FOR IMMEDIATE RELEASE
(Newswire.net — March 31, 2013) Huntington Beach, CA — Law Offices Alex L Benedict and Alex L Benedict are pleased to announce that he has been designated by local residents as one of the most knowledgeable and experienced bankruptcy attorney Huntington Beach, CA. Legal issues surrounding the filing of bankruptcy are complex and it is recommended that those considering the step should always retain the services of a competent attorney.
Speaking in a recent interview, Mr. Benedict explained, “At the Law Offices of Alex L. Benedict, we have successfully handled thousands of bankruptcy cases throughout California. Bankruptcy is not a moral or emotional decision, it is financial decision based on factors such as amount of debt, income, and monthly cash flow. If there is insufficient disposable income at the end of each month to make a meaningful debt payment, bankruptcy must be given serious consideration.”
The right bankruptcy law firm has the task of deciding which chapter of filing is preferable. The major three choices are Chapter 7, Chapter 11 and Chapter 13. Chapter 7 filing is the opportunity to wipe the slate clean and start over with no debts (with a few exceptions). It can also remove any assets above a certain minimum. Chapter 11 is usually considered appropriate for corporate entities and partnerships rather than individuals. Chapter 13 is also known as the “wage earners plan”. It provides for repayment of outstanding debt over a period of no more than 5 years.
The representation by the law firm helps to make the right financial decisions for clients. The goal is for the client to be able to make a fresh start once the process of bankruptcy is completed. Since the laws of each State are different, it is important to get the right legal help from a credible bankruptcy attorney Huntington Beach, California.
Learn more about the concentrations and qualifications by visiting the web pages at http://lawalb.com today. Members of the press and others who want to clear up additional questions about the content of the specific press release are encouraged to contact Alex L Benedict at the location defined below.
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Phone: (714) 848-2201