"Bankruptcy Chapter 15"
"Bankruptcy Chapter 15" is a legal mechanism designed to help debtors, who are facing financial difficulty, restructure their debts and gain relief from creditors. This chapter of the Bankruptcy Code offers protection to corporations, partnerships and individuals from creditors while allowing them to restructure their finances in an efficient manner.
Filing for Bankruptcy Chapter 15 can be extremely beneficial for those struggling with unmanageable debt. It gives the debtor a chance to reorganize his or her financial affairs without having creditors interfere or impose harsh collection measures. Additionally, it allows the debtor to relieve themselves of some of their debt obligations by entering into a repayment plan with individual creditors. Finally, filing under this chapter may also prevent foreclosure proceedings on certain assets like homes or cars that are secured by collateral.
The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706