Are you ready to be debt free? find out if bankruptcy is right for you contact us for a free consultation low flexible fees
FREE CASE EVALUATION
When debt threatens to take over your life, where can you turn for help? Divorce, a car accident, or an unexpected job loss can create an overwhelming financial burden that may lead to repossession of your car, garnishing of your wages, or loss of your home. You are also at risk of being sued by creditors to collect what they are owed.
In some cases, the best solution to rebuild personal or business finances is to file for bankruptcy. You may be able to eliminate credit card debt, medical bills, and and personal loans. Filing for bankruptcy can stop a creditor’s lawsuit, the garnishment of wages, foreclosure of the family home and repossession of your car.
Korompis Law is a federally designated Debt Relief Agency. Our experienced attorneys help our clients examine their financial situation, inform them of the risks, and choose the best solution for a financial fresh start
Keep your home, vehicles and retirement accounts
Stop foreclosure, creditor harassment and wage garnishment
Eliminate debt, and restructure mortgages and loans
No Office or Court Visits Needed
During your initial in-person, phone or video consultation, we will spend whatever time is necessary to discuss your unique case, providing immediate feedback and a preliminary estimate of fees and payment options.
Next, simply send us your relevant documents electronically. It usually takes just a few days for us to complete your petition, but in emergencies we can react in hours.
Finally, you will review and sign your bankruptcy petition. Once signed, we will file your case virtually with the court.
The decision to file for bankruptcy can be a difficult one, but Korompis Law is here for our clients every step of the way.
Korompis Law serves the Pasadena area. Contact us to find out if debt relief under Title 11 of the United States Code (the “Bankruptcy Code”) can help improve your financial situation.
CALL FOR A FREE INITIAL CONSULTATION
Nancy is the best! I have worked with her for years and she has helped so many get a fresh start. Truly cares about her clients and always available.
If there were 100 stars I’d click them all! I’ve consulted with many lawyers before I found Upright Law and I have to say, I ended up with quotes that were ridiculously high. Here, the fee, yes, one singe fee finalizes the entire process; and there are no hidden fees…
Trail is closed to the city , great trail for nice workout while taking in the sunshine and scenic views , trail is clean too!!
Nancy is the best! I have worked with her for years and she has helped so many get a fresh start. Truly cares about her clients and always available.
I contacted Nancy a few months ago and was very impressed with her. She was extremely knowledgeable and affordable. She helped our family with a personal bankruptcy issue that was a bit complicated. I highly recommend Korompis Law Offices
What is chapter 7 Bankruptcy fresh start Bankruptcy?
“Fresh Start” bankruptcy, chapter 7 allows a person to eliminate most or all of his debt while being allowed to keep whatever property he may have. Allows unsecured debt such as medical bills, personal loans and most credit card charges to be easily eliminated. In many cases, a person may keep their home or car (secured debt), provided that they continue to make current payments and are up to date on the loan.
Must I appear before a Chapter 7 Bankruptcy Trustee to be examined under oath?
Yes. If you fail to appear, your case will be dismissed. At your appearance, you want to be truthful, yet you do not want to expound upon answers if they can be simply answered with a yes or a no. The trustee’s job is to determine whether or not there are any nonexempt assets that could be administered for the benefit of creditors. In 99% of Chapter 7 bankruptcy cases, there are no assets available for the unsecured creditors.
When would someone want to file Chapter 13 bankruptcy?
Chapter 13 is a form of bankruptcy protection whereby a person reorganizes his debt, by paying through a Chapter 13 Trustee all of his disposable income over a three to five year period of time. In many cases, creditors will receive less than a 100% repayment on their debt. To qualify for Chapter 13 bankruptcy, you first must be an individual. Further, you must have monthly income which exceeds your monthly expenses in order to fund a plan.
What is the number one reason to file a Chapter 13 bankruptcy?
It is to save a home that’s in foreclosure. Chapter 13 will allow you to repay the mortgage arrearage, the part that you fell behind, over the next 3 to 5 years while being allowed to make your regular mortgage payment on time once again. What happens in many situations is someone will fall behind on their home and they won’t have the ability to catch up with one lump sum payment. However, by filing Chapter 13, the homeowner can dictate to the mortgage company how the mortgage arrearages are going to be paid back over a lengthy period of time.
