The Bankruptcy Law Firm, Prof. Corp

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The Bankruptcy Law Firm, Prof. Corp. - Owned and operated by Attorney Kathleen P. March - Former U.S. Bankruptcy Judge, Los Angeles, California

Home Creditor Bankruptcy Services

The Bankruptcy Law Firm - Los Angeles Bankruptcy

Legal Representation our law firm offers to CREDITORS include:

Filing Relief from Stay Motions for CREDITORS to move to lift the bankruptcy automatic stay so that secured creditors can proceed with foreclosure on real property and repossession and sale of secured collateral, and/or can proceed with lawsuits against persons/entities who have filed bankruptcy

Representing CREDITORS in objecting to confirmation of debtors' proposed Chapter 13 and 11 plans

Representing CREDITORS in bringing all types of adversary proceedings against debtors, including adversary proceedings seeking to keep debts from being discharged in bankruptcy and adversary proceedings seeking to deny Chapter 7 debtors any discharge

Preparing and Filing proofs of claims for CREDITORS; opposing Motions objecting to CREDITOR'S proofs of claim

Bringing an action (11 USC §727 adversary proceeding) in Bankruptcy Court on behalf of a creditor to ask the Bankruptcy Court to deny a discharge to the debtor where a debtor has filed a Chapter 7 bankruptcy and is seeking a Chapter 7 discharge

Bringing an action (11 USC §523 adversary proceeding) in Bankruptcy Court on behalf of a creditor to ask the Bankruptcy Court to hold that creditor's debt "nondischargeable" (ie, not discharged) in the debtor's bankruptcy case

Defending creditors in preference, fraudulent conveyance, and other actions brought against creditors by bankruptcy Trustees in Chapter 7 or 11 cases, and defending creditors in such adversary proceedings brought in Chapter 11 cases by the Chapter 11 "debtor-in-possession".

Representing Creditors in Appeals of Bankruptcy Matters to District Court, Bankruptcy Appellate Panel, Court of Appeals and US Supreme Court

Good News for Secured Creditors: The week of 12/8/09, the US House of Representatives again voted down the proposed legislation to allow bankruptcy judges to modify secured loans on individual debtors' primary residences in Chapter 13 bankruptcy cases. However, because President Obama's requests that mortgage lenders voluntarily modify home mortgages on primary residences that are "under water" has produced few meaningful voluntary modifications, pressure on Congress can be expected to continue, in 2010, and beyond, to pass legislation to force secured lenders to modify home loans.

The National Association of Consumer Bankruptcy Attorneys ("NACBA"), and many other groups championing the rights of consumers vow to keep pushing Congress to enact federal legislation authorizing bankruptcy judges to modify the terms of all loans secured by Mortgages/Deeds of Trust on individuals primary residences.

Under existing federal case law, such as In re Lam, in the Ninth Circuit (which includes California), junior secured loans on individual debtor's primary residences can already be "lienstripped" in Chapter 13 and 11 bankruptcy cases, if the junior secured loan is so far "under water" that it does not even have one dollar of equity available to pay the junior secured loan, after the senior secure loan is paid. With housing prices continuing to fall, more and more junior secured lenders have "no equity" for their loans to attach to, above the senior liens, and thus can be "lienstripped" in Chapter 13 and 11, from secured to general unsecured, through the Chapter 13 or 11 plan, so long as the Bankruptcy Court confirms (approves) the Chapter 13 or 11 plan, and so long as the individual debtor performs the confirmed plan long enough that the Debtor receives a Chapter 13 or 11 discharge.

Free First Consult to Tell You if We Can Help You

Phone Us at (310) 559-9224


The Bankruptcy Law Firm

10524 W. Pico Blvd.
Suite 212
Los Angeles, CA 90064

Phone: (310) 559-9224
Fax: (310) 559-9133

Email:
kmarch@bkylawfirm.com

Website:
www.bkylawfirm.com

You can contract with The Bankruptcy Law Firm, PC, with confidence, because The Bankruptcy Law Firm, PC is a member of the Better Business Bureau, and has met all requirements for being certified by the Better Business Bureau as a reliable business. Click on the BBB logo above to confirm The Bankruptcy Law Firm's certification by the BBB.

Member of National Association of Consumer Bankruptcy Attorneys

Los Angeles Bankruptcy Attorney Disclaimer: The information on los angeles bankruptcy law, filing bankruptcy, and other Los Angeles Bankruptcy information presented at this site does not constitute legal advice and does not create any attorney-client relationship or contract of any kind with the Bankruptcy Law Firm, PC or bankruptcy lawyer Kathleen P. March, Esq. The Bankruptcy Law Firm, PC uses a written contract for each client and will only be representing you if you and the law firm sign a written legal representation contract and you pay law firm for the bankruptcy legal services it performs for you. Information on this law firm web site is provided for informational and educational purposes only. Information herein is not offered as, and does not constitute, legal advice. You should never make legal hiring decisions solely upon web pages, brochures, advertising or other promotional materials. Please contact a Los Angeles bankruptcy lawyer at our bankruptcy los angeles law firm for your free first consult to find out whether our law firm can represent you.

This web site might be characterized as an advertisement under California's State Bar Rules and is not intended to solicit clients for matters outside of the State of California. Always seek the advice of an attorney from your own jurisdiction before relying on information from this site or any web site.

This Bankruptcy Law Firm is a federally designated DEBT RELIEF AGENCY as defined in the 2005 amendments to the US Bankruptcy Code. This law firm provides legal advice regarding the pros and cons of filing bankruptcy and represents people and small businesses in filing for bankruptcy relief under the US Bankruptcy Code. Debt Relief Agency Notice.

Kathleen P. March - Los Angeles Bankruptcy Lawyer and Former Los Angeles Bankruptcy Judge - claims the copyright (2002-2017) to the content of all pages on www.bkylawfirm.com. All rights reserved.