Take the first step to finding the financial freedom that everyone deserves with the help of Attorney Danny Agai.
When you are dealing with 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. We understand 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; our firm is genuinely invested in helping our clients out of their financial messes and has the years of experience to do it well.
We help clients with the following bankruptcy matters:
Let us help you wipe away your debts and take the first step toward a debt-free future today. Everyone deserves financial freedom, and we will do our best to help you obtain it. We also provide bilingual Spanish services for clients who need them.
Our Services and Goals
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.
Our bankruptcy attorney is a well-rounded advocate with nearly a decade of experience in the debt relief sector. Whichever debt relief method you pursue with the guidance of Attorney Danny Agai, he can provide important legal information from his experience in bankruptcy, tax debt relief, and protection from creditor harassment. We 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 Attorney Danny 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, such as:
- tips for building your credit;
- basic budgeting practices;
- how to start a retirement plan;
- how to purchase real estate for long-term financial success.
Filing for Bankruptcy – Chapter 7 and Chapter 13
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 non-exempt assets to pay off your debts, while Chapter 13 is rooted in a 3-5-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 they claim is exempt under bankruptcy law (motor vehicles, pensions, reasonably necessary clothing and furniture);
- property they owned and money spent during the previous 2 years;
- property sold or given away during the previous 2 years.
There are a couple of important benefits to filing for bankruptcy. Chapter 7 will issue an “automatic stay” that stops most creditors from trying to collect from you through wage garnishments; Chapter 13’s automatic stay will save your home from foreclosure.
Our firm can take a look at your financial situation to determine which bankruptcy plan is best for you and how to proceed successfully. From pre-planning to filing to court hearings, we will make the bankruptcy process as stress-free as possible for you.
Your 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 Danny Agai can help you develop a well-rounded 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 only an attorney is as deeply familiar with.
Whatever bankruptcy or debt issue you are dealing with in North Hollywood, CA, the Law Offices of Danny K. Agai can help you. We are passionate about helping clients out of financial trouble, and we will also provide you with the educational resources for maintaining long-term financial stability even after wiping away your debts.