Wadhwani & Shanfeld’s mantra is "professional service with a personal touch", and every case is handled by a lawyer who is readily available to discuss various concerns clients might have while their case is pending.
Sherman Oaks, CA (PRWEB) May 31, 2012
Wadhwani & Shanfeld, APLC proudly announces that the firm is in the process of expanding its services areas. People living there can now be serviced in any of the firm’s offices, including Ontario and Long Beach. Other offices are conveniently located in Orange County, Irvine, Costa Mesa, Sherman Oaks and Santa Ana.
Wadhwani & Shanfeld bankruptcy attorneys is a law firm that has succeeded for many years in helping clients gain financial freedom with the assistance of a bankruptcy attorney. The firm ensures that clients have all the information they need in deciding whether bankruptcy is the right course of action for them to take. With this in mind, W&S offers them a free consultation with an experienced bankruptcy lawyer in Los Angeles who provides a detailed analysis of how the process would apply in their particular situation. Clients are free to ask questions and have all of their options outlined for them as well.
W&S’ mantra is "professional service with a personal touch," and every case is handled by a lawyer who is readily available to discuss various concerns clients might have when their case is pending, or the way in which the are being represented. In the course of their bankruptcy proceeding, clients are carefully guided through every decision they have to make that affects their future.
With Chapter 7 bankruptcy, which is a court-supervised process, all of the client’s debts are discharged and he or she has a fresh start in regard to financial matters. This process is used in discharging most debts, such as medical bill debt, credit card debt, judgments related to lawsuits and deficiency judgments from home foreclosures or repossessed vehicles.
Chapter 7 bankruptcy extinguishes all of the client’s unsecured debt, including those mentioned above, and any secured debt if the client is willing to forego the collateral that was previously pledged. Creditors have no direct recourse in regard to unsecured debt in such cases.
With Chapter 13 bankruptcy, a client’s debt is reorganized rather than extinguished, and a payment plan is created. In some cases, this may be the most viable option, and a W&S attorney reviews the clients’ entire financial situation, including income, the nature of the debt, and their personal goals. All of this is done to determine if Chapter 13 is best solution for them to pursue.