Chapter 13 was designed to stop foreclosure, repossession, wage garnishments, lawsuits, and creditor harassment.
Chapter 13 bankruptcy works with the courts to consolidate, prioritize, repay; and, in some cases, reduce or eliminate old debts and junior mortgage liens.
This type of bankruptcy allows you to make one lower, interest-free monthly payment to a trustee. In turn, the trustee prioritizes your debts and deals directly with your creditors.
Unlike Chapter 7 bankruptcy, which specifies people who are qualified to file, most are allowed to file bankruptcy under Chapter 13. Allow us to answer your questions and discuss the ways we can help you get back on the road to financial freedom. Call the Law Offices of David V. Luu to schedule your free bankruptcy case consultation.
About Me
- Law Offices David V. Luu
- Our Attorneys are Accessible to Clients At the Law Offices of David V. Luu, we believe that a law firm should provide clients access to their attorney from start to finish. We offer the personal attention of an attorney to our clients, never an assistant, paralegal or secretary. We offer direct communication with an attorney to provide clients updates on the status of litigation, thereby focusing our efforts to achieving results for individuals and businesses throughout Santa Ana, California, and the neighboring Orange County cities. We recognize that clients are often unfamiliar with the law and will need an attorney to guide them through the legal arena, whether in the Santa Ana Bankruptcy Court or Orange County Superior Court. For this reason, it is our philosophy to timely respond to clients' inquiries, and to periodically evaluate our strategy in accordance with each client's specific legal and financial objectives.
Thursday, October 21, 2010
Is a Chapter 13 Bankruptcy Right for Me?
· Are you behind on paying your bills and are looking for extra time to
repay them?
· Are you facing a foreclosure and want to keep your home?
· Are you facing car repossession and want to keep your cars?
· Do you have debt that is the result of a temporary financial setback,
like a job loss, injury or illness?
· Do you have regular income so you can make the lower, interest-free
monthly payment required under Chapter 13?
If you answered yes to any of these questions, it is time to consider whether filing a Chapter 13 bankruptcy is right for you.
repay them?
· Are you facing a foreclosure and want to keep your home?
· Are you facing car repossession and want to keep your cars?
· Do you have debt that is the result of a temporary financial setback,
like a job loss, injury or illness?
· Do you have regular income so you can make the lower, interest-free
monthly payment required under Chapter 13?
If you answered yes to any of these questions, it is time to consider whether filing a Chapter 13 bankruptcy is right for you.
Chapter 7 Bankruptcy Was Designed to Wipe Out Certain Types of Debt
For people overwhelmed by debt who are losing financial stability, a Chapter 7 bankruptcy offers relief to recover balance. Chapter 7 bankruptcy was designed to discharge, or wipe out, unsecured debt, including:
· Credit Cards
· Medical Bills
· Payday Loans
· Some Personal Loans
· Utility Bills
Learn how a Chapter 7 bankruptcy can help you begin the rebuilding process, take back control, and reclaim your life. Call our office to schedule your free bankruptcy case consultation.
· Credit Cards
· Medical Bills
· Payday Loans
· Some Personal Loans
· Utility Bills
Learn how a Chapter 7 bankruptcy can help you begin the rebuilding process, take back control, and reclaim your life. Call our office to schedule your free bankruptcy case consultation.
Filing Bankruptcy Under Chapter 7
Filing Chapter 7 bankruptcy will generally include the protections of the Automatic Stay and Chapter 7 exemptions, which can help you protect your home, car, wages and other important belongings from creditors, and may prevent foreclosure.
Often, a Chapter 7 bankruptcy will most benefit people who:
· Owe on medical bills and credit card debt.
Bankruptcy is designed to completely wipe out unsecured debts like credit
card and medical bills. Typically, it works quickly, meaning you don't
have to wait years to wipe the slate clean.
· Do not own much property.
Chapter 7 property protections will vary according to state and/or federal
exemption laws. However, generally speaking, a Chapter 7 offers less
protection for your property than Chapter 13 bankruptcy. But, Chapter 7
exemptions may allow you to keep your home, car, and other valuable
possessions such as tools of your trade, furniture, clothes, appliances,
photos and books.
· Do not have much income.
To qualify for Chapter 7 bankruptcy, you must pass the means test. We
can help you with this test by discussing your income and debts and
evaluating your financial situation against the state income median.
Often, a Chapter 7 bankruptcy will most benefit people who:
· Owe on medical bills and credit card debt.
Bankruptcy is designed to completely wipe out unsecured debts like credit
card and medical bills. Typically, it works quickly, meaning you don't
have to wait years to wipe the slate clean.
