San Diego Bankruptcy Attorneys

Trusted Legal Representation for

San Diego Bankruptcy Law

If you are facing wage garnishment, foreclosure, or drowning in debt, bankruptcy may provide the relief you and your family are looking for.


At Sy and Smith, L.P., we are dedicated to helping individuals and families get debt relief and improve their quality of life. No matter your circumstances, we will take the time to discuss your options and the protections bankruptcy may offer.

Interested in how our bankruptcy attorneys can help create a fresh financial start? 

Contact us: 858-746-9554.

Chapter 7 And 13 Bankruptcy: The Basics:

Typically, consumers struggling with debt will choose to file either Chapter 7 or Chapter 13 bankruptcy. Understanding the differences between the two is crucial in order to figure out which one will serve your needs better.

Essentially, during Chapter 7, a bankruptcy trustee will sell ― or liquidate ― your assets and divide the proceeds between your creditors. Importantly, some of your assets can be protected from this process, including a predetermined amount of equity in your home and some personal belongings. Following a Chapter 7 bankruptcy, the majority of your debts will be discharged, meaning you no longer are responsible for paying them.

Alternatively, a Chapter 13 bankruptcy involves the reorganization of your debt and a repayment plan that generally lasts three to five years. In many cases, you will even be able to discharge a certain percentage of unsecured debt such as credit card debt.


Also, unlike Chapter 7, you do not have to surrender your assets to pay creditors, which means you will likely be able to keep your property so long as you stick to the payment plan.

San Diego Bankruptcy Attorney
San Diego Bankruptcy Attorney