Frequently asked questions

Initial bankruptcy consultations are always free.

Bankruptcy is a legal process that allows consumers and businesses to discharge and/or restructure their debts, in many cases offering them a fresh start.

The two most common types of bankruptcy for consumers are Chapter 7, liquidation bankruptcty, and Chapter 13, reorganization bankruptcy.

The best way to determine which type of bankruptcy is best for you is to speak to an attorney.  Come in for a Free Consultation.

In the majority of cases, we are able to offer affordable payment plans to help get you on the path to financial freedom.

It is normal for people to need an income to survive.  In order to qualify for Chapter 7 consumers are required to pass the means test to determine your ability to repay debts.  If your income is too high to qualify for Chapter 7 you may still get substantial relief from a Chapter 13 case.

A chapter 13 reorganization can be a wonderful tool to save your home from foreclosure, reduce interest rates on vehicles, prevent repossessions, eliminate second mortgages, deal with back taxes and reduce credit card and medical debt.

At Diaz Law Firm we strive to keep up with the times.  Feel free to call, email or text us. 

It is always in your best interest to have an attorney guide you through the process.  At Diaz Law Firm we have handled thousands of bankruptcy cases.  Our experience helps us to spot any potential issues with your case.

Filing a bankruptcy prior to the public sale will stop a foreclosure sale.  The bankruptcy code allows you to formulate a Chapter 13 plan to resume your regular monthly payments and cure your arrears over time for a period of up to 5 years.  In addition to this, you may be able to participate in the court’s Mortgage Mediation Program to attempt to work out an agreement with your lender.

When you file bankruptcy, the Automatic Stay prevents creditors from continuing to garnish you.  Call us right away to schedule a Free Consultation.

Absolutely.  Bankruptcy will allow you to get out from under crushing debt and start toward a path of a fresh start.  Over time, you will be able to work toward  re-establishing credit, even for major purchases like homes and automobiles.