Affordable Chapter 7 · Burbank, California
Affordable Chapter 7 Bankruptcy in Burbank, California and What It Buys You
Burbank's Tenant Protection Ordinance pays three months' rent if you face a no-fault move. It does nothing for card debt built up between jobs. Chapter 7 can wipe out credit cards, medical bills and personal loans for a flat fee from $1,200 plus the court fee. Call (310) 362-9071 for a free consultation.
- Wipes out most unsecured debt
- Flat fee from $1,200 plus $338 court fee
- Collection stops the day we file
- Payment plans available
What an affordable Chapter 7 wipes out
| Usually wiped out | Usually stays |
|---|---|
| Credit cards and store cards | Child support and alimony |
| Medical bills | Most recent income taxes |
| Personal and payday loans | Most student loans |
| Old judgments and repo balances | Criminal fines |
The math for a Burbank, California household
Here is an example with made-up round numbers. Say you owe $15,000 on credit cards at 24% interest. That is about $300 a month in interest before you pay down a single dollar. For a Burbank, California household at the city's median income, $300 is about 4% of a month's income before taxes, going to interest alone.
A simple Chapter 7 with us costs about $1,538 in attorney and court fees. In this example, that is about five months of interest payments, and the balance is gone at the end of the case.
Chapter 7 compared with settlement and consolidation
| Option | How long | Can creditors still sue? |
|---|---|---|
| Debt settlement | Often several years | Yes |
| Consolidation loan | Years of payments, with interest | Only if you fall behind |
| Chapter 7 | About four months | No, the automatic stay stops them |
Chapter 7 is not right for everyone. Read when you should not file bankruptcy before you decide.
Why Burbank, California filers choose Chapter 7
Whether you work at Hollywood Burbank Airport or a studio, years of minimum payments can take money that should go to rent, gas and savings. Debt settlement can feel like a middle path, but it often means months of missed payments, collection calls and maybe a lawsuit. A consolidation loan needs good credit and steady income, which is hard to show between projects. Chapter 7 can erase qualifying debts for a flat fee from $1,200 plus the court fee. See which debts it covers on our dischargeable debts page.
More for Burbank, California filers
- Bankruptcy attorney for Burbank, California
- Chapter 7 attorney for Burbank, California
- Chapter 13 attorney for Burbank, California
- Cheap bankruptcy in Burbank, California
- Affordable bankruptcy in Burbank, California
- Cheap Chapter 7 bankruptcy in Burbank, California
- Affordable Chapter 7 bankruptcy in Burbank, California
See every fee in one place on our bankruptcy cost page.
Affordable Chapter 7 questions from Burbank, California
Is Chapter 7 worth it if my Burbank studio job might come back?
Chapter 7 can still be worth it if your Burbank studio job might come back, because old debt is wiped out and new pay goes to current bills. Filing while income is low can also help with the means test. Talk to us about timing first.
Is Chapter 7 cheaper than debt settlement?
Chapter 7 is often cheaper than debt settlement, because settlement programs charge fees over years and you still pay part of each debt. Chapter 7 has a flat attorney fee and the court fee, and most unsecured debt is wiped out.
When do collection calls stop in Chapter 7?
Collection calls stop in Chapter 7 as soon as the case is filed, because of the automatic stay. The discharge itself usually comes about four months later.
Free consultation
See what Chapter 7 could wipe out for you
Call (310) 362-9071 or send the form. We will compare Chapter 7 with your other options for free.
Law Offices of John Asuncion9454 Wilshire Blvd., Penthouse Floor
Beverly Hills, CA 90212
(310) 362-9071
Monday to Friday, 9 a.m. to 6 p.m.