San Francisco Attorney

What can Thomas Hogan, San Francisco Bankruptcy Lawyer do for me?

Bankruptcy law is a federal process in which debtors eliminate or reduce their debt in order to gain a ‘fresh start’ when their financial situation is in danger. Title 11 of the US Code provides a system of courts and laws which allows debtors to place their financial predicaments under the control of the bankruptcy court. Bankruptcy court is a specialized court which only deals with bankruptcy concerns. The most common types of bankruptcies are Chapter 7, Chapter 11, and Chapter 13. It takes an experienced San Francisco Bankruptcy Lawyer to determine which of your debts is dischargeable. Give us a phone call (415) 727-9001

What happens when I file a Chapter 7 under the bankruptcy law?

Chapter 7 is recognized as the Liquidation chapter of the bankruptcy law. You will need to provide information such as assets and liabilities, income and expenditures, and a list of creditors. Once your financial situation compared to your debt situation has been assessed, certain steps will be taken to free you from either all or most of your debt. Certain exemption laws are set in place to help protect your assets; therefore liquidation of your assets is frequently unnecessary.

What happens when I file a Chapter 11 with a San Francisco bankruptcy lawyer?

Chapter 11 is identified as the Reorganization chapter of the bankruptcy law. A San Francisco Bankruptcy Lawyer can help you figure out a plan of reorganization to keep your business alive and pay creditors over a period of time. Filing for a Chapter 11 can be voluntary and other times it is involuntary, meaning it is filed by creditors who meet specific requirements. A disclosure statement containing assets and liabilities, business expenditures and affairs and a reorganization plan must be submitted. Under a Chapter 11, you are allowed to manage your business, but major decisions must be passed through the bankruptcy court. Talk with a San Francisco Bankruptcy Attorney today.

Please call for a free half-hour consultation with one of our San Francisco Bankruptcy Lawyers at (415) 727-9001 to setup an appointment in our easy to find office, which is open from 8:00am to 6:00pm. If you prefer an appointment on the weekend, simply give us a call and we will schedule you a convenient time. We are always flexible with your schedule and we will make sure you get your problems resolved. We have experts that will help you file for bankruptcy under Federal Bankruptcy Law.