Bankruptcy Help for Business and Individuals

Bankruptcy Overview

by | Oct 15, 2019 | Bankruptcy Articles

Many individuals in the current economic climate are facing crushing debt that feels impossible to handle. Even in the best of times, circumstances beyond our control, such as accidents, illness, or an unexpected business failure can put one in a very difficult financial position.
Consequently, the Founding Fathers included a provision in the U.S. Constitution to allows people to get a fresh start through bankruptcy.

Bankruptcy is a federal court process created to help individuals and businesses deal with their debt, either through liquidation or reorganization, under the protection of the Bankruptcy Court. While there are many chapters in the bankruptcy code, the most common bankruptcy sections for individuals are Chapters 7 and 13.

Everyone does not qualify to file a Chapter 7 or 13 bankruptcy, so contact Hallstrom, Klein & Ward LLP at (949) 450-8500 today for your FREE consultation.
Grant and his team have always been responsive, helpful and most importantly understanding of the situations we presented to him for help. It’s been a wonderful relationship and I highly recommend Hallstrom Klein & Ward LLP.

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