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The Bankruptcy Law Firm
10524 W. Pico Blvd.
Los Angeles, CA 90064
Phone: (310) 559-9224
Fax: (310) 559-9133
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Attorney March and her excellent staff were very professional and took the time to make sure we understood every step of the bankruptcy process. We chose Attorney March based on her reputation as a former bankruptcy judge and her extremely informative website. Anytime we had a question or concern Attorney March was there with an immediate answer. Our case went so smoothly based on the knowledge and dedication of this firm. We highly recommend "The Bankruptcy Law Firm".
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 Distirct 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 Mortages/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.
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Los Angeles Bankruptcy Lawyer Disclaimer: The information on los angeles bankruptcy law, filing bankruptcy in Los Angeles, Chapter 7 bankruptcy, personal bankruptcy, Chapter 13 bankruptcy, Chapter 11 bankruptcy, credit card bankruptcy, and other bankruptcy legal 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 Los Angeles bankruptcy attorney Kathleen P. March, Esq. The Bankruptcy Law Firm, PC uses a written contract for each bankrkuptcy client and will only be representing you in your Los Angeles bankruptcy matter if you and the law firm sign a written legal representation contract and you pay Bankruptcy law firm for the bankruptcy legal services it performs for you. Information on this bankruptcy los angeles law firm web site is provided for informational and educational purposes only. 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 The Bankruptcy Law Firm, PC, for your free first consult to find out whether our Los Angeles Bankruptcy Attorneys 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.
Kathleen P. March - Los Angeles Bankruptcy Lawyer, and Former Bankruptcy Judge - claims the copyright (2002-2009) to the content of all pages on www.bkylawfirm.com. All rights reserved.