Los Angeles Bankruptcy Law Firm
Bankruptcy Law Firm of Jasmine Firooz
1605 West Olympic Blvd.
Suite 9021
Los Angeles, CA 90015
ph: (213) 251-8568
fax: (213) 251-8570
alt: (800) 925-1LAW
jasmine

An individual or a business who does not qualify for Chapter 7 bankruptcy, may qualify to file a Chapter 13 petition in the Bankruptcy Court, which allows individuals to pay their debts in a plan over three to five years with zero interest. Debtors may pay only a percentage of their debts and get a complete discharge at the end of the term of the plan, depending on the available disposable income after necessary living expenses, and the value of their non-exempt assets and personal property. Chapter 13 Bankruptcy is also helpful to individuals who want to save their house or other real property from foreclosure sale. Chapter 13 Bankruptcy allows individuals to resume their monthly mortgage payments and cure the default in the mortgage payment in a plan, through monthly payments spread over a three to five year period.
While you can only file Chapter 7 every 8 years, you can file a Chapter 13 bankruptcy even if you got a discharge in a Chapter 7 case filed at least 4 years ago. Under the amended Bankruptcy Code, you can file a second Chapter 13 within two years of filing a previous Chapter 13.

Contact the Los Angeles Bankruptcy Law Firm of Jasmine Firooz @
(213) 251-8568 or
(800) 925-1LAW
to schedule an appointment for a free consultation with a bankruptcy attorney
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Los Angeles bankruptcy law firm of Jasmine Firooz represents clients throughout Southern California, the San Fernando Valley, and downtown Los Angeles, including Beverly Hills, Sherman Oaks, West Hollywood, Burbank, Glendale, Hollywood, West Los Angeles, Torrance, Riverside, Santa Barbara, West Los Angeles, Palmdale, Lancaster, North Hollywood, Van Nuys, Woodland Hills, Palmdale, Lancaster, Antelope Valley, Norwalk, West Covina, Temecula, Gardena, Inglewood, East Los Angeles, Hemet, Palm Springs, Santa Monica, Studio City, Century City, San Bernardino, Woodland Hills, Ontario, Long Beach, South Bay, Reseda, Encino, Ventura, Oxnard,, Malibu, Huntington Park, Los Angeles County, Riverside County, San Bernardino County and Orange County, California
Copyright © 2000-2008
Bankruptcy Law Firm of
Jasmine Firooz
Bankruptcy Law Firm of Jasmine Firooz
1605 West Olympic Blvd.
Suite 9021
Los Angeles, CA 90015
ph: (213) 251-8568
fax: (213) 251-8570
alt: (800) 925-1LAW
jasmine