LOS ANGELES, Nov. 22, 2011 (GLOBE NEWSWIRE) -- According to marketwatch.com, although foreclosure activity initially decreased between 2010 and 2011, foreclosure activities rose 7 percent between September and October 2011. Default notices rose 10 percent. Stockton, Calif., leads the country in foreclosure listings, while the state of California has eight metropolitan areas among the 20 listed as having the most foreclosure filings in the nation, according to Forbes. Filing for bankruptcy can stop foreclosure proceedings through an automatic stay. Debtors who file for Chapter 7 bankruptcy will receive temporary protection from foreclosure proceedings, while those who file for Chapter 13 bankruptcy may be able to save their homes and catch up on late or missed payments. Los Angeles Bankruptcy Attorney, Hamid Soleimanian, provides legal assistance for filing for bankruptcy.
California bankruptcy attorney Soleimanian has aggressively and honestly represented clients for the past 14 years from one of Los Angeles' most highly respected multi-practice law firms, the Law Office of Hamid Soleimanian. An active member of the California State Bar Association, Soleimanian has been honored with the Amjure Award for Lawyering Skills and Practicum.
Bankruptcy is a constitutionally protected right that provides debtors with a financial fresh start by discharging many or even all of their debts. Bankruptcy provides many valuable protections to petitioners by stopping foreclosure and repossession proceedings and other creditor actions, including wage garnishments. Hamid Soleimanian, bankruptcy lawyer in California, can help debtors who are struggling with excessive debts learn whether or not bankruptcy may be the right option for them.
Whether an individual is filing for Chapter 13 or Chapter 7 bankruptcy, bankruptcy exemptions can protect a percentage of his or her property. These exemptions can be applied to a portion of equity in a home, vehicle, or other personal property. Los Angeles bankruptcy lawyer Hamid Soleimanian helps people determine which bankruptcy is right for their situations and how they can best use exemptions to their advantage.
Contact Mr Soleimanian, Bankruptcy Lawyer Los Angeles
It may be possible to avoid foreclosure through bankruptcy. Hamid Soleimanian, bankruptcy attorney in Los Angeles, helps Californians with personal or business bankruptcy and is dedicated to helping his clients achieve freedom from burdensome debt. Visit http://www.mrlawwiz.com for more information about the services provided by this attorney. You can also call (818) 501-2040 or visit their office at 16633 Ventura Blvd., Suite 503 in Encino, CA 91436.