Bankruptcy Cases Still On The Decline
At the beginning of the in 2020 pandemic many experts predicted a wave of bankruptcy filings that would set new records. Early on the number of bankruptcy cases dropped significantly. This was explained by the lockdowns and other measures that made it difficult to meet with a bankruptcy attorney. However, as time has passed the number of people filing bankruptcy have not rebounded. The number of bankruptcy cases still has not come back to pre-pandemic numbers. In fact, bankruptcy filings are only a fraction of what they used to be. Keeping with this trend the number of bankruptcy filings in September 2021
Bankruptcy Filings On The Rise
Bankruptcy Filings Are Up for March and April Bankruptcy filings in 2021 continue to be down compared to the same period in 2020. However, the filing trends over the last two months of March and April show that bankruptcy filings are on the rise. As the pandemic nears its end, it appears as if more and more individuals are returning to filing bankruptcy cases to clear up old debt and to get a new financial start. When the pandemic started, many attorneys assumed that it would result in a historic wave of bankruptcy filings. Instead, the opposite has happened so far. The
Valuations in Bankruptcy
The value of most personal items is placed at a "garage sale" type of value. Essentially, if you had to get rid of it today, what is a dollar amount that you could get for the asset.
Low Fees w/ Payment Plan Options
The attorneys at MacLean Chung Law Firm know that it is always difficult to come up with the fees to file your case. That is why we do everything we can to keep your fees at the lowest possible. If you need a payment plan we can set that up for you. Call around and then call us and you will see that our combination of professionalism, service and low fees cannot be matched.
Why Choose MacLean Chung Law Firm?
Our attorneys have more than 30 years total combined experience. We have helped thousands of people file for bankruptcy and have a success rate that exceeds 99%. Our fees are one of the lowest in Southern California with payment plans available. We are the only law firm in Los Angeles County to guarantee your Chapter 7 bankruptcy case. Our free bankruptcy consultation is the most informative in the industry. Our attorneys will take the time to explain the details of the bankruptcy process and give you an honest analysis of your case. Contact our office to schedule a free consultation with an