Borowitz & Clark, LLP

Understand Your Debt Relief Options If you’re considering debt consolidation or debt negotiation, educate yourself about debt consolidation loans and work with reputable providers. If you’re just starting to explore your options, there are many ways to get reliable information. The FTC and CFPB both make extensive consumer information available on their websites. A non-profit credit counselling agency can explain your options without a sales pitch. Or, you can talk with a deb...t resolution attorney. If you have funds to make monthly payments as you would in a debt settlement program, you may find that Chapter 13 bankruptcy would allow you to achieve the same ends without escalating fees and collection actions, continued negative credit reporting, and the ongoing threats of lawsuits and wage garnishments or the uncertainty about which debts would be addressed and how much that would cost. To learn more, call Borowitz & Clark, LLP today. For more details visit: https://bit.ly/35Ne7lg

Borowitz & Clark, LLP is a leading consumer law firm in California with offices in West Covina, Ontario, Palmdale, Norwalk, Torrance, and Glendale. Led by two of the most experienced bankruptcy lawyers in southern California, Barry Borowitz and Erik Clark, we are ready to help you through your financial difficulties. Our lawyers and staff will give your case the personal attention necessary to determine what course of action is best for your goals. We’ve handled thousands of ...bankruptcy cases, so we know the process inside and out. We’ll work with you to make sure you understand your options and the bankruptcy process itself and we’ll fight to make sure you get the most out of your bankruptcy. For more details visit: https://bit.ly/2AUwyaU

"Whether it is finding ways to help families stay in their homes during bankruptcy, to restoring dischargeability of student loans, to addressing racial and gender disparities in the bankruptcy system; we must end years of delay and finally make our bankruptcy system fairer by passing this legislation." - Senator Durbin

Student Loan Debt in California We have years of experience helping clients to significantly reduce their student loan payments, cure defaults, and even stop wage garnishments. Are you being sued for collection? We’ll help with that, too. You went to school to better yourself and get the career you wanted. Why let those loans bog you down and stop you from reaching your potential? Give us a call. We’ll walk you through the full menu of options for repayment and dealing with ...your defaulted federal and private student loans for free. If you choose to retain our services, we’ll handle your applications for repayment programs. We’ll fight to stop your lender from garnishing your wages and we’ll stand up for your rights if you face a collection lawsuit. We’re here to help alleviate the burden of your student loan debt. For more details visit: https://bit.ly/3eDK6WZ

Is Chapter 13 bankruptcy right for me? If you’re struggling with debts but you have a steady income, Chapter 13 bankruptcy may be a good option for you. You can read more about Chapter 13 bankruptcy on our blog. We have years of experience dealing with thousands of Chapter 13 bankruptcy cases. We will help you navigate the complexities of the Chapter 13 process and make sure that you get your discharge so you can move on with a clean financial slate. Contact us online to sche...dule a free initial interview today. For more information visit: https://bit.ly/2Lx5fFN

About Borowitz & Clark, LLP Borowitz & Clark, LLP is a leading consumer law firm in California with offices in West Covina, Ontario, Palmdale, Norwalk, Torrance, and Glendale. Led by two of the most experienced bankruptcy lawyers in southern California, Barry Borowitz and Erik Clark, we are ready to help you through your financial difficulties.... Our lawyers and staff will give your case the personal attention necessary to determine what course of action is best for your goals. We’ve handled thousands of bankruptcy cases, so we know the process inside and out. We’ll work with you to make sure you understand your options and the bankruptcy process itself and we’ll fight to make sure you get the most out of your bankruptcy. For more details visit: https://bit.ly/2AUwyaU

The Chapter 13 process is complicated and difficult to navigate. Your payment plan must conform to specific rules and regulations and your creditors will fight every step of the way to get you to pay more. It is critical that you seek out the best Chapter 13 attorney you can find because not all attorneys understand the complexities of Chapter 13. Your attorney will make sure you get a fair plan that fits all of the requirements and leads to discharge. We will help you decide... how best to protect your most important assets and will stand up to creditors who threaten your rights. Under Chapter 13, you will pay most of your attorney’s fees through your plan, so you’ll have the benefit of an experienced bankruptcy lawyer without having to come up with an upfront payment. For more information visit: https://bit.ly/2Lx5fFN

Your Home is Where you Build a Life Where you Raise a Family Where you Build Memories ... In a historic moment California Governor, Gavin Newsome signed AB 1885. The first bill that will help change the Homestead Exemption laws so that more residents can keep their homes when they file for bankruptcy. We are rapidly preparing for the changes that will take effect on January 1st, 2021. Please share this exciting news it is a historic moment for our state!

