Southern California bankruptcy attorney relates the story of the character played by Ben Affleck in the film, The Company Men, to average men and women facing the loss of a job
Ben Affleck, a native of our own California, recently starred in The Company Men, alongside Tommy Lee Jones, Chris Cooper, and Kevin Costner. The film tells the stories of three men named Bobby Walker (Ben Affleck), Gene McClary (Tommy Lee Jones), and Phil Woodward (Chris Cooper) who are businessmen at the GTX Corporation but lose their jobs due to corporate downsizing. The drama is meant to reflect the economical state the US was going through in the late 2000s.
In the film, Bobby Walker discovers the hardships of losing his six-figure job. Walker’s golf club membership is canceled, and he is forced to sell his house–located in the beautiful suburbs–and his new Porsche. Unable to find work anywhere else, Walker reluctantly turns to the house building job his brother-in-law, Jack (Kevin Costner), offers him. The film accurately portrays the struggle that many Americans go through when they find themselves unexpectedly unemployed.
Walker, fortunately, was able to get back on his feet in the end thanks to help from his family. For people who cannot catch a break as Walker did, bankruptcy attorney David Lozano offers his services! The Law Offices of David Lozano can help you cope with the loss of a job and prevent foreclosure! Had Walker gone to a bankruptcy lawyer, he may have been able to keep his home and Porsche! Contact me or visit one of our Lancaster, West Covina, or Ontario locations for a free consultation!
The lesser known downside of foreclosure (Ontario attorney David Lozano is looking out for you and your neighbors!)
As a bankruptcy attorney I advocate preventing foreclosure to individuals who would like to keep their home despite the financial trouble they are going through, as I expressed in a few of my previous blogs–Do you have questions about foreclosure and how to prevent it?, Do you want to avoid foreclosure in Southern California?, and Want to keep your home, car, and personal possessions despite your debt? Apart from losing your home and having to find a new place to live, foreclosure has another downside.
Boarded-up windows and a yard that has fallen into disrepair doesn’t make for a pretty sight on a tour of the neighborhood. Oftentimes the property value of the houses surrounding the foreclosed house suffer due to the state of the neglected house. That’s not all though! Foreclosed houses might not draw people in the market for a house, but they do draw some attention–from criminals! According to Foreclosure Link To Abandoned Houses And Crime, California ranks second in the national foreclosure rate at a ratio of 1:88.
No one wants to see crime in their neighborhood! In order to avoid an increase in crime and prevent foreclosure, contact me or visit our Ontario office for a free consultation! Together we can find a way for you to keep your house and get a fresh start!
Wondering what to do about the home when going through divorce and bankruptcy? (Los Angeles attorney David Lozano offers his help to divorced couples!)
Not too long ago I wrote about how divorce is one of the three leading causes of bankruptcy–along with medical bills and the loss of a job–in Wondering what you should do when dealing with divorce as well as bankruptcy? (Los Angeles attorney David Lozano offers his advice!) And earlier in the year I wrote a blog entitled, Does filing bankruptcy lead to divorce? Today I’d like to discuss situations that may arise when going through divorce and bankruptcy.
Married couples who are considering or have already gotten a divorce sometimes find themselves in a fix when it comes to what to do about the home. Oftentimes neither spouse can afford to keep the house or apartment on their own. In cases like this, couples may end up living together out of necessity, staying at opposite corners of the house or on separate floors as much as possible. Couples will even try to avoid filing bankruptcy by putting their home up for sale, hoping to make enough money to pay off the mortgage, so that they can buy new homes. Many times the couple is forced to dramatically lower the price of the home to avoid foreclosure, even settling for a price far below the retail value.
In a situation like this, I urge couples to contact me or visit one of our Lancaster, Ontario, or West Covina office locations for a free consultation! With the help of a bankruptcy attorney, the couple may have better luck getting the house sold at a fair price or keeping the house, if they so desire!
Your pets can be affected by foreclosure, too! (Bankruptcy attorney David Lozano wants to help both you and your pets through debt!)
In a time when prices are on the rise and employment options are scarce and selective, there is one aspect of people’s lives that they are still spending their money on–their pets! Pets often become a part of the family. A dog or a cat is the equivalent to a child to many people and, like good parents, they tend to all their little one’s needs.
According to APPMA’s 2009-2010 National Pet Owners Survey, the number of dogs and cats owned in the United States was approximately 77.5 million dogs and 93.6 million cats with an estimated $47.7 billion spent on these pets. Pet food and regular veterinary care make up a large portion of this figure, but Americans are spending a decent chunk of change on pampering their pets as well. Pet beds, toys, treats, cosmetics, even clothing make for high selling products in the pet industry.
While this may indicate that pet care is the industry to be in, there’s a downside to all this spending. Sometimes when pet owners are down to their last penny and their home is foreclosed, the family pet gets left behind. This has happened often enough that these pets are being called foreclosure pets.
It’s unclear what the family is thinking, whether they fear the animal will be put down if they take it to a facility or simply cannot bear to see their beloved pet at a shelter. Although taking the animal to a humane society location or the animal shelter is better for the pet. At least the animal has a chance of finding a new home and loving family.
Of course the best solution would be to prevent foreclosure and keep the pet, especially given the current stress the owner is going through. It has been proven that pets help reduced stress, which in turn lowers the risk of stress-related health problems. It’s true! If you take care of your pets, they will take care of you! Contact me for a free consultation, together we can figure out a solution that has you and your pet’s best interest in mind!
To cope with the current state of our economy people will often take on extra shifts at work or cut back on frivolous spending. But what about individuals who are retired and their frivolous spending consists solely of buying the grandkids holiday and birthday gifts? That’s right, I’m talking about generous Grandmas and Grandpas here!
The elderly are struggling with debt just as much as the rest of society. A common assumption has been that social security and a good 401(k) plan will be enough to support the elderly after retirement. What I’ve seen happening more and more frequently, however, is elderly folks dipping into their savings for the sake of their children and grandchildren.
Supporting ones children is a hard habit to break. So when Mom and Dad see their son or daughter low on cash, struggling with unemployment, beset with unexpected hospital bills, or in need, the automatic response is to help out.
Lending cash when one is on a fixed income is difficult though. Many elderly men and women turn to borrowing against the equity on their house or relying on credit cards to get by. Unfortunately, both of these methods lead to trouble! Taking out a second mortgage can easily result in foreclosure and missing a few payments on the credit card quickly develops into hefty credit card debt. The elderly may even go without prescribed medication or scrimp on food in an effort to keep up with their bills.
No one likes the thought of dear old Grandma and Grandpa risking their health and comfortable living during retirement! That’s why it is important that elderly individuals get professional financial advice before it comes to that!
Bankruptcy was designed to give people relief from their debt! Mom and Dad have been taking care of you all your life! It’s probably about time to return the favor. Contact me for a free consultation. Together we will make sure that your elderly loved ones can enjoy their retirement to the fullest!
Want to keep your home, car, and personal possessions despite your debt? (Los Angeles bankruptcy attorney David Lozano can make it happen!)
Bankruptcy laws were designed to benefit you, the average Californian! Bankruptcy is granted by a federal court to either businesses or individuals who are in debt and need a fresh start or an extension on their payment deadlines. There are several kinds of bankruptcy options, such as Chapter 7 and Chapter 13, but deciding which type to file is simple with bankruptcy attorney David Lozano’s assistance!
David Lozano will outline what is involved in the bankruptcy process step-by-step before you file bankruptcy so that you know what to expect. A concern that has been raised thousands of times by clients is whether they will lose their home, car, or other possessions which they hold dear. I am happy to tell you that as long as you are upfront about listing all the assets you own, there is very little risk of losing your possessions and property.
The idea that bankruptcy automatically leads to the loss of your possessions is a myth! In most cases your home, car, and personal possessions are exempt from being repossessed. David Lozano wants you to know beforehand what is going to happen when you file bankruptcy in order to ease your worries! So stop by one of our offices in West Covina, Ontario, or Lancaster for a free consultation!
As a Californian bankruptcy attorney, I’ve heard almost every kind of concern people dealing with debt have. One of the common concerns is that creditors will continue to contact you even after you’ve filed bankruptcy. This is a myth!
Once you file bankruptcy an “automatic stay” is put in place, which means creditors aren’t allowed to contact you. This puts an end to the constant calls and letters! It also prevents foreclosure and lawsuit attempts.
Bankruptcy laws were designed to give you a chance to get your life back in order. With the Law Offices of David Lozano, your fresh start can be made without creditors banging on your door demanding money! Contact me for a free consultation, so that you can get started on turning your financial situation around!
