AboutLos Angeles Bankruptcy Lawyer Leon D. Bayer Expertise Personal and small business bankruptcy. Mr. Bayer has successfully handled thousands of bankruptcy cases. You can view his personal web site at:
Publications Author, ?The Essentials Of Chapter 13,? Daily Journal Report, December 18, 1987.
Contributing Editor, Basic Bankruptcy, California Practice Handbook, Matthew Bender 1992, 1993.
CEB Consultant, CEB-Personal and Small Business Bankruptcy Practice in California, 2003.
Awards and Honors President, 1995-1996-Los Angeles Bankruptcy Forum; Member - Los Angeles County Bar Association Committee on Commercial Law & Bankruptcy, 1988. Law Advisory
Commission-Personal & Small Business Bankruptcy Law of the State Bar of California, 1996-2000
MR. BAYER SAYS: The big banks and credit card companys have been working overtime for many years to undermine the Consitutional right of the American people to be able to claim bankruptcy protection. In 2005 the banking lobby successfully convinced Congress and the President to make the laws and proceedures more complicated, hopeing that it will stymie legitimate people from filing bankruptcy. They succeeded in gaining these complex new legal proceedures by greasing the legislative system with hundreds of millions of dollars in "campaign contributions." The good news for the American people is that while the new laws have made the proceedures needlessly complex to the point where inexperienced people can't help but trip over the maze of new rules and regulations, the process is still doable, especially with a lawyer who is well trained and experienced in this specialty.
I am currently on unemployment and live in the Silicon Valley, I am unable to locate substantial work. I am currently not behind on any of my payments. I have worked all my life, so for me to consider bankruptcy is a hard decision for me. I have a mortgage and car and other loans. None are deliquent, but I know it is just a matter of time. I was considering a short sale for my home, but that just takes care of 1 obligation. Does unemployment count me out for bankruptcy?
Thank you very much
Vickie
I am very sorry to hear about your dilemma. Unemployment does not disqualify you from filing bankruptcy. If you can get rid of the unsecured debts and concentrate on what is important, like house and car, perhaps you will hang on just long enough to find a new job. You should go see some local BK lawyers right away for immediate guidance.
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