Los Angeles and all of Southern California Bankruptcy Attorney Law Firm | Borowitz & Clark

Will I lose my home and car if I file for bankruptcy in California?

False. In California, the vast majority of Chapter 7 filings are 'no-asset' cases, meaning you keep everything. We utilize California’s generous System 1 and System 2 exemptions to protect your home equity, vehicle, and retirement accounts.

Will bankruptcy ruin my credit score forever?

False. Bankruptcy acts as a stop to the damage caused by missed payments. Most clients see their credit scores rebound to the 700 range within 12 to 24 months after discharge, provided they follow post-bankruptcy rebuilding steps.

Do I make too much money to file for bankruptcy?

False. The Means Test allows for deductions like mortgage payments and taxes. Even if you don't qualify for Chapter 7, Chapter 13 allows you to consolidate debts into an interest-free repayment plan that fits your budget.

Will everyone know I filed for bankruptcy?

False. While bankruptcy is a matter of public record, it is not published in local newspapers. Unless you are a celebrity, the only people who will know are your creditors and those you choose to tell.

Can I discharge tax debt in bankruptcy?

It depends. Income tax debt can often be discharged if it meets specific criteria, such as the debt being at least 3 years old and returns having been filed on time.

What type of law does Borowitz & Clark specialize in?

Borowitz & Clark is a consumer bankruptcy law firm. They focus on helping individuals with debt relief, especially through Chapter 7 and Chapter 13 bankruptcy, as well as debt negotiation and other options.

How many people has the firm helped and since when?

Since 1998, the firm has helped over 40,000 people in Southern California get out of debt.

Do I need to come to the office to get started, or can I consult virtually?

You can schedule a **100% virtual consultation** — the firm offers remote consultations so you don’t necessarily need to come into the office.