If you are looking for a bankruptcy attorney in Los Angeles you have come to the right place. Wilson and Associates LLP, is a law firm located in the city of Los Angeles, California which specializes in real estate and bankruptcy. Here at Wilson and Associates, we represent both consumers and businesses in regard to bankruptcy manners.
It is highly advisable that you contact a Los Angeles bankruptcy attorney if you are experiencing financial difficulties that could threaten the loss of your home due to foreclosure or insolvency of your business. Wilson and Associates can aid you in preventing that from happening.
Bankruptcy can be a costly event for both debtors and creditors. Wilson is aware that creditors would rather work with debtors to avoid the costs of a bankruptcy. We are skilled in initiating negotiations to come up with an agreement that is in our client's best interests. If a suitable agreement cannot be reached, our firm will move forward with bankruptcy in whatever form is appropriate.
A Chapter 13 bankruptcy is commonly used to protect a homeowner's primary residence. This type of bankruptcy includes repayment of debt. Chapter 11 bankruptcy involves business reorganization and it protects the assets that are needed to keep the business going including commercial real estate. The third form of bankruptcy is Chapter 7 which involves liquidation. As a Los Angeles bankruptcy firm, Wilson and Associates will advise you which Chapter is best for you and represent you throughout the process.
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