• Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.

Do I Have To Be Delinquent On My Debts To File Bankruptcy?

An excerpt from Bankruptcy: A New Beginning by Seth Hanson

No, you do not have to be delinquent on your debts to qualify for bankruptcy.

The qualifications for filing bankruptcy are fairly straight forward. First of all, the bankruptcy must be filed in good faith. This issue does not come into play very often, particularly in my practice. Almost all of the people I consult with are good, honest people who are
simply struggling with their debt, due to sickness, job loss, under-employment, divorce or other family problems, or genuine struggles with budgeting. The rare instances the good faith requirement might be tested usually involve several bankruptcy filings close together, lying during the bankruptcy process, concealing assets, or taking out debt without the intent to repay it.

The vast majority of people I consult with have nothing to worry about. I believe I am a very good judge of character. If I have any reservations about representing a particular person, I show them the door. That’s one of the benefits of owning my own firm. I won’t file bankruptcy for someone who I don’t believe is trying to file bankruptcy in good faith.

Another basic qualification for a Chapter 7 bankruptcy is that your income be low enough that you cannot reasonably afford to repay any portion of your general unsecured debt. As you can imagine, there are specific tests to measure your income and the reasonableness of your expenses. But the general principle is that you can qualify for a Chapter 7 bankruptcy if you don’t have any disposable income.

To be eligible for a Chapter 13 bankruptcy, you need to have regular income and have secured and unsecured debts below Congressionally established thresholds.

For more information contact your Stockton bankruptcy attorney.

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