Orange County Bankruptcy Attorney

Situated along the coast, the over three million residents of Orange County are familiar with bankruptcy. In 1994, the country itself became one of the few counties in the country to file for bankruptcy. While residents have enjoyed financial success over the past few decades, they’ve been hit hard by the recession and mortgage crisis and many than a few have been forced to seek bankruptcy protection.

The Orange County attorneys at McFarlin LLP have successfully handled thousands of bankruptcy cases throughout California’s third most populous county. We are not just OC attorneys – we serve the entire state of California and look forward to helping you get a fresh start.

If you have questions about the process check out our What is Bankruptcy page for more detailed information on bankruptcy. If you have further questions, and would like to speak with one of our lawyers contact us today..

Many firms offer free consultations, with a stopwatch in hand. At McFarlin Law, we offer free consultations, with no time limitations! Our bankruptcy attorneys and staff are available now to assist you.

The first question to answer is “Which Bankruptcy Chapter should I file? Before you consider filing for bankruptcy, its important to understand the different types of protection. There are five categories, but, for the majority of people, Chapters 7 and 13 are the ones that apply.

Chapter 7 is by far the most common type of bankruptcy. Individual consumers or small businesses turn to chapter 7 when they become burdened with debt they simply are not able to pay. When the demands of creditors become unreasonable, chapter 7 is frequently the best solution.

Often mislabeled “liquidation” bankruptcy, in most cases nothing is liquidated and the consumer or small business retains all their possessions

For working people in financial distress, Chapter 13 may be a viable option.  Often referred to as a wage earner’s plan, this form of bankruptcy enables individuals with regular income to present a plan to repay all or part of their debts. Under the Chapter 13, debtors propose a repayment plan for creditors to make installment payments to creditors over a period of up to five years. And, if your current monthly income is less than the applicable state median, the plan may be for three years unless the court approves or requires a longer period of repayment under Chapter 13 Bankruptcy law.

If financial troubles are preventing you from enjoying the beaches, perfect climate and dozens of recreational opportunities in Anaheim, Laguna Beach, Mission Viejo or one of the OC’s many planned communities, the experienced Orange County attorneys at McFarlin LLP can hope you find the solution that best helps you preserve your Southern California lifestyle.