I offer a free consultation on Chapter 7 or Chapter 13 Bankruptcy. See if you qualify for relief from collection calls, wage garnishments, repossessions, lawsuits, or even foreclosures. I have represented clients in Sacramento, Placer, Nevada, El Dorado, Yuba, Sierra, and Yolo Counties. My local Sacramento phone number is 916-761-8166 and my local Grass Valley number is 530-265-2939.

I have arranged for seven locations in the greater Sacramento area to meet you for a free consultation regarding bankruptcy. As always this consultation is free. Additionally, I will arrange to meet with you at your residence should there be a difficulty in reaching any of these locations. My local phone number in the Sacramento area is 916-761-8166. Please consult my display advertisements in the Sacramento AT&T yellow pages on pages 76 and 99.

I am now offering free bankruptcy consultations in the Sacramento and Roseville areas. I have meeting locations at 12th and K Street, Ninth Street, Campus Commons, Laguna Springs Drive, Douglas Boulevard, Highland Pointe Drive, and Iron Point Road in Folsom. Additionally, as always I can arrange to meet with you for a free bankruptcy consultation at your residence.

I offer the lowest fees for Chapter 7 and Chapter 13 cases to stop Wage Garnishments, Collections, Reposessions, and Foreclosures. Please call at 916-761-8166 in the Sacramento area and 530-265-2939 in the Grass Valley/Nevada City/Auburn area

Of course, it is a great hardship to lose 25% of your paycheck to a Wage Garnishment. If your employer gives you a notice of garnishment you have ten days before you will lose 25% of your next check. During holidays this can be even more of à hardship. Last week I filed Chapter 7 bankruptcies for debtors that had been served with Garnishments and they received their full wages. I will do this on an emergency basis and give notice to the sheriff to stop the garnishment.

An experienced Attorney will help you keep your assets even when you file for Chapter 7 Bankruptcy. This is accomplished by using à system of exemptions. Over 27 years representing clients in bankruptcy, only à handful have had to surrender ANY assets. Even if assets are non-exempt now, I can help you legally do Bankruptcy Planning that will let you keep your assets in a future filing. So, keep your vehicles, your residence, your retirement, your tax refund, or even cash, while you discharge your ovetwhelming debts in Bankruptcy.

The availability of credit after you have filed for bankruptcy has changed over the years. I used to know my clients had recovered when I would get daily calls asking for documents so that a former bankruptcy client could qualify for a mortgage on their new home. Since the credit crisis of 2008, qualifying for new credit has become more complicated.
The bankruptcy court allows you to reaffirm debts such as your home mortgage or a financed vehicle. This also helps you establish a post-bankruptcy credit record. Former clients also have reported success when applying for credit from Capital One, Barclays Bank or Credit One Bank. Financing a new or used vehicle can also rebuild your credit.
Most bankruptcy cliënts say they do not want to get caught up in credit again after they have gotten reliëf from overwhelming debt. But you can learn from your negative credit experiences and set out after Bankruptcy to rebuild your credit responsibly. The court requires that you complete a debtors education class online in order to gain your Bankruptcy discharge. Bankruptcy has always been intended to give people a “fresh start”. It can give you the opportunity to rebuild your financial situation in a way that fits with your lifestyle and future.

If you have notice of a foreclosure sale on your property, Chapter 7 and Chapter 13 Bankruptcy will stop the sale. Even if the sale is scheduled for tomorrow, I can make an emergency filing to stop the sale. Then you can propose a Chapter 13 plan to cure your arrearage or you can file a Chapter 7 and delay the sale while you pursue a loan modification. New legislation in California makes it more difficult for lenders to foreclose or can buy you time to sell or relocate. I can help you strategize to take full advantage of your legal options. Email me by the contact icon at the top of the webpage or at stanleyberman@yahoo.com

Of course it is upsetting to face financial problems during the Holiday Season. If you need advise about your options to deal with problems like garnishments, foreclosures, lawsuits, or collectors use the contact part of this website to email me and I will be more than happy to come to your residence to discuss your options without charge. If you should need professional assistance my fees are guaranteed to be the lowest in the area.

If you have a second mortgage that is not secured you can benefit enormously by a Chapter 13 Bankruptcy.  You need to know the present value of your house.  Home prices in Nevada County, Placer County, and Sacramento County are predicted to rise by up to 20% in the next year.  Look on zillow.com or order a realtor’s appraisal.  If the present value if less than what you owe on your first mortgage, then the second mortgage is unsecured.  Lien stripping is the process of eliminating the second mortgage.  When you complete your Chapter 13 Plan the second mortgage is removed as a lien on the property.  The Chapter 13 Plan requires that you pay all of your excess income into the plan for three to five years.  The process of determining what you must pay is known as means testing.  Our office can determine what your plan payment will be.  Even if the home has increased in value during the life of the plan the lien stripping is effective.  So you can see that rising prices effect your chance to accomplish lien stripping.  You need to consider that your home’s value could rise to a value that means that your second mortgage is no longer unsecured.  So time is of the essence in a rising home market.  I welcome your call at 530-265-2939 if you want a free consultation to discuss this process.

Home prices in Nevada, Placer and Sacramento County are on the rise.  There are some predictions that rises of over 20% will happen in the next year.  In the bankruptcy field, this means that the opportunity to eliminate your second mortgage may disappear.  This process is known as “lien stripping”.  When you file for a Chapter 13 and your second mortgage is unsecured ( that is your house is not worth more than the amount of your first mortgage), by completing your Chapter 13 Plan, you can gain the elimination of the unsecured second mortgage.  At the end of the Plan the second mortgage lien is reconveyed back to you and removed from the County Record.  This can be a big financial benefit, sometimes mortgages over $200,000 can be eliminated.  

Perhaps you took out a sub-prime mortgage and your payments are rising.  Often these arrangements involved creating a second mortgage that is now unsecured.  THe time to act is when the home prices have not yet recovered, if they ever will.  If you are facing a Notice of Default or foreclosure sale date you can avoid that disaster by filing for a Debt Reorganization Plan in Chapter 13.  Your arrearage in mortgage payments are spread over 36 to 60 months while you make your regular payments.  This can save the home you love and where your children have grown.  It worth exploring and I will be glad to talk with you free of charge in person or on the phone about these options.  I have been doing this locally for twenty-seven years.  Call me at 530-265-2939  Stan Berman