California businesses and consumers that have been negatively affected by COVID-19 and have found themselves in a financial hardship can file for Chapter 7 or Chapter 13 bankruptcy with Price Law Group. This horrible virus has spread across the nation, leaving many in financial ruins. With millions of Americans getting laid off from work, placed on indefinite unpaid leave, or being fired from their jobs, bankruptcy can be the only real solution to your financial struggle. Let us review your financial situation today and help you figure out if Chapter 7 or Chapter 13 bankruptcy is right for you.
With mandatory living expenses and the cost of living continuing to climb, many Americans were already living paycheck to paycheck even before the financial crisis brought about due to COVID-19. Now, millions of Americans are losing their jobs or having their hours and wages cut. Managing your debt along with collection calls, mandatory living expenses and other financial obligations can make it so individuals don’t know where to turn or where to start to get out of the financial hole that they are in now more than ever due to COVID-19.
Price Law Group will help you navigate the complex process of applying for and filing for Chapter 7 or Chapter 13 bankruptcy. We are bankruptcy attorneys who are prepared to help those with COVID-19 related bankruptcy filings. When it comes to starting the process for filing for bankruptcy, we are here to help. At Price Law Group, we know and understand the situation you are in and since 1991, we have helped California consumers and businesses apply for and file for Chapter 7 and Chapter 13 bankruptcy.
In Chapter 7 bankruptcy, you can get the immediate relief that you need from your outstanding debts without a repayment, but you must qualify for this type of bankruptcy. In Chapter 13 bankruptcy, all of your debts are organized into one repayment plan with that repayment spread over 3-5 years. The majority of your income is used to pay off this outstanding balance, while still leaving money aside for other mandatory financial expenses.
Contact Price Law Group today to start the filing process for your Chapter 7 bankruptcy due to COVID-19 or Chapter 13 bankruptcy. While bankruptcy isn’t for everyone, it can be the right solution to your financial struggle as a result of mounting financial obligations and the economic fallout from COVID-19.