I am very happy to have a new start and really appreciate Rinne Legal's help processing my bankruptcy. The Rinne Legal Team was always there for me when I had a question.
Oliver C., Antioch, California
Rinne Legal is your local bankruptcy law firm in the Bay Area.
My name is Michael Rinne and my team and I will assist you during your Chapter 7 or Chapter 13 bankruptcy process. As a experienced bankruptcy attorney with offices in Walnut Creek and Pleasanton clients often as me if filing for bankruptcy is the right thing to do. We know you are hard-working Americans and want to pay off your debt, but sometimes your income just does not let you cover your bills. Filing for bankruptcy can be your way to a fresh start.
Bay Area bankruptcy attorney
Having lived and worked in the Bay Area for several years, I maintain relationships with our clients in Walnut Creek, Fairfield, San Francisco and Pleasanton. We offer bankruptcy services in Contra Costa and Solano county. The first bankruptcy consultation is free.
Are you thinking about filing Bankruptcy ?
Filing for Chapter 7 and Chapter 13 can be intimidating, but it is much easier than you think when you have the right professional by your side. With the economic downturn of the least years, many Americans are facing unemployment. Loss of income is one of the main reasons for filing for bankruptcy in California. When you loose your job, but your bills continue to come in and your mortgage needs to be paid off, filing for Chapter 7 or Chapter 13 is an option for you. It can happen to all of us: You are not alone with your debt.
Should you feel guilty?
Our economy is based on consumer spending. Approximately 70% of the United States' gross national product comes from consumers, who spend their hard-earned money on products and services. Spending has been advocated as a national duty by politicians for the past twenty years. Wherever we go are told “buy, buy, buy”. In recent years credit card companies have aggressively targeted even those consumers who should not have qualified for a credit card because of their debt-to-income ratio. Billions of credit applications are being sent every year to consumers without any meaningful credit checks in place. Consumers with low credit scores and young people have been targeted especially heavily in recent years. Credit card companies count on their future earning potential and expect that parents will pay if their children default.
Until recently, credit was readily available and it made it easy to live beyond one’s means. However, the downturn in the housing marked forced thousands of hard-working and modest people to use their credit cards as emergency funds to supplement their income. Mortgages adjusted and higher payments had to be paid while income had gone down.
Bailout for Consumers
We have seen huge government bailouts of financial institutions who took on too much risk in the past. All of the money for these bailouts has to be shouldered by the taxpayer who in turn has not seen any meaningful relief from the bailout. Banks in general have not become more cooperative when it comes to giving consumers a break with their mortgages despite receiving billions of dollars. The Bankruptcy Code provides protection and as such acts as a bailout for consumers who are overburdened by debt and are not given a break from their creditors.
There is no need for the consumer to feel guilty about filing for bankruptcy. Large credit card companies treat bankruptcy only as the cost of doing business.
We are bankruptcy attorneys in Walnut Creek, San Francisco, Sacramento, Contra Costa and the Bay Area. As bankruptcy lawyers in Fairfield, Walnut Creek and Sacramento, we serve clients in Northern California. We serve bankruptcy clients in Contra Costa County, Sacramento County, Solano County and surrounding counties. As Contra Costa bankruptcy lawyers, we are witnessing the rise in foreclosures in the cities of Antioch, Pitsburgh, Brentwood, Oakley and Concord.
We also have offices in Walnut Creek and Pleasanton.