Regain Control of Your Financial Future Comprehensive Bankruptcy Solutions
Understanding the Different Types of Bankruptcy
There are two main types of bankruptcy that our firm handles and determining which one is right for you is crucial. For some clients, Chapter 7, or a liquidation bankruptcy, is the best option. It offers filers a fresh start by discharging, or wiping out, certain types of unsecured debt. This involves gathering all of your non-exempt assets and selling off what you can in order to pay off as much debt as possible. Many of your most important assets are protected from this process and most Chapter 7 bankruptcy cases are fairly brief. If all goes well, a typical case will last about four months.
Be aware that some debts, such as recent tax debt and student loans, are not dischargeable. Secured debts, such as car loans and mortgages, are treated in various ways based on numerous unique factors. You may be able to keep your home or car (so long as you continue to pay those debts) while discharging unsecured debts.
Real Results, Real Relief Hear From Our Happy Clients
At Law Office of Thomas B. Gorrill, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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"Trusted Legal Advocate"
Tom provides peace of mind, clear communication, and unwavering support. Trust him to guide you through challenging legal matters with confidence!
- Dean O. -
"Exceptional Results"
Mr. Gorrill’s professionalism and expertise delivered a phenomenal experience and a positive outcome. Truly the best attorney I’ve ever worked with!
- Edward G. -
"Relief You Can Trust"
Thomas provided fair, compassionate, and painless financial help, lifting a huge weight off my shoulders. Highly recommended for anyone facing financial struggles!
- Jill W. -
"Guidance Beyond Bankruptcy"
Tom provided compassionate, tailored advice and explored all options—not just bankruptcy. He’s a true counselor at law, guiding us toward the best solution!
- Diane M.
Dedicated to Your Financial Recovery Our Promise to You
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Compassionate SupportOur team understands the stress of financial hardship and is here to offer compassionate, judgment-free assistance to help you rebuild.
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Efficient, Stress-Free ProcessWe handle the paperwork and legal complexities for you, making the path to financial relief as smooth and stress-free as possible.
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Experienced Guidance You Can TrustWith over 40 years of helping clients resolve financial challenges, we provide knowledgeable support every step of the way.
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Personalized Debt SolutionsWe tailor bankruptcy strategies to meet your unique financial needs, guiding you toward a fresh start with confidence and clarity.
Who Is Eligible for Bankruptcy in California?
In most cases, you will only qualify for one form of consumer bankruptcy. All prospective filers must complete a means test that determines eligibility for Chapter 7 or Chapter 13.
You will most likely qualify for Chapter 7 bankruptcy if you have little to no current income. You could also qualify if you have minimal disposable income, which is the amount left over after you subtract allowable expenses from your gross income.
Chapter 13 bankruptcy may be your only option if you have considerable disposable income. You must be able to afford plan payments.
Our bankruptcy services include a full assessment of your financial circumstances and assistance with completing the means test. We will advise you on which type of bankruptcy you qualify for and walk you through how filing can help you.
What Is the Bankruptcy Process?
We recognize that bankruptcy can be intimidating, especially if you are not familiar with the process. It is important to understand the steps involved and what will be expected of you.
At the Law Office of Thomas B. Gorrill, your bankruptcy case will generally involve the following stages:
- Initial virtual or in-person consultation. When you first get in touch with our firm, you can discuss the preliminaries with our attorney and determine whether bankruptcy is a viable option.
- Intake procedure. After consulting with our lawyer (and if it is determined bankruptcy is the route that should be taken), you must go through an “intake procedure,” which basically amounts to filling out the paperwork and providing the documentation required for a bankruptcy petition.
- Credit counseling. Before filing your paperwork with the court, you are required to complete a credit counseling course. This must be done within 180 days prior to filing and must be through an agency approved by the U.S. Department of Justice. Once finished, you’ll receive a certificate of completion. Click here to register for a credit counseling course.
