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Woodland Hills Asset Protection Lawyer

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.

CLIENT TESTIMONIALS
  • I was in a really horrible place financially after the collapse of my business due to the economic recession. A friend referred me to the law offices of Michael Raichelson. At the very first meeting Mr. Raichelson put me at ease, assessed my situation and informed me that bankruptcy was the best option and told me he would guide me through the entire process. Everything went so smoothly and I'm so grateful to Michael and his staff for their support and successful resolution of my case. 'm now off to a brand new start and life! R.B
  • If you are going through a bankruptcy this is the attorney to use. He is a thorough, caring and most of all a patient attorney who knows how to get the job done with no surprises. I highly recommend him and would hire him again. N.K.
  • We are extremely satisfied with how Mike handled our case. After consulting with numerous lawyers about our bankruptcy filing, we picked Mike because he proposed a bankruptcy filing strategy for our situation that was most favorable to us than other's proposal. He is knowledgeable, professional, courteous, responsive and got the job done quickly. He completely looked after our best interest and delivered results as he had promised from the initial consultation.
    S.P.
    Manager, Employer Contracts
    HNCA
  • When my husband became permanently disabled and unable to work any longer we were devastated. We had bills, like every American does, that were not going to be able to be paid with the loss of income. When I found out that I was going to be laid off from my job we didn't know what we were going to do. After speaking to an attorney locally I was very discouraged and didn't think we were going to have any hope at all with our bills. I then looked online and found Michael Raichelson. My husband and I went to speak with him and boy did he put our mind at ease. We left his office feeling that there was hope and a way out. He was the biggest help in making us feel assured that all was going to be okay. The process was fast and painless and I believe this was due to the professionalism and good work of Michael and his firm. We were blessed to have found Michael and even further blessed to get the help we needed.
  • K and J
  • To Whom it May Concern:
  • As clients of Michael H. Raichelson, my wife and I are extremely pleased to recommend his services.
  • When we first met Michael, our situation was pretty grim. Health problems, unemployment, and a drastic drop in the value of our house had turned our lives upside down. We just couldn't pay our bills.
  • Credit counseling and our research on the internet made it clear that bankruptcy was inevitable. What wasn't clear was what bankruptcy would mean for us. We felt like we were being pushed over the edge and would lose everything. Fortunately, that's when we were referred to Michael.
  • Michael understood what we were going through. Due to his experience with the court where we had to file and his knowledge of current, real-world conditions with creditors and banks, he was able to explain exactly what would happen and when. After our first meeting, we felt like a tremendous physical weight had been lifted from our shoulders. We felt like we were in control of our lives again.
  • Today, everything has unfolded just as Michael had told us it would. We are debt free and enjoying a fresh start. We strongly urge anyone faced with bankruptcy to have Michael help them as he has helped us.
    Sincerely,
    R.F.D
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