The Law Offices of Steers and Associates can help with your West Hollywood bankruptcy questions. Please set up a free consultation to learn more:
Law Offices of Steers & Associates
5900 Sepulveda Blvd., Suite 270
Sherman Oaks, CA 91411
Monday, Tuesday, Wednesday, Thursday, Friday 9:00am – 5:30pm
Filing for bankruptcy isn’t something anyone ever hopes to do, and the decision to do so never comes easily.
If you’re considering bankruptcy, please feel free to visit some of these resources on our website:
- The Guide to California Bankruptcy
- Our personalized bankruptcy evaluation form
- FAQs on our bankruptcy blog
Choosing a West Hollywood Bankruptcy Lawyer
Elena Steers can help you throughout the entire process. She has a long and varied history with the process, with experience working as a Bankruptcy Trustee Assistant at the Office of the Chapter 13 Trustee in Los Angeles where she reviewed bankruptcy filing submissions, and representing creditors pursing debt collections with a respected Los Angeles law firm. She is also a current member of the National Association of Consumer Bankruptcy Attorneys. With inside knowledge of all the details involved in both Chapter 7 and Chapter 13 bankruptcy, Elena Steers in more than qualified to assist you in your bankruptcy proceedings.
Choosing Chapter 7 vs Chapter 13 Bankruptcy in West Hollywood
Chapter 7 bankruptcy, often called liquidation, can help you eliminate your debt and offer you a fresh start. A trustee will collect all of your eligible assets and sell them off in order to pay your debts. Some of your assets may be protected, meaning you likely won’t lose your home, car, or retirement funds. Filing for chapter 7 bankruptcy immediately stops all creditors debt collection efforts.
Chapter 13 bankruptcy is a reorganization, rather than liquidation, and is designed for individuals who are currently earning regular income, but unable to pay of their debts. By filing chapter 13, a payments plan is designed to pay off as much as your current debt as possible by using your future earnings. This can help protect you from foreclosure on your home, catch up on missed payments towards your car loan or mortgage, or repay back taxes.
About West Hollywood California
Despite being world famous as the birthing place of modern film, West Hollywood is rather small in size, covering just 1.9 square miles. Ironically, West Hollywood wasn’t incorporated until 1984.
In that tiny area, there are plenty of restaurants, clubs, shops and hotels, which cater to both locals and tourists alike. West Hollywood is home to the renowned Sunset Strip, a 1.2 mile stretch of Sunset Boulevard that winds through West Hollywood between Hollywood and Beverly Hills. Nearly 35,000 people call West Hollywood home, and together their average household income is just over $53,000 per year.
West Hollywood is home to many celebrities, and is known for tourists scanning the streets in search of their favorite star.