A Bankruptcy Attorney in Sherman Oaks can Provide a Better Future
No part of the bankruptcy process is easy. However, with Tenina Law by your side, bankruptcy can be less difficult. It doesn’t have to be an arduous process; rather it can be a new beginning, the start of the next phase of your life. Our full-service law firm can assist with choosing and filing the right option from three chapters available in Bankruptcy Code. three common bankruptcy chapters: Chapter 7, Chapter 13, and Chapter 11. We understand that you may be unsure which bankruptcy filing is right for you and your situation. A bankruptcy attorney in Sherman Oaks from our firm can help you to make the right decision, as well as answer any questions you might have.
A Bankruptcy Attorney in Sherman Oaks for Chapter 7
While the bankruptcy process is never easy, some have built it up to be more than it is in their minds. For example, a common misconception about Chapter 7 bankruptcy is that selling all of your belongings and assets is mandatory. In a sizable majority of filings, that is not the case. This bankruptcy often referred to by the nickname “Fresh Start,” can give you the opportunity to start your new life with your belongings and assets. Here at Tenina Law, we can help you through Chapter 7 bankruptcy, so that you no longer have to worry about personal loans, medical bills, credit cards, and other debts while hanging onto what’s yours.

Assistance Re-organizing Your Debt
In essence, that’s what Chapter 13 bankruptcy does: you can reorganize or restructure your debt, so as to cause the least amount of disruption in your life. Instead of facing exorbitant payments that you couldn’t possibly make, Chapter 13 allows you to pay off a portion of your debt over an extended period of time. That period of time, in fact, is often 36 to 60 months, so the payments can be spread out. Better still, these payments take your income and many other circumstances into account, so you may only have to make small monthly payments. This form of bankruptcy offers many benefits in addition to those payments: indeed it can be used to wipe out a second mortgage, restructure your car payment, stop foreclosure and save your home.
Help with All Kinds of Debt Limits
Chapter 11 bankruptcy is designed for corporate restructuring and an option for those individuals who have debt limits that exceed the maximum amount for Chapter 13. At Tenina Law, when it comes to bankruptcy, one of our goals is to make sure that you’re always in the right situation. We know how challenging bankruptcy can be, and how it’s a last resort. However, when you’re ready to take the next step towards a new beginning, call us for a free consultation at (213) 596-0265.