Consumer Bankruptcy Lawyers in Cupertino, California

Cupertino Consumer Bankruptcy Lawyers, CA

Find the Right Lawyer Now

Bankruptcy is a legal procedure that allows an individual or business to have some or all of their debts discharged. It is normally considered as an option of last resort, because while it can stave off financial disaster, it has some considerable long-term consequences warranting careful consideration of the costs and benefits. Bankruptcy is a formation of federal law, and goes through federal courts. Therefore, the process governing bankruptcy in California will be roughly the same as it is everywhere else in the U.S. But individual courts have different rules for what property is exempt, so you should consult a local Cupertino, California before you file.

Chapter 7 Bankruptcy in Cupertino, California

There are 2 main types of consumer bankruptcy in Cupertino, California: Chapter 7 and 13. Chapter 7 bankruptcy involves a liquidation of some of the debtor's assets, which pays off part of his or her debt. Once this is done, the remaining debt is absolved. Fortunately for debtors, many forms of property are exempt from liquidation, including homes, vehicles, basic personal items, and retirement accounts.

Once qualified assets are sold, and the money turned over to the creditors, most remaining debt is absolved. However, there are certain types of debt that cannot be absolved in bankruptcy, including student loans, taxes, child support, and criminal fines. If most of your debt is non-dischargeable, it may not be a good idea to file for bankruptcy in Cupertino, California.

Chapter 13 Bankruptcy in Cupertino, California

Chapter 13 bankruptcy in Cupertino, California is markedly different. It may or may not be a better option than Chapter 7, depending on the facts of your individual case. Chapter 13 does not absolve debt, but restructures it instead. Normally, various debts are consolidated into a single monthly payment. This is designed to make the debt more manageable, giving the debtor the chance to pay off the debt over a longer period of time, without all of it coming due at once. This is normally manageable, as long as the debtor can make some sacrifices.

Find a Cupertino Lawyer that Specializes in Your Area of Need:

Which Type of Consumer Bankruptcy Should I File in Cupertino, California

Which Bankruptcy type to file under depends strongly on the facts of each particular case. If you have a stable stream of income (enough to make a payment plan manageable), and a large amount of non-exempt property that you don't want to part with, Chapter 13 may be best for you. If you don't have a stable income or large amounts of non-exempt property, you may be better off filing for Chapter 7.

Regardless of your situation, you should speak with an attorney in Cupertino, California who is accomplished in bankruptcy before making a decision. They will be able to advise you of your options, and the likely outcomes of each one, allowing you to make a much more informed decision.

Consumer Bankruptcy Attorneys in the Largest CA Cities

Show California Cities

Life in Cupertino

Cupertino is the Northern California suburb just north of San Jose. Cupertino has a population of 50,000 people, many of which work in the Silicon Valley.

Cupertino is most famous for being the home to Apple, Inc. The computer software giant was started in Cupertino in 1976 and has remained in the city every since, although much bigger in size than when it first started. In addition to Apple, there are many other major computer software companies that are located in Cupertino such as Hewlett-Packard, Sun Microsystems, and IBM. 

Just over an hour from San Francisco, Cuptertino has plenty of attractions for its residents and visitors to enjoy. In addition to a thriving software industry, Cupertino is also home to many talented lawyers. Not just specializing in issues dealing with technology, Cupertino attorneys are able to help their clients with any legal issue they may encounter. Local law schools include Stanford, Santa Clara, and UC Hastings are just a few of the bay area law schools that have helped to educate Cupertino lawyers. The weather, the culture, and the many local lawyers make Cupertino a great place to be a lawyer or a client!

Consumer Bankruptcy Lawyers in Other California Cities and Towns


Find the Right Lawyer Now

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Eddy H.

Eddy H.

Santa Clara, CA

Bankruptcy, Banking and Credit

Rating (3 users) *****
See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Christopher K.

Christopher K.

Santa Clara, CA

Bankruptcy, Banking and Credit

Rating (18 users) *****
See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Emily M.

Emily M.

Orange, CA

Bankruptcy, Banking and Credit

Rating (11 users) *****
See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Veronica A.

Veronica A.

San Diego, CA

Bankruptcy, Banking and Credit

Rating (3 users) ****
See Reviews

Need a Bankruptcy Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: