Los Angeles Bankruptcy Attorney

A clear path forward when debt feels impossible

Collection calls, lawsuits, wage garnishment and the threat of foreclosure can make every day feel heavy. Bankruptcy is a legal process designed to give people and businesses a way to reset, and you don't have to figure it out alone.

At Stonewood Law Group P.C., we help individuals, families and business owners across the Greater Los Angeles Area understand their options and choose the right next step. Your first consultation is free. 

Call (213) 457-0497 today. We communicate in English, Spanish, Hebrew, and Armenian, and can work with clients fully remotely.

Is bankruptcy right for you?

You may want to talk with a bankruptcy attorney if you:

• Are falling behind on credit cards, medical bills or personal loans
• Are being sued or contacted constantly by creditors or collectors
• Are facing foreclosure or repossession
• Are having wages garnished
• Are using credit just to cover basic expenses
• Own a business that can't keep up with its debts

Bankruptcy isn't the answer for everyone. We'll go over your full picture and tell you honestly whether it makes sense, or whether another option fits better.

Bankruptcy options we can help you explore

Chapter 7: A fresh start

Chapter 7 can eliminate many types of unsecured debt, such as credit cards and medical bills, often within a few months. There's no cap on how much debt can be discharged, but eligibility depends on your income and other factors. We'll review whether you qualify and what property you can protect.

Chapter 13: Keep your property and catch up

Chapter 13 reorganizes your debts into a manageable repayment plan, usually over three to five years. It can help you stop foreclosure, catch up on missed mortgage or car payments, and keep your assets while you get back on track.

Chapter 11: Reorganization for businesses

Chapter 11 lets a business restructure its debts and keep operating. It's most often used by companies and business owners with larger or more complex financial obligations.

What bankruptcy can do for you

• Stop collection efforts. Once you file, creditors are generally required to stop calling, suing and garnishing.
• Pause foreclosure. Filing can give you time to explore your options for keeping your home.
• Reduce or eliminate debt. Depending on the chapter, you may discharge qualifying debts or repay them on far more manageable terms.
• Give you room to rebuild. Many people begin rebuilding their finances soon after their case is complete.