The Law Offices of Soheila Azizi & Associates, P.C.

Bankruptcy

Overview
Bankruptcy is a generalized term for a federal court procedure that helps consumers get rid of their debt and repay their creditors.

The court can protect you during your bankruptcy proceeding if you can prove that you are entitles to it. In general, bankruptcies can be categorized into two types– liquidations, and reorganizations.

Chapter 7 bankruptcy is one of the most common to file for both individuals and businesses. Chapter 7 normally fall under the liquidation category. That means that if you own property that will usually be used to pay back your debts. These proceedings can act from three to six months.

Both individuals and businesses can file for Chapter 7 bankruptcy. If a business files it is called business chapter 7. If an individual files its called a consumer Chapter 7.

Eligibility

Before you file for Chapter 7 bankruptcy you must be able to show you eligible to file. To be eligible you cannot make enough money to fund your chapter 13 bankruptcy repayment.

Liquidation of Property
In a Chapter 7 bankruptcy proceeding some of your property will be seized and sold to pay off some or all of your debt. However, there is a benefit to this type of proceeding any insecure debt will be wiped out (debts that are not guaranteed by collateral). There is certain property that cannot be sold in order to pay off your debts. The property is defined by federal law and include things like furniture in your home, your car and clothes. People who file Chapter 7 bankruptcy are surprised with all the property they get to actually keep.
Secured Debt
In a Chapter 7 bankruptcy proceeding you have to make a choice between allowing the creditor to repossess the property thats secures the debt, continuing to make payments on your debt to the creditor, or paying the creditor a sum equal to the replacement value of the property that secures the debt. Some types of a secured debt can be wiped out during a Chapter 7 bankruptcy proceeding.
Our Team Is Ready To Help
When you want sound, authoritative legal advice and effective and zealous representation to help protect your interests, the Law Office of Soheila Azizi & Associates, P.C. is ready to help.
Contact Us
10213 Foothill Blvd.
Rancho Cucamonga, CA 91730

(909) 484-9992

Mon - Thu 8:30 am - 5:00 pm
Friday 8:30am - 4:00pm


We are available 24/7 to assist you virtually.

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At the Law Offices of Soheila Azizi & Associates, P.C., our Chapter 7 Bankruptcy lawyers are committed to delivering aggressive and creative debt solutions at affordable fees.

Bankruptcy Client
Intake Form

  • If they were used in the last 3 months you will need to make the monthly payments for those months that were used, before we can file the bankruptcy.

*** Please note that you will be required to provide a copy of your last two years of tax returns. Our office will contact you to with more details after we receive your form submission.


Customer Reviews

The Law Office Of Soheila Azizi & Associates, P.C.

Customer Reviews

Adrianne Fernandez 3/11/2021

Google
Beyond impressed! I had been self represented through years of family law and child support court hearings and was so hesitant to hire an attorney out of fear and trusting that they would appropriately represent myself and child. After tons of research I contacted Ms. Azizi. I immediately was greeted by Lorenzo, the Office Administrator, who made me feel so welcomed and comfortable. He assisted in making communication seamless and effortless and walked me through each step of the process. Ms. Azizi heard my concerns and was extremely sensitive to the matter of FAMILY. The team did an amazing job with discovery and building a strong case that gave me confidence and I was successful in coming to an agreement with the other party, in what has yet to have been the easiest hearing of all, thanks to them. Ms. Azizi settled my case after years of stress and agony. I am grateful for finding the team and Ms. Azizi and definitely recommend them for any of your legal needs!

Linda P 6/19/2020

Yelp
This law firm is the best! They have helped me so much with my Divorce and Criminal cases and I really wouldn't know what to do if I didn't have them to represent me. Lorenzo and Ro are awesome and are there to help at all times. My attorney was Mr.Edmondson and he has been amazing. This law firm is truly great and I will never go to any other one. Their responses are quick and will answer any questions you might have.

Diana H. 05/01/2021

yelp
Seven stars. I had planned to put up my reviews after my final judgment but after the first hearing, couldn't wait, and I would write this whatever the outcome of my difficult case. Soheila was simply amazing in her arguments and strategy before the judge. I felt so taken care of. I chose her for her near-30 years of experience as an attorney, the depth and strength I observed in one who had weathered hardship through her many accomplishments, her compassion, and her smarts. I can't imagine what other attorney would have Zoomed with me even in sickness to help prepare me for a legal session. And I later saw how keen she'd been in her advice. I've been deeply touched watching Soheila and her paralegal Lynda Walker fight for my child as if he were their own. They in particular have treated me with great humanity - day and night from what I experienced at my former attorney's. Lynda is a gem, on her toes, flexible, hard-working, committed to each client, humble, and sweet. She has slaved over my case, doing much of the writing, watchful of me on paper and in person, guiding me gently while encouraging me to use my voice. The staff, including the office administrator Lorenzo and Linda C, is caring, respectful, and conscientious. A band of angels.