Shanner & Associates: San Diego Bankruptcy Lawyers
Thomas K. (Toby) Shanner has participated in over 1000 bankruptcy proceedings. He began the practice in Mission Valley and specialized in financial issues including bankruptcy and debt settlements.
Toby later added Janet Gutierrez, an attorney experienced in bankruptcy and real property/ landlord and tenant law to his team. Janet and Toby share several qualifications. Both are San Diego born and raised, and both obtained their law degree from California Western University. Each are members of the National Association of Consumer Bankruptcy Attorneys.
Types of Personal Bankruptcy
The U.S. Constitution provides all citizens the right to relieve all or part of their debts when they can no longer meet their obligations to creditors and lenders. The two main types of personal bankruptcy are:
- Chapter 13 bankruptcy: in which citizens may repay all or part of their debt based on a payment plan. The payment plan normally extends over a three to five year time period.
- Chapter 7 bankruptcy: which allows citizens to discharge all or part of their debt. (In situation, “discharge” means the legal elimination of debt..
How to File Bankruptcy in San Diego
Make sure your San Diego bankruptcy lawyer is familiar with all the variables that are part of the Chapter 7 and Chapter 13 bankruptcy processes, and knows how to operate successfully within the San Diego judicial system. It’s best to seek the advice of a local attorney experienced in bankruptcy law. This is the best way to ensure that your paperwork is complete and accurate, and that you are in compliance with all rules and regulations.