California Bankruptcy and Debt Relief Lawyers

Law Offices of Michael H. Raichelson

6400 Canoga Avenue, Suite 352 Woodland Hills, California 91367 USA

 (818) 921-7306 or (888) 367-5012
 (818) 444-7776

www.cabkattorney.com
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Law Firm Overview Free Consultation

The Law Offices of Michael H. Raichelson focuses heavily on the needs of individuals, families and businesses that are financially paralyzed by debts. We believe everyone deserves a break. Our skilled California bankruptcy lawyers know how to get you a fresh start if you qualify for bankruptcy, and most people do.

Michael H. Raichelson has more than 16 years of legal experience in California and throughout the United States. After counseling over a thousand individuals and businesses regarding their debt problems and solutions, he can handle your personal or corporate bankruptcy, no matter how simple or complex it might be, and get you the best results possible.

Among The Law Offices of Michael H. Raichelson's advantages: We are experienced. We have a proven track record of success and get our clients the best results possible. We know how to get our clients a discharge if they qualify. We charge reasonable fees compared to the competition. We offer free initial consultations. We meet with you personally. We give you the attention you need and deserve. We are prompt and return phone calls. and We can file your bankruptcy on short notice.

Practice Areas

Practice Areas Description

- Bankruptcy

The U.S. Bankruptcy Code provides for several types of debt relief mechanisms depending upon a petitioner's financial circumstances and goals. Bankruptcy does not mean "failure." It does not mean "irresponsible." In many cases, it is an overdue acknowledgment of both a financial problem and its most efficient cure. The Law Offices of Michael H. Raichelson in Woodland Hills, California, is ready to evaluate your financial situation and offer sound advice designed to put you on the road to financial recovery.

- Chapter 11

Chapter 11 may be a costly process, and it is limited to those who have a lot of cash flow or assets but not much savings. A person or business entity that does not qualify for Chapter 7 or Chapter 13 bankruptcy could find Chapter 11 to be a valid option. At The Law Offices of Michael H. Raichelson in Woodland Hills, California, we understand the panic that debt causes our clients. We solve their problems through Chapter 11 bankruptcy. Our experienced and competent California bankruptcy lawyer has the skill and competence to provide favorable results for our clients.

- Chapter 7

When most people talk about bankruptcy, they mean Chapter 7 bankruptcy. It allows people to eliminate most of their debts in a short time, while erecting a legal fence that keeps creditors and bill collectors at bay. At The Law Offices of Michael H. Raichelson, we understand the fears that grip individuals, couples and small-business owners when debt collectors are pounding at the door. We use Chapter 7 to clear their debts and to protect their exempt property.

- Chapter 13

Chapter 13 bankruptcy is often called a "wage earners bankruptcy." The reason is that most people who file are "wage earners" — people who are earning money and not necessarily interested in liquidating assets in exchange for immediate debt forgiveness, as in a Chapter 7 proceeding. Instead, in a Chapter 13 bankruptcy the filer will pay off some past-due and current debts in monthly increments over three to five years according to a reorganization plan and according to what they can reasonably afford. Such debts can include anything from mortgages and car loans to past-due taxes. Also, a Chapter 13 bankruptcy will stop a foreclosure and allow you to make catch up payments over time.

- Lien Stripping

In both Chapter 11 and Chapter 13 of the Bankruptcy Code, the debtor may be able to remove a lien on a property. The process of doing this is called "lien stripping." To lien strip, the debtor must show that the property has no equity to secure the lien. If this happens, the debt will be re-characterized as an unsecured debt, and the lien may be stripped in the bankruptcy.

- Adversary Proceeding

When creditors, bankruptcy trustees or debtors have disputes about the dischargeability of certain debts or the protection of certain assets, an adversary proceeding may result. Either side can file a complaint against the other in bankruptcy court for a variety of reasons. At The Law Offices of Michael H. Raichelson, we represent both creditors and debtors in adversary proceedings.

- Creditors Representation

At The Law Offices of Michael H. Raichelson, we say we represent honest debtors and creditors that are being challenged by dishonest debtors. Bankruptcy litigation is not only about the rights of the person or business that is filing for bankruptcy. Creditors have rights before, and after, a bankruptcy proceeding has begun.

- Asset Protection

Whether you are considering a Chapter 7, Chapter 11 or Chapter 13 bankruptcy, protecting what you have is almost as important as settling your obligations on what you owe. At The Law Offices of Michael H. Raichelson, we protect our clients' assets within the legal limits using the tools of bankruptcy law and the courts.

Attorneys

Mr. Michael H. Raichelson Attorney Debtor and Creditor

More Information on Law Offices of Michael H. Raichelson

Woodland Hills, California Bankruptcy Attorneys
Chapter 11 Bankruptcy Lawyer in Woodland Hills, California
Woodland Hills, CA Chapter 7 Bankruptcy Law Firm
Chapter 13 Bankruptcy Attorney in Woodland Hills, California
Woodland Hills, CA Lien Stripping Lawyer
Adversary Proceeding Law Firm in Woodland Hills, CA
Woodland Hills, CA Creditor Representation Attorney
Asset Protection Lawyer in Woodland Hills, CA
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