· Do not own much property.
Chapter 7 property protections will vary according to state and/or federal
exemption laws. However, generally speaking, a Chapter 7 offers less
protection for your property than Chapter 13 bankruptcy. But, Chapter 7
exemptions may allow you to keep your home, car, and other valuable
possessions such as tools of your trade, furniture, clothes, appliances,
photos and books.
· Do not have much income.
To qualify for Chapter 7 bankruptcy, you must pass the means test. We
can help you with this test by discussing your income and debts and
evaluating your financial situation against the state income median.
What the Bankruptcy Automatic Stay will generally do?
· Stop Foreclosure
· Stop Creditor Harassment
· Stop Lawsuits
· Stop Wage Garnishments
· Stop Creditor Harassment
· Stop Lawsuits
· Stop Wage Garnishments
Could Filing Bankruptcy Help?
Ask yourself the following questions:
· Am I in over my head in payday loan?
· Am I having trouble paying bills?
· Do I have a lot of medical bills?
· Am I having trouble paying for living expenses?
· Have I recently lost income?
· Do I owe a lot in credit card debt?
If you answered yes to any of these questions, you’re sure to benefit from our free consultation on whether filing Chapter 7 or Chapter 13 bankruptcy is the best solution to your financial problems.
· Am I in over my head in payday loan?
· Am I having trouble paying bills?
· Do I have a lot of medical bills?
· Am I having trouble paying for living expenses?
· Have I recently lost income?
· Do I owe a lot in credit card debt?
If you answered yes to any of these questions, you’re sure to benefit from our free consultation on whether filing Chapter 7 or Chapter 13 bankruptcy is the best solution to your financial problems.
Wednesday, October 20, 2010
Bankruptcy Attorney-Ch. 7 $799 (Start your petition with $200)
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Chapter 7 $799*(includes Attorney Fee, 341(a) Meeting, and credit report. Start your petition with $200
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
• Are you in over your head in payday loans?
• Are you experiencing trouble paying bills?
• Do you have a lot of medical bills?
• Are you having trouble paying for living expenses?
• Do you owe a lot in credit card debt?
• Have you recently lost income?
If you answered yes to any of these questions, you’re sure to benefit from our free consultation on whether filing Chapter 7 or
Chapter 13 bankruptcy, which has helped millions resolve their debts and protect their property, is also the suitable solution
for you. At this time, we have a promotional offer that can help you through the bad financial climate and begin a new life!
What the Bankruptcy Automatic Stay will do:
• Stop Foreclosure
• Stop Creditor Harassment
• Stop Lawsuits
• Stop Wage Garnishments
What is the Difference between a Chapter 7 and Chapter 13 Bankruptcy?
We offer relief to those overwhelmed by debt and losing ground. Begin the rebuilding process, take back control, and reclaim your life.
Call the Law Offices of David V. Luu at (714) 697-8600 to schedule your free, no cost, initial consultation. Let us help you find new financial
freedom on whether you qualify to file, and if Chapter 7 or Chapter 13 is a good fit for you so you can enjoy a “fresh start.”
Law Offices of David V. Luu
930 W. 17th Street
Suite B
Santa Ana, CA 92706
T: (714) 697-8600
F: (714) 835-5898
www.luu-law.com
Chapter 7 $799*(includes Attorney Fee, 341(a) Meeting, and credit report. Start your petition with $200
and choose from our flexible payment plans) + $299 for Chapter 7 court filing fee
*Additional fees may apply if you are filing:
- On an emergency basis;
- Live outside Orange County;
- Have more than 15 creditors; or,
- Are married and must file a joint petition.
There is absolutely no risk on your part. Just bring in this special offer and take advantage of our reasonable fee
so that we may help you eliminate your debts.
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
• Are you in over your head in payday loans?
• Are you experiencing trouble paying bills?
• Do you have a lot of medical bills?
• Are you having trouble paying for living expenses?
• Do you owe a lot in credit card debt?
• Have you recently lost income?
If you answered yes to any of these questions, you’re sure to benefit from our free consultation on whether filing Chapter 7 or
Chapter 13 bankruptcy, which has helped millions resolve their debts and protect their property, is also the suitable solution
for you. At this time, we have a promotional offer that can help you through the bad financial climate and begin a new life!
