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I’m Mike Chekian, your helpful bankruptcy lawyer, and this is my talk about what bankruptcy Chapter 7 can do for you. I’ve been doing this for 27 years and I’ve helped hundreds of clients get rid of debt. If you have money problems, have you ever stopped to think about how your life would change…

Hi, I’m Michael Chekian, one of the top bankruptcy lawyers in Los Angeles.  I’m here today to explain to you what it means to have a debt free life. It means not having to worry at the end of every month how to pay your bills.  It means having a little extra to go to…

Hi, I’m Michael Chekian, your friendly veteran bankruptcy lawyer.  Have you ever heard your grandmother say, “Don’t you ever file bankruptcy, it’s just too embarrassing!” Well, I love my grandmother just like I’m sure you do, but we don’t live in her world anymore.  There really is very little negative stigma to bankruptcy in today’s…

Hi, I’m Michael Chekian, your compassionate bankruptcy lawyer.  I know what stress can do to people.  It can cripple you, and I’ve suffered the consequences of it as well. Often we don’t even realize how it damages our relationships, our work performance and our general quality of life. As a consumer debtor bankruptcy lawyer, I…

Hi, I’m Michael Chekian, your friendly bankruptcy lawyer, here with good news about court hearings during the pandemic. If you don’t like the hassle, time, expense and anxiety of having to go to a court hearing to see a court trustee or judge, you are in luck! During spring and summer 2020, all bankruptcy court…

I’m Michael Chekian, your certified specialist bankruptcy lawyer, and I’d love to tell you about how I counsel clients who need to exit their small companies which are in financial distress. The first issue is to determine if the company is perpetually flawed and cannot climb out of the financial hole it’s in.  The problem…

Hi I’m Michael Chekian, your friendly bankruptcy lawyer, and today I want to talk about the new Chapter 11 Subchapter 5, or as I call it, mini-Chapter 11. Traditional Chapter 11’s work well for large corporations who need to reorganize and reemerge as leaner, less debt heavy companies.  It is an efficient way for these…

I’m Michael Chekian, your friendly bankruptcy lawyer and this is Covid 19 news as of June 2020 in Southern California. As of June 2020, individual bankruptcy filings are down in the Los Angeles area due to relief payments to consumers and restrictions on evictions, foreclosures and collection lawsuits. Corporate bankruptcies are on the rise and…

I’m Michael Chekian, your friendly bankruptcy lawyer, and I want to help you file your own bankruptcy.  Bankruptcy isn’t nearly as complicated as most lawyers would lead you to believe. Many lawyers will try to scare you into thinking that you cannot file the case yourself and that it is some mystical incomprehensible process. It…

Now say you filed your Chapter 7 case. Maybe you are making $50,000 per as a single person or $70,000 per year as a married couple but you just can’t afford to pay back your bills.              What do you expect next after your case is filed? You will be required to perform a second…

Now suppose you filed a Chapter 13 case. Maybe you and your spouse fell behind on your home mortgage payments and were facing a foreclosure. The filing of the Chapter 13 stops the foreclosure sale.              So what happens next? You will be required to attend a meeting of creditors about 30 days after the…

Whether you file Chapter 7, 13, or 11, you are required to attend a hearing called the Meeting of Creditors. Don’t be alarmed or intimidated. It is not a difficult process as long as you are reasonably prepared. Here is a sampling of questions and answers.              Here are some tips from an experienced bankruptcy…

Here is a little bit about financial programs in California to help you in the wake of the Coronavirus pandemic. Evictions:  About 14 cities in California have issued temporary bans on evictions, but those are under review and being challenged by landlords to make sure their needs are met to pay mortgages and property taxes….

Here is a little information about Coronavirus and your debts.  The important thing to remember is do not panic.  Stay calm, stay safe and healthy.  Remember that a lot of people are going through the same thing as you.  This too shall pass, and the world including your world will adapt and there will be…

Here is a little information about Coronavirus and the bankruptcy courts. Many friends, colleagues and clients of mine want to know if the bankruptcy courts are closed down in the wake of the Coronavirus pandemic.  The answer is a resounding no. As the chief bankruptcy judge in our district put it, “Now people need the…