As a bankruptcy law firm, we are often contacted by people who have questions about the process of bankruptcy, what debts may be discharged and other common bankruptcy questions.
Frequently Asked Questions:
What is Chapter 7 bankruptcy?
Chapter 7 is a debt liquidation bankruptcy that eliminates or reduces most debts. .
People who want to file for Chapter 7 bankruptcy must meet a means test that takes into account their income and ability to pay debts.
Will a bankruptcy stop a foreclosure on my house or a lawsuit?
Yes. Bankruptcy halts all legal proceedings against you immediately on the filing of the petition. The ultimate resolution of these matters will be delayed pending the outcome of the bankruptcy case. Consult with our office for full details.
Can I restore credit after bankruptcy?
Yes, and you can do it faster than you may think. People are often surprised to find that credit card companies, auto lenders and other credit providers are willing to provide credit to people who have just had a bankruptcy. In fact, many creditors actively compete for the business of recent Chapter 7 bankruptcy debtors because they know their debts have been discharged and they may not file for Chapter 7 bankruptcy again for several years.
Can I keep some of my property?
Yes, certain assets are exempt from liquidation. Homes and cars of a certain value are exempt from liquidation. Our office will advise you on the value of your homestead exemption, or the general exemption for your personal property. You may be surprised to see how much you can retain through a bankruptcy case.
Can my employer fire me if it learns about my bankruptcy?
No. Employers may not discharge an employee because he or she filed for bankruptcy. Bankruptcy will harm your credit rating, and may affect your security clearance for certain government jobs.
What debts are dischargeable?
Most forms of debt are dischargeable through Chapter 7 bankruptcy. Credit card debts, medical bills, and most other debts are dischargeable.
Are there any debts that cannot be discharged?
Yes. Taxes, student loans, family support obligations, judgments for fraud, criminal penalties, and certain other debts are generally not dischargeable.
Principal Attorney Brian Nomi
Bankruptcy & Civil Litigation
To schedule a consultation, call (805)444-5960
Contact our office in Camarillo, California.
What are the Key Aspects of a Good Bankruptcy Attorney?
In our view, the following are the factors that make the most difference in deciding whom to hire:
Experience: This office has many years of practice in personal and small business bankruptcy. Our office has handled a hundred personal bankruptcy cases over the past years. This office enjoys a good working relationship among local bankruptcy courts and trustees.
Ability: Our office handles the most difficult and challenging bankruptcy cases. We are fully aware of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, and its implications for current cases. We offer a written guarantee that when we take your case, you will get a discharge from the bankruptcy court wiping out your debts.
Qualifications: Brian Nomi is admitted to all jurisdictions in the State of California. Our office is certified with the US Bankruptcy Court’s electronic case management system. Our office is a member of the National Association of Consumer Bankruptcy Attorneys.
Someone Who Will Listen to You: You will meet in person with Brian Nomi, and fully discuss your situation before any recommendation is made. Our office will consider the specific facts of your case in the context of the law, and give you the best possible advice, even if that means that you decide not to hire our office!
What are your Fees?
The fees we charge for bankruptcy cases are higher than the average, but the reason for this is that this office offers the best quality representation, as well offering a written guarantee that your bankruptcy case will be successful in discharging your debts.
At our office, your case will be handled correctly, the first time, and with the best value for the fees paid. Several satisfied clients have remarked that Brian Nomi was the most professional attorney at their trustee hearing.
How Can I Learn More about Bankruptcy?
To speak with an experienced attorney about bankruptcy and other debt relief services, contact the Law Office of Brian Nomi in Ventura County, California.
Every client is unique to us: if bankruptcy isn’t your best option, we’ll tell you, and work with you to find a better solution. We promise you an honest and direct appraisal of your situation so that you can make the best decision for yourself.