What the Bankruptcy Automatic Stay will do:
• Stop Foreclosure
• Stop Creditor Harassment
• Stop Lawsuits
• Stop Wage Garnishments
What is the Difference between a Chapter 7 and Chapter 13 Bankruptcy?
| CHAPTER 7 BANKRUPTCY “Straight bankruptcy” involves liquidation of assets to repay debt | CHAPTER 13 BANKRUPTCY
“Debt readjustment,” involves financial reorganization of debt for an individual with regular income |
|---|---|
| Case when Chapter 7 is most common:
-You have little property other than the basic necessities like furniture and clothing. -You have little or no money left after paying basic and other expenses each month. | Cases when Chapter 13 is most common:
-You own a home or other property, which have significant equity that you want to keep. -You have regular income and can pay your living expenses, but you can’t keep up with the scheduled payments on your debts. |
| Benefits of Chapter 7:
- Most of your unsecured debts can be discharged (wiped out completely). - The process moves quickly—you may receive your discharge in just 5-6 months. - Creditors are prohibited by Federal law from contacting you while the automatic stay is in effect—or after your debts are discharged. | Benefits of Chapter 13:
-You can keep the majority of your assets while spreading out the time for you to pay past due accounts. -You will have between 3-5 years to catch up on any delinquent accounts according to a schedule that you and the bankruptcy trustee have agreed is feasible for you. -You will make one monthly plan payment to the bankruptcy trustee for distribution to your creditors—you'll have no direct contact with creditors during the protection period of 3-5 years. -Co-signers may be protected. |
| Are you qualified to file under Chapter 7?
Debtors who have qualified under the ‘means test’ and completed a required pre-filing session with a credit counselor may file for Chapter 7 bankruptcy protection. | Are you qualified to file under Chapter 13?
You may qualify if you are an individual debtor whose unsecured debts are below $360,475 and whose secured debts are less than $1,081,400. |
We offer relief to those overwhelmed by debt and losing ground. Begin the rebuilding process, take back control, and reclaim your life.
Call the Law Offices of David V. Luu at (714) 697-8600 to schedule your free, no cost, initial consultation. Let us help you find new financial
freedom on whether you qualify to file, and if Chapter 7 or Chapter 13 is a good fit for you so you can enjoy a “fresh start.”
Law Offices of David V. Luu
930 W. 17th Street
Suite B
Santa Ana, CA 92706
T: (714) 697-8600
F: (714) 835-5898
www.luu-law.com
Personal Injury Attorney in Santa Ana, California
Injury / Accident Attorney, aggressive (despite appearances), very experienced, honest, effective. Very impressive record in cases! No case too big!
Never afraid of going to trial, if the defendant's insurance company is trying to get away with offering you HALF NOTHING!!! (as they usually are based upon my experience working as panel counsel for several large insurance companies!... Nobody ever accused them of TRYING TO BE FAIR... that's not their job!... that's the court's job!... the insurance company's job is to keep as much of their money as they can, rather than pay it out in fair compensation to injured victims!!)
If you have been injured in an auto accident, call us, we handle automobile injury cases. Protect your rights and do not let the insurance company offer you less than full value for your claim. Get the compensation you deserve today.
-- You pay no fees unless there is a recovery
-- Call now to schedule your free consultation
We handle all different types of personal injury cases:
- Auto accidents
- Uninsured and underinsured motorist
- Dog bites
- Slip and fall accidents
- Medical malpractice
- Accidents involving pedestrians
Never afraid of going to trial, if the defendant's insurance company is trying to get away with offering you HALF NOTHING!!! (as they usually are based upon my experience working as panel counsel for several large insurance companies!... Nobody ever accused them of TRYING TO BE FAIR... that's not their job!... that's the court's job!... the insurance company's job is to keep as much of their money as they can, rather than pay it out in fair compensation to injured victims!!)
If you have been injured in an auto accident, call us, we handle automobile injury cases. Protect your rights and do not let the insurance company offer you less than full value for your claim. Get the compensation you deserve today.
-- You pay no fees unless there is a recovery
-- Call now to schedule your free consultation
We handle all different types of personal injury cases:
- Auto accidents
- Uninsured and underinsured motorist
- Dog bites
- Slip and fall accidents
- Medical malpractice
- Accidents involving pedestrians
Bankrutpcy Law
- Special Offer -
Chapter 7 $799*(includes Attorney Fee, 341(a) Meeting, and credit report. Start your petition with $200 and choose from our flexible payment plans) + $299 for Chapter 7 court filing fee
*Additional fees may apply if you are filing:
- On an emergency basis;
- Live outside Orange County;
- Have more than 15 creditors; or,
- Are married and must file a joint petition.
There is absolutely no risk on your part. Just bring in this special offer and take advantage of our reasonable fee so that we may help you eliminate your debts.
