A Firm Helping Clients Address Debt Issues And Build A Financially Stable Future
When you are facing crumbling finances and little means to rebuild your financial footing, the Law Offices of Danny K. Agai can step in and lend you a hand. Attorney Agai understands how difficult it can be to manage personal finances, especially when you may be juggling mortgages, student loans and other payments. However, you do not have to navigate difficult times alone. He is genuinely invested in helping clients out of their financial messes and has the years of experience to do it well.
It is possible to wipe away your debts and get on the path to a debt-free future. Everyone deserves financial freedom, and Mr. Agai and his team will do their best to help you obtain it. The firm also provides Spanish services for clients who need them.
Legal Advocacy And A Personal Commitment To Client Well-Being
In the face of accumulating debt, having an experienced lawyer by your side will help to alleviate at least some of your concerns. Hiring a lawyer is perhaps your best debt relief option, as an attorney provides a necessary legal edge to combat any potential lawsuits and a more human-based approach by building a legal strategy around your personal goals.
Mr. Agai is a legal advocate who has practiced bankruptcy law for more than a decade. Whichever debt relief method you pursue, he can provide important legal information from his experience in bankruptcy, tax debt relief, and protection from creditor harassment. He can also help you save your home from foreclosure with Chapter 13, prevent wage garnishments with Chapter 7, and help you settle your student debts.
One of Mr. Agai’s personal interests is financial planning, so he will also provide you with guidance outside the realm of bankruptcy by helping you build a plan for long-term financial success. He can advise you on:
- Tips for building your credit
- Basic budgeting practices
- How to start a retirement plan
- How to purchase real estate for long-term financial success
Few other firms offer these additional services, but Mr. Agai is committed to helping clients become debt-free and stay financially healthy in the future.
Seeking Relief Through Chapter 7 And Chapter 13 Consumer Bankruptcy
Filing for bankruptcy is one way for you to resolve your debts when you no longer have the strong financial standing to pay everything off. Individuals with a lower income who pass the “means test” may file Chapter 7. Otherwise, you might perhaps qualify for Chapter 13 instead, which allows individuals with a regular income to develop a repayment plan to pay off some or all their debts over 3-5 years. Note that you must be ready to prove to the court that you have a “steady income” enabling you to pay into a repayment plan.
The distinction between Chapter 7 and Chapter 13 is that Chapter 7 involves liquidation of your nonexempt assets to pay off your debts, while Chapter 13 is rooted in a three- to five-year repayment plan.
Chapter 7 and Chapter 13 bankruptcy petitions should include the following information:
- Schedules of assets and liabilities
- A schedule of current income and expenditures
- Property claimed as exempt under bankruptcy law (motor vehicles, pensions, reasonably necessary clothing and furniture)
- Property owned and money spent during the previous two years
- Property sold or given away during the previous two years
There are a couple of important benefits to filing for bankruptcy. After filing, the court will issue an “automatic stay” that stops most creditors from trying to collect from you through wage garnishments and also halts foreclosure activities. Mr. Agai will take a look at your financial situation to determine which bankruptcy plan is best for you. From pre-planning to filing to court hearings, he will make the bankruptcy process as stress-free as possible for you.
You May Have Alternative Debt Relief Options
Bankruptcy is not the only debt relief option. Alternatively, you can work with an attorney to develop a different plan that doesn’t involve filing for bankruptcy. While some might negotiate with creditors on their own or work with a debt settlement company, both of these methods are limited in scope and have low success rates. Legal representation can ensure that you have all your financial and legal bases covered to prevent future complications.
Attorney Agai can help you develop a thorough debt consolidation plan, for instance, and ensure your assets and property are protected under bankruptcy and debt protection laws. Although debt is a financial matter, it is nonetheless governed by the law, so only an attorney can provide the comprehensive counsel you need. Lawyers can also be especially helpful for tax debt situations, as tax debt involves complex tax laws that can be difficult for the average person to understand.
Contact The Firm Today For A Free Initial Consultation
Whatever bankruptcy or debt issue you are dealing with, the Law Offices of Danny K. Agai can help you. Mr. Agai is passionate about helping clients out of financial trouble, and he will also provide you with the educational resources for maintaining long-term financial stability even after wiping away your debts. The firm serves clients in North Hollywood and throughout the Los Angeles area. To schedule your initial consultation with an attorney who truly cares about you, call 818-867-3697 or submit an online contact form. Se habla español.
This firm is a debt relief agency. Attorney Danny Agai helps people file for relief under the Bankruptcy Code.