Protecting Your Assets Is Our Priority
Whether you are considering a Chapter 7, Chapter 11 or Chapter 13 bankruptcy, protecting what you have is almost as important as settling your obligations on what you owe.
At The Law Offices of Michael H. Raichelson, we protect our clients' assets within the legal limits using the tools of bankruptcy law and the courts.
For more information about our services, contact us in Woodland Hills, California, at 818-921-7306.
Stop a Ticking Clock — Stop Foreclosure in Los Angeles
Home foreclosure rates in the San Fernando Valley and elsewhere in California have skyrocketed. Job losses, predatory credit practices and unscrupulous mortgage lending have converged in a financial storm that has ravaged the lives of hundreds of thousands of Californians.
While bankruptcy cannot guarantee that you will be able to keep your house permanently, it can stop the ticking clock of foreclosure and provide breathing room to create a financial strategy.
By removing your obligation to pay credit card bills, a second mortgage or other potentially unsecured debts, a bankruptcy may free your finances enough that you can begin to keep up with your mortgage payment and give you a fresh start.
Even in the worst situation, a bankruptcy filing will stop a foreclosure for precious months while you find a new living situation.
Keep Your House — Keep Your Car
Like other U.S. states, California allows certain properties to be exempt from liquidation in a bankruptcy process. The values of many of these exemptions are capped under California law.
Nevertheless, items such as the equity in your home, car, household goods, retirement accounts and public benefits are to a large degree exempt from liquidation.
Please visit our "Bankruptcy Exemptions" page for more information about assets that are exempt from California bankruptcies.
You Deserve a Break — Secure the Financial Help You Need
Deciphering Federal and California bankruptcy laws and protecting your assets both require the assistance of an experienced Woodland Hills asset protection attorney. For a free consultation, call our lawyer at 818-921-7306.
We know how to get our clients get a discharge if they qualify. We have a high success rate for qualifying bankruptcies.
Spanish translation is available. Servicios de traducciones disponibles.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.