Should You File for Bankruptcy While Unemployed? Every situation is different, and there is no one-size-fits-all answer to this question. If you’re unemployed and considering bankruptcy and other debt relief options, the best next step is to talk with an experienced Los Angeles bankruptcy attorney. A lawyer who has a thorough knowledge of bankruptcy law and of local bankruptcy court procedures and trustee priorities will be able to give you a clearer understanding of your opt...ions and the factors to consider. If you’ve lost your job and are unsure whether bankruptcy is the right answer for you, or whether the time is right to file, help is available. We offer free consultations to people who are struggling with debt in and around Los Angeles. Schedule yours right now by calling or if you prefer, fill out the contact form on this page and we’ll reach out to discuss how we may be able to help. For more details visit: https://bit.ly/3fXl991

Finally, some Good News to Share!!! Governor, Gavin Newsome signed AB 1885, which will help California residents keep their home if they declare bankruptcy. For years, our homestead exemption law has been out of date. In fact, so out of date that many California residents have lost their homes in bankruptcy. ... We are looking forward to a brighter new year, as these changes go into effect January 1st, 2021! Read the full article here: https://www.borowitzclark.com/increase-in-california-homes/ ________________________________________

***Breaking News*** Governor, Gavin Newsome signed AB 1885. A budget trailer bill that will help protect homeowners from losing their homes in bankruptcy cases! ... What this means is that more people who are going through financial hardship will be able to keep the most important asset they may ever own. Changes related to AB 1885 will go into effect January 1st, 2021. Please share the news, this is a historic moment for California residents! https://www.borowitzclark.com/increase-in-california-homes/

Hot off the press, AB 1885 effective January 1, 2021.

Development: AB 1885 updates exemptions in bankruptcy to better reflect the rising housing costs we're seeing today. Take a look at the press release here.

When a debt has been discharged in bankruptcy, you are no longer legally obligated to pay that debt. The bankruptcy discharge order prohibits creditors and debt collectors from attempting to collect discharged debt. That’s true even if the creditor or collector has already obtained a judgment. Some creditors and debt collectors will ignore this order or mistakenly contact you after bankruptcy, but you do not have to pay discharged debt. And, transferring the debt to a new deb...t collector or selling it to a debt buyer who wasn’t listed in the bankruptcy doesn’t bring the debt back to lifethough some debt buyers may try to tell you that it does. If a creditor or collector pursues payment of the debt after discharge, they are violating a court order and can be sanctioned. To learn more about how a bankruptcy discharge could help you make a fresh financial start, schedule a free consultation with Borowitz & Clark, call us today. For more details visit: https://bit.ly/2AUwyaU

As more and more families and businesses are starting to feel the sting, debt relief options like bankruptcy are becoming more popular. Please don't hesitate to reach out if we can help.

An experienced attorney will make sure that you get the most out of debt negotiation. Your attorney knows all of your options and knows what the lenders are likely to give up. You can always reach out to your lender on your own and try to reach an agreement. Just remember that you’re facing an experienced team that deals with thousands of cases like yours every week. You don’t want to go through the hassle of negotiating terms for your debt only to end up behind and facing co...llection action again. You want the help of an expert who knows you and your unique situation. Attorneys at Borowitz & Clark have years of experience in helping clients deal with overwhelming debt. We’re not just bankruptcy attorneys we’re legal financial experts! Contact us online or give us a call for an initial consultation to learn what you can do about your debt and how we can help. For more details visit: https://bit.ly/2NcGxez

https://www.marketwatch.com//why-bankruptcy-must-be-an-opt

Common Debt-Management Mistakes One of the most common mistakes senior citizens make when attempting to regain control of unmanageable debt is cashing in retirement accounts. Cashing in a retirement account to pay off unsecured debt is almost always a mistake, even when the account holder has many years in which to work and replenish the account. For a retired senior who no longer has the means to put money back in the account, the risks are even greater. Though those older t...han 59 won’t face the same penalties an older person withdrawing money from a retirement account might, he will be depleting the funds meant to support him for the rest of his life. Learning more about your options is always a smart first step, and can help prevent expensive mistakes. That’s why Borowitz & Clark offers free consultations to people of all ages who are struggling with debt. For more details visit: https://bit.ly/2AUwyaU