The Law Offices of Lin & Wood

During your free consultation we will discuss your assets, expenses, income and debts to determine how bankruptcy can help. We are proud of how many people we have helped get rid of their debts, save their cars, save their houses, stop wage garnishment, stop repossession, stop foreclosure, but we are also proud of explaining to people that they do not need to file for bankruptcy and why. If you have olds debts then most likely the statute of limitations has run out. If this is true then no one can sue you to force payment and you do not need to file for bankruptcy. The statute of limitations for unpaid debts is 4 years in California for breach of a written contract. Negative history according to the Fair Credit Reporting Act can stay on your credit report for up to seven years.Many people are facing crippling unemployment, houses in foreclosure right and left, and work furloughs looking like they’re here to stay, more and more people have come to the realization that they need to bankruptcy, and they need to look for a San Jose bankruptcy lawyers.We can provide you with professional and tried and true experience when filing bankruptcy. We have filed hundreds of bankruptcy cases in the Bay Area. We promise to explain the entire bankruptcy process step by step, be compassionate and professional, and remain available to answer any questions you may have. We do not use paralegals of inexperienced legal assistants to meet with your or give you legal advice. Our experience has led to a deep commitment to provide help for the consumers who need it the most. Chapter 7 bankruptcies are also known as a liquidation bankruptcy because the bankruptcy trustee can liquidate unprotected assets and give the proceeds to your creditors. The good news is that California has exemptions to protect your stuff so that you can keep your stuff and still get rid of your debts. The vast majority of Chapter 7 cases are no assets cases. There are no assets of yours that become part of the bankruptcy estate because it is all protected. You may have to file a Chapter 13 bankruptcy because of your financial circumstances and reorganize your debts. It is not the end of the world. Chapter 13 is not a bad thing. If it is in your best interest to reorganize your debts in Chapter 13 we will explain why and estimate what your monthly Chapter 13 Plan payment should be during your free consultation.