Chapter 13 · Hermosa Beach
Chapter 13 Attorney for Hermosa Beach Homeowners and Families
Hermosa Beach owners hold homes worth $2 million or more, and Chapter 13 is built to keep them. Chapter 13 stops a foreclosure or repossession and lets you catch up over 3 to 5 years. Call (310) 362-9071 for a free consultation.
- Median owner home value: $2,000,000+
- Stop a foreclosure or repossession
- Catch up over 3 to 5 years
- Meet in Beverly Hills or by video
Saving a home in Hermosa Beach
About 50.6% of homes in Hermosa Beach are lived in by their owners, and the median owner-occupied home is valued at $2,000,000 or more. 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.
With home values that high, nearly every Hermosa Beach owner has equity above the homestead exemption. Chapter 13 keeps the house, stops a foreclosure sale and pays creditors over time.
How long a Hermosa Beach Chapter 13 plan runs
Because many Hermosa Beach households earn more than the state median for their size, a 5-year plan is common here. A longer plan can mean a lower monthly payment.
Your plan payment is based on your income after reasonable costs. Median rent in Hermosa Beach is $2,887 a month. A year of that rent equals about 21% 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. Those housing costs count when we build your budget.
When Chapter 13 fits Hermosa Beach filers
- You are behind on a mortgage. Past-due payments are spread over the plan while the sale stays on hold. See stop foreclosure.
- You have more equity than the exemptions protect. With home values in Hermosa Beach at $2,000,000+, this is common. Chapter 13 lets you keep the property and pay creditors over time.
- Your income is too high for Chapter 7. Chapter 13 has no income limit, stops collection and can wipe out what is left at the end.
- You need to keep a car. Some older car loans can be cut to the car's value.
Chapter 13 also helps Hermosa Beach owners who rent out part of a property and need to catch up on the loan.
Where a Hermosa Beach Chapter 13 case is heard
Bankruptcy cases from Hermosa Beach 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.
After filing, you make plan payments to the Chapter 13 trustee, and a judge confirms the plan at a hearing.
Related pages
If your debts are mostly credit cards and medical bills, a Chapter 7 attorney for Hermosa Beach may be the faster path. See bankruptcy attorney for Hermosa Beach for both options, or read our main Chapter 13 bankruptcy page.
Chapter 13 questions from Hermosa Beach
Can Chapter 13 stop a foreclosure on my Hermosa Beach home?
Yes, Chapter 13 can stop a foreclosure if it is filed before the sale. The missed payments are then paid over the plan while you keep making current payments.
Will I keep my Hermosa Beach home in Chapter 13?
Yes, you usually keep your home in Chapter 13 if you make the plan payments and stay current on the mortgage after filing. That matters in Hermosa Beach, where many homes are worth more than the homestead exemption protects.
Can I keep my Hermosa Beach duplex in Chapter 13?
Yes, you can usually keep a Hermosa Beach duplex in Chapter 13. Rent from the other unit counts as income and can help fund the plan.
Free consultation
Protect your Hermosa Beach home or car
Call (310) 362-9071 or send the form. Have any sale date or notice ready.
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.