the Law Offices of Cynthia L. Gibson to discuss your options. We are here to help.
The following are the types of personal and business bankruptcy filings that our firm confidently handles:
Chapter 7 allows one to eliminate most forms of unsecured debt, such as credit cards, medical bills, personal loans and in some specific cases taxes. Chapter 7 is a way for you to begin reestablishing your credit by reducing your debt to income ratio. With little or no remaining debt, lenders may feel that you will be better able to repay you debts in the future. Please contact us, to discuss your options, and get a fresh financial start.
Chapter 13 is a debt repayment plan through which one consolidates debts over a three-to-five year period. The creditors cannot collect from the debtor during the term of the plan. Debts that are generally consolidated in a Chapter 13 are mortgage arrears, balances on vehicle loans, student loans, credit card debts, taxes and other unsecured debts.
If you are a business owner and experiencing serious financial problems, the bankruptcy laws give you alternatives. To determine which choices are in your best interest, contact a skilled small business bankruptcy lawyer.
Chapter 7 bankruptcy is one alternative for small business owners. The main benefit of a Chapter 7 bankruptcy is that you are automatically protected from creditor action while the business dissolves.
Discharging Tax Debt Through Bankruptcy
Certain kinds of tax debt can be discharged through Chapter 7 or Chapter 13 bankruptcy. If you owe income tax, payroll tax, or sales tax, we can evaluate your situation and determine if your tax debt can be discharged through bankruptcy. Even if a complete discharge of the debt is not possible, we may still be able to negotiate lower interest rates and the reduction or forgiveness of penalties.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
If you are looking for an experienced bankruptcy lawyer in Orange and Los Angeles County who will listen to you, answer all your questions, and help you make more informed decisions about your financial future, contact our bankruptcy lawyer, Cynthia L. Gibson immediately to make an appointment. We offer a FREE INITIAL CONSULTATION.
