Lamont, California Bankruptcy Lawyers
Following undergrad, Mr. Lloyd went on to work for Thomson Reuters as a Senior Tax Analyst. Mr. Lloyd later attended California Western School of Law where he developed a strong passion for bankruptcy law. During law school, Mr. Lloyd gained valuable bankruptcy experience interning for various bankruptcy law firms. After earning...
Woodland Hills, CA 91367
Bankruptcy, Appeals, Collections and Foreclosure Defense
University of California Hastings College of the Law
He is board certified in Business Bankruptcy by the American Board of Certification.
Bill has served as an arbitrator for the National Association of Securities Dealers and the Ventura County Superior Court, where he has also served as a visiting judge.
Bill is the author of “Rejection of Non-Residential Leases of Real Property in Bankruptcy: What Happens to the Mortgagees’ Security Interest” published in the April 1990 Pepperdine Law Review. Bill has been admitted...
Matthew Resnik has served as a keynote speaker at numerous seminars relating to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Matthew Resnik is a member of Los Angeles County Bar Association, Beverly Hills Bar Association, and actively involved in the National Association of Consumer Bankruptcy Attorneys (“NACBA”) and the local Central District Consumer Bankruptcy...
Bankruptcy Lawyers in Nearby Cities
Bankruptcy Lawyers in Nearby Counties
Bankruptcy law allows debtors, who are unable or partially unable to pay outstanding debts, to rid themselves of these debts and obtain a fresh start. Both federal and state laws can affect a debtor seeking to file for bankruptcy, and an attorney can help you understand how state and federal bankruptcy laws apply to you.
If you are struggling with high debt, receiving calls from creditors or collection agencies, or facing foreclosure, garnishment of wages, or repossession of property, filing for bankruptcy may provide you with solutions.
Bankruptcy lawyers offer legal advice and services during a financial crisis. In total, there are six different types of bankruptcy. For persons seeking debt relief, one option is Chapter 7 bankruptcy, which provides for liquidation of the debtor's non-exempt assets. Another popular option for individuals is Chapter 13, which allows for management and reduction of debt through payment plans. Corporations and partnerships filing for bankruptcy often choose to file under Chapter 11, which provides for supervised reorganization of the business.
Experienced bankruptcy counsel can help you evaluate whether you should pursue a bankruptcy as well as the Chapter under which to file. Bankruptcy lawyers can also help end harassing phone calls from debt collectors and evaluate available legal options when facing a home foreclosure.
Automatic stay: An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed.
Unsecured claim: A debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay, rather than on a special assurance of payment.
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