The Law Office of Mo Mokarram

Top 10 Reasons to File Bankruptcy Despite the bad reputation that it often receives, filing for bankruptcy frequently can be the best option for your financial difficulties. If you have any questions about the process, please call our office at 888-588-0040 to discuss your options. 1 - Stops foreclosure... 2 - Stops repossession 3 - Discharges some past IRS taxes and high penalties and interest 4 - Eliminates credit card and other unsecured debt 5 - Reduces medical debt 6 - Stops collections, judgments, and wage garnishments 7 - Stops harassing phone calls from creditors 8 - Avoids credit counseling / debt negotiation services 9 - Helps you to get back on your feet after a loss of employment 10 - Provides a fresh start! As you can see, bankruptcy can lessen or even completely relieve the difficulties encountered with many financial situations, be that car payments, IRS taxes, unemployment, medical debt, and many other scenarios. If any of these situations apply to you, take the first step by contacting our office. A friendly and knowledgeable expert will assist you in deciding which option is the right fit. Don’t let financial struggles keep you from living the life you want to lead any more. Mo Mokarram Esq. 1101 Fulton Avenue. Sacramento, CA 95825 888-588-0040 (Phone) www.sacbkhelp.com

Feedback Friday Please share you thoughts, comments, or feedback below about my legal services and how I assisted you. #FBF... Mo Mokarram Esq. The Law Office of Mo Mokarram 1101 Fulton Avenue. Sacramento, CA 95825 888-588-0040 (Phone) 888-588-6407 (Fax) www.sacbkhelp.com

Post Bankruptcy Tip: Don’t Reaffirm Burdensome Debt. A person reaffirms a loan or debt that they are otherwise completely free to disregard because of bankruptcy. Sometimes the reaffirmation is due to a perceived moral obligation. Other times, the person wants to keep a certain possessions such as a car in which they owe much more than the value. Either way, the point of bankruptcy is to get a fresh financial start.... Mo Mokarram Esq. 1101 Fulton Avenue. Sacramento, CA 95825 888-588-0040 (Phone) www.sacbkhelp.com

Business Bankruptcy Deciding to close a business or file bankruptcy is a very difficult decision. Many business owners have invested substantial time, money and emotions into a business. If the business is operated as corporation, Limited Liability Company or a partnership, the owners should consider the following. If there is no viable future for a business, Chapter 7 Bankruptcy liquidation may be the best choice for a business owner. A bankruptcy petition is prepared and fi...led and a Bankruptcy Trustee is appointed by the Bankruptcy Court. The Bankruptcy Trustee will assume control of the business and provide for an orderly windup of the business operations. The Bankruptcy Trustee will liquidate any assets and settle all debts owed by the corporation, LLC or partnership. If a Corporation has no Assets for the Bankruptcy Trustee to liquidate, then the business may not want to file a Chapter 7 bankruptcy. The business may elect to dissolve the corporation, LLC or partnership under state law. If so, legal counsel will be essential to guide the corporation or partnership and assure that that business debts do not end as personal debts of the owners. If a corporation, LLC or partnership has assets and the ability to continue to operate but is struggling to meet it's currently obligations, then it may consider filing a Chapter 11 bankruptcy and re-organize. A business owned as a sole proprietorship should consider reorganizing under Chapter 13 or Chapter 11 to continue its operations. Deciding which strategy is better for all parties is best decided after consulting with us. Mo Mokarram Esq. The Law Office of Mo Mokarram 1101 Fulton Avenue. Sacramento, CA 95825 888-588-0040 (Phone) www.sacbkhelp.com

Happy Day 2020. Celebrate March 14th with a piece of pie.

Attorney Mokarram was very patient with us, he worked with us over a year knowing we needed to take our time filing bankruptcy. My wife was very emotional and cried at our first consultation. Mo understood our situation and used his expertise to save our financial situation! - David Mo Mokarram Esq. 1101 Fulton Avenue. Sacramento, CA 95825 888-588-0040 (Phone)... www.sacbkhelp.com See more