Legal Question in Bankruptcy in California

You have a couple of options. The option you choose will depend on your ability to pay.

Option 1: Negotiate settlements with the banks. You can submit a hardship letter and ask for a 1 time payoff amount.

Option 2: You can file bankruptcy to discharge the debt.

Option 3: You can do nothing.

There are pros and cons to each option. Your particular circumstances will dictate which option you choose and a qualified bankruptcy attorney will help you decide which option to choose.

Please feel free to call me to discuss further. I provide a free initial consultation to help you decide your future.