Bankruptcy and Credit Card Debt
Helping People throughout Ventura and Los Angeles County
Do you have credit card debt? Are debt collectors harassing you? Do you want to know how to get rid of your debt? Have you been served with a summons and complaint or received a default judgment? Has a creditor filed a lawsuit against you?
The Ercolani Law Group is dedicated to assisting you in resolving your financial situation. We will provide you with straight answers to your credit card debt questions. We will analyze your situation and tell you your options, including whether you qualify for a Chapter 7 bankruptcy or a Chapter 13 bankruptcy. Bankruptcy is not for everyone, but is often the best option for some. For information about the benefits of retaining our services, please contact us today for a free consultation.
There are typically several solutions for credit card debt problems:
- Chapter 7 bankruptcy
- Chapter 13 bankruptcy
- Negotiate a debt settlement plan: We can work with credit card companies to reach a settlement between you and your creditors.
- Negotiate a debt consolidation plan: We can work with your lenders to establish one monthly payment.
The Bankruptcy Automatic Stay
One of the best ways to stop creditor harassment is to file for bankruptcy relief. In most cases, you will receive protection from harassing phone calls and letters through a special court order called an automatic stay. The stay means that creditors must stop their collection activities after your bankruptcy is filed. This is true whether you file for Chapter 7 bankruptcy or Chapter 13 bankruptcy. Regardless of the type of bankruptcy involved, phone calls, letters, and attempts to foreclose on or repossess property must stop.
Debt Consolidation Companies
There are debt consolidation and forgiveness companies that claim that they may be able to effectively negotiate credit card debt down or to compel credit card companies to lower interest rates or debt balances. The truth is, these companies are often powerless to provide customers with meaningful debt reduction and there are many scams by “debt consolidators” that prey on financially vulnerable individuals with false promises of debt relief. An experienced lawyer can effectively eliminate your debt or lower your payments through the use of bankruptcy law. Debt consolidators and settlement companies cannot force your creditors to do anything.
Contact Our Office Today – Learn More About Credit Card Debt Relief
Are you in need of a financial fresh start? We can help you seek total debt relief through Chapter 7 bankruptcy. Contact us today online or by phone at 805-338-6880 to speak with an experienced bankruptcy lawyer. We serve clients throughout California from our conveniently located law office in Westlake Village, centrally located between Woodland Hills, Simi Valley, and Oxnard / Ventura.