(818) 918-5215
·
info@teninalaw.com
·
Mon - Fri 09:30am-6:00pm
(818) 918-5215
·
info@teninalaw.com
·
Mon - Fri 09:30am-6:00pm

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy

We become your trusted advisors and provide personal approach to law.

A better name for Chapter 7 is the “Fresh Start” Bankruptcy. The reason is that a Chapter 7 Bankruptcy can wipe out the most common unsecured debts such as credit cards, medical bills, personal loans and all other debts which are not ‘secured’ against some collateral.

The biggest concern for all individuals filing Bankruptcy is the impact it will have on their assets and belongings. The biggest ‘myth’ regarding Chapter 7 is that you will be forced to sell all of your assets during the process. This is simply not true in most cases. Chapter 7 bankruptcies can get you your fresh start while maintaining your existing assets.

The biggest factor in determining whether or not you qualify to file a Chapter 7 is based on your income. In order to be eligible to file, your income must be below the ‘median income’ for your state. The ‘median income’ amount increases as your family size increases. The process of determining if you qualify is also known as the ‘means test’. As of 2016, for example, the yearly state median income for a one person household in California is $50,579 and $81,837 for a four person household.

Let us help you!

If you need any helps, please feel free to contact us. We will get back to you with in 1 business day. Or if in hurry, just call us now.

Call :
213-596-0265

info@teninalaw.com Mon – Fri 09:30-18:00

what we are expert at

Why Clients Choose Us?

At Tenina Law we have over 20 years of experience and dedication to serving our clients. Our extensive expertise in these practice areas guarantees the best outcome for all of our clients!

Each of our clients are treated like family and just another case. Our personal approach leads to better results for the client.

Free Consultation

Law is complicate matter. It can cause you a big problem
if you ignore it. Let us help you!
$995 Bankruptcy Promotion

Tenina Law is offering a special promotion to certain low-income and/or low-debt clients.  If you qualify for the promotion, a chapter 7 bankruptcy will cost you only $995 plus the court filing fee.  This is one of the lowest prices you will be able to find in Los Angeles county.