Serving Torrance from Beverly Hills
Bankruptcy Attorney for Torrance Residents
Torrance is the South Bay's big industrial city, home to American Honda's U.S. campus and a major refinery. Law Offices of John Asuncion is a bankruptcy attorney serving Torrance from our Beverly Hills office. Call (310) 362-9071 for a free consultation, in person or by video.
- Torrance bankruptcy cases are heard downtown
- Flat fees from $1,200 plus the court filing fee
- Meet in Beverly Hills or by video
- Emergency filings to stop a garnishment or sale
Torrance by the numbers
Source: U.S. Census Bureau, American Community Survey (ACS 2020-2024 5-year), QuickFacts for Torrance.
What these numbers mean for a Torrance bankruptcy
Half of Torrance households earn less than $116,217 a year. That sits between California's medians for two people ($102,797) and four people ($139,071). Whether you pass depends a lot on how many people live in your home.
About 55% of homes in Torrance are lived in by their owners, and the median owner-occupied home is valued at $1,074,700. At those values, an owner with a small mortgage can have more equity than California's homestead exemption protects. When that is true, Chapter 7 could put the house at risk, and Chapter 13 is often the safer way to keep it. California's homestead exemption rises with inflation each year. In Los Angeles County, owners generally get the top amount, which is about $744,000 in 2026.
Median rent in Torrance is $2,280 a month. A year of that rent equals about 24% of the city's median household income. Even so, a job loss or medical bill can push rent and other bills onto credit cards fast.
Debt and the Torrance economy
American Honda's U.S. headquarters campus has been in Torrance for more than 30 years. PBF Energy's Torrance refinery covers 750 acres and employs about 570 people. Del Amo Fashion Center draws shoppers from across the South Bay.
Manufacturing, refinery and auto industry jobs pay well but can be cut when the industry slows. Torrance families with a mortgage and car loans feel it fast.
Chapter 7 or Chapter 13 in Torrance?
Torrance's median household income sits between California's two- and four-person medians, so household size often decides Chapter 7. Homeowners with large equity usually choose Chapter 13.
- Chapter 7 attorney for Torrance: wipes out most credit card, medical and personal loan debt in about four months.
- Chapter 13 attorney for Torrance: a 3 to 5 year payment plan that can save a home or car.
Courts that handle Torrance cases
Bankruptcy cases from Torrance are assigned to the Los Angeles Division of the U.S. Bankruptcy Court, Central District of California, at the Roybal Federal Building, 255 East Temple Street, downtown.
If a creditor has already sued you, that lawsuit is usually in Los Angeles Superior Court. Small claims cases from most of Torrance are heard at the Torrance Courthouse on Maple Avenue. The court's filing locator assigns collection lawsuits by ZIP code, and we check yours before your consultation. Filing bankruptcy pauses those lawsuits.
Meeting with us from Torrance
Our only office is at 9454 Wilshire Blvd., Penthouse Floor, in Beverly Hills. From Torrance, take the 405 north to the Wilshire exit and head east into Beverly Hills, about 20 miles. If the drive is hard to fit around work, we meet by video, and you can sign most papers online.
Torrance bankruptcy questions
Do I have to go to Beverly Hills to file bankruptcy from Torrance?
No, you do not have to come to Beverly Hills to file bankruptcy from Torrance. We meet by video, and most documents can be signed online. Many clients still like to meet once in person at our Wilshire office.
Which bankruptcy court hears cases from Torrance?
The Los Angeles Division at 255 East Temple Street hears bankruptcy cases from Torrance. Your ZIP code decides the division, and we confirm it before filing.
How much does a bankruptcy attorney cost for Torrance residents?
Our flat fees for Torrance residents start at $1,200 plus the court filing fee, with payment plans. Chapter 13 fees are different, and you get the fee in writing at your free consultation.
Is the Torrance Courthouse involved in my bankruptcy?
No, the Torrance Courthouse is not involved in your bankruptcy. It may hear a creditor's lawsuit or small claims case, but your bankruptcy is filed in federal court, and filing pauses that lawsuit.
Free consultation
Talk to a bankruptcy attorney about your Torrance case
Call (310) 362-9071 or send the form. We will tell you which chapter fits and what it costs.
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.