Do you have questions about foreclosure and how to prevent it? (Los Angeles Bankruptcy attorney David Lozano has the answers!)
David Lozano is a Los Angeles bankruptcy lawyer, but he is also well-versed in the foreclosure laws of California. With this knowledge I am able to answer the any questions my clients may have about foreclosure and how to prevent it. There are drawbacks to foreclosure that you might not know about, which I make clear to every client that walks through my door.
The first and foremost thing I tell clients, which you are probably well aware of already, is that your house will be repossessed and put on the market to be sold by your mortgage lender. Then you have to go through the process of searching for a new place to live, but there’s more to it than that. You are now at a disadvantage when it comes to finding a landlord that will rent out a home or apartment to you.
Clients also wish to know if there are alternative options besides foreclosure and bankruptcy. The answer is yes. You can try to refinance your home to get a lower interest rate, reduce your loan payment, or get an extension of the loan term. There is also something called a short sale and what is known as a “deed in lieu of foreclosure”.
A short sale allows the owner to sell their house even if it is for less than the amount they owe the mortgage lender. In some cases, the rest of the debt owed is waived because the lender does not wish to spend, and possibly lose, money on the foreclosure process.
A “deed in lieu of foreclosure” simply means the owner relinquishes ownership of their house to the lender. There are no strings attached, leaving the lender to sell the house for what they can while the previous owner no longer owes the lender anything!
During a free consultation, I will help advise you on which option would be best for your situation. I encourage you to keep in mind, though, that if you choose bankruptcy you get to keep your house! Not only that, you don’t have to worry about the repercussions that come with foreclosure! So why not contact me now for your free debt consultation? I guarantee you will be happy you did!
Home is where you wish to stay? No problem!
Deciding what to do about crushing debt is a difficult undertaking for the average Californian. Despite the unpleasant nature of the topic, a decision needs to be made so that you can stop worrying and get back to enjoying life!
One of the most common concerns people have when it comes to settling their debt is foreclosure. Let’s face it, California foreclosure laws are enough to make anybody’s head spin! Rest assured, though: Lancaster, California, bankruptcy attorney David Lozano knows how to prevent foreclosure! Even if you’ve already received a Notice of Default or Notice of Sale, you are still eligible to file bankruptcy, which will stop the foreclosure process dead in its tracks!
They say home is where the heart is, and there’s probably some sentimental value in those good old bricks and mortar. It’s more than just where you live. It’s about a sense of security in familiar surroundings. It’s the place where you grew up, your first home as an independent adult, or where you’ve raised your family. It’s about the location or simply not wanting to hassle with finding a new place to live in a good neighborhood where you will have to start all over again. Whatever the reason, I understand that you don’t want to part with your home!
So please talk to me today! My mission is to help you get through all your woes concerning debt until your financial future is as clean as a whistle!
In my first two posts, I introduced myself and presented you with some recent news in the bankruptcy world. Perhaps it’s now time for me to share with you the purpose of this blog.
The main reason I am writing is that I know a lot of people have specific questions right here, right now, and they need help. (If you do not find the answer to your question here, I invite you to look at my main website. Or, better yet, call me and I’ll be happy to set up a time to answer your questions in person.)
I know also that, in these financially trying times, falling behind on bills can happen to anyone. Everyone knows someone who needs help. That’s why we’re one of the most referred bankruptcy practices in Southern California: people know they can send their friends and relatives here with complete peace of mind.
So maybe you have questions and concerns now, maybe you have someone you’d like to refer, or maybe you’re just curious. That’s all fine, and this blog is for you.
Now let me assure you in no uncertain terms, there is no shame in bankruptcy. Declaring bankruptcy is simply a way to put yourself back on the right track. It is taking responsibility by not allowing debt to run your life for you.
You have probably gone the extra mile and stretched your fair share of dollars at one time or another in your lifetime. It’s when your dollars are overstretched and creditors are still demanding more money that I offer my services.
Unforeseen circumstance happen, that’s a fact of life, and many of them come with big bills! You name it: medical bills for you or your family, an unexpected pay cut or a lost job, divorce, family crisis, a car accident that totals your car–anything can happen.
When the bills start piling up, you can take comfort in the fact that our practice is only a phone call away! I guarantee that after your free debt consultation, things will look a lot more manageable and a lot more promising!