Orange County Bankruptcy Attorney in Santa Ana, California
"Let us help answer your questions and discuss the ways to get you back on the road to financial freedom. "
Bankruptcy has helped millions resolve their debts and protect their property.
In most cases, filing bankruptcy immediately stops all of your creditors from seeking to collect debts from you.
Chapter 7 is known as “liquidation" or “straight” bankruptcy.
Chapter 13 is called "debt adjustment" or "reorganization" that requires a debtor to file a plan to pay debts or parts of debts from current income.
We offer relief to those overwhelmed by debt and losing ground. Take back control, reclaim your life.
Chapter 7 $799*(includes Attorney Fee, 341(a) Meeting, and credit report. Start your petition with $200 and choose from our flexible payment plans) + $299 for Chapter 7 court filing fee
*Additional fees may apply if you are filing:
- On an emergency basis;
- Live outside Orange County;
- Have more than 15 creditors; or,
- Are married and must file a joint petition.
There is absolutely no risk on your part. Just bring in this special offer and take advantage of our reasonable fee so that we may help you eliminate your debts.
Orange County Bankruptcy Attorney in Santa Ana, California
"Let us help answer your questions and discuss the ways to get you back on the road to financial freedom. "
Bankruptcy has helped millions resolve their debts and protect their property.
In most cases, filing bankruptcy immediately stops all of your creditors from seeking to collect debts from you.
Chapter 7 is known as “liquidation" or “straight” bankruptcy.
Chapter 13 is called "debt adjustment" or "reorganization" that requires a debtor to file a plan to pay debts or parts of debts from current income.
We offer relief to those overwhelmed by debt and losing ground. Take back control, reclaim your life.
Business & Real Estate Attorney - Reasonable Rates
The Law Offices of David V. Luu is a solo-practice law firm in Santa Ana. Mr. Luu has worked at a law firm ranked
among the Top 50 in the Orange County. Now practicing on his own, Our firm provides a full range of real estate litigation
services to commercial and individual clients. We represent developers, owners, property managers, tenants, financial
institutions and investors in all types of disputes, such as:
=Business Litigation= (more info. http://www.luu-law.com/Business_Litigation.html)
- Unfair competition
- Fraud
- Breach of contract
- Trade secret
- Interference with business relations
- Consumer protection
- Infliction of emotional distress
- Defamation
=Real Estate Litigation= (more info. http://www.luu-law.com/Real_Estate.html)
- Breach of the warranty of habitability
- Land movement or landslides
- Homeowner and homeowner association (HOA) disputes
- Mold damage
- Failure to disclose known defects
- Nuisance or trespass
- Sale and purchase agreements
- Escrow agreements
- Loan documents
- Contract drafting and review
- Leasing issues and agreements
I have little doubt that whatever assistance your business needs, I can provide it in a cost-effective manner.
Contact Law Offices of David V. Luu today online or by telephone at (714) 697-8600 to speak with an experienced
Orange County attorney, or schedule an appointment for a free initial consultation in Santa Ana, California.
David V. Luu, Esq.
Law Offices of David V. Luu
930 W. 17th Street Suite B
Santa Ana, CA 92706
T: (714) 697-8600
F: (714) 835-5898
www.luu-law.com
among the Top 50 in the Orange County. Now practicing on his own, Our firm provides a full range of real estate litigation
services to commercial and individual clients. We represent developers, owners, property managers, tenants, financial
institutions and investors in all types of disputes, such as:
=Business Litigation= (more info. http://www.luu-law.com/Business_Litigation.html)
- Unfair competition
- Fraud
- Breach of contract
- Trade secret
- Interference with business relations
- Consumer protection
- Infliction of emotional distress
- Defamation
=Real Estate Litigation= (more info. http://www.luu-law.com/Real_Estate.html)
- Breach of the warranty of habitability
- Land movement or landslides
- Homeowner and homeowner association (HOA) disputes
- Mold damage
- Failure to disclose known defects
- Nuisance or trespass
- Sale and purchase agreements
- Escrow agreements
- Loan documents
- Contract drafting and review
- Leasing issues and agreements
I have little doubt that whatever assistance your business needs, I can provide it in a cost-effective manner.
Contact Law Offices of David V. Luu today online or by telephone at (714) 697-8600 to speak with an experienced
Orange County attorney, or schedule an appointment for a free initial consultation in Santa Ana, California.
David V. Luu, Esq.
Law Offices of David V. Luu
930 W. 17th Street Suite B
Santa Ana, CA 92706
T: (714) 697-8600
F: (714) 835-5898
www.luu-law.com
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