Expertise in Bankruptcy and Real Estate Law

Your Path to eliminate debt starts here

Welcome to Tang & Associates Law Office, where we specialize in unlocking the doors to financial freedom through expert guidance in bankruptcy and real estate law. From navigating the complexities of debt relief to facilitating seamless property transactions, we’re here to surpass your expectations and lead you toward a brighter future. Explore our practice areas and take the first step towards reclaiming control of your finances today.

Chapter 7 Bankruptcy

A Chapter 7 Bankruptcy, commonly referred to as a “liquidation,” offers a path to rid yourself of most, if not all, of your debts. However, certain debts are considered non-dischargeable, necessitating repayment. Essentially, filing for Chapter 7 provides a fresh start, stops relentless collection attempts by agencies, and wipes out overdue bills. The process doesn’t demand repayment of most overdue debts, acknowledging your inability to financially satisfy creditors.

Wondering if you qualify for Chapter 7 Bankruptcy? Contact us today for a free consultation. 

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy, often termed “consolidation,” consolidates your debts into a manageable monthly payment plan over a specified period. Unlike Chapter 7, Chapter 13 discharges a wider range of debts since you’re essentially repaying creditors under an affordable payment scheme. It lets you stop foreclosures and vehicle repossessions, reinstate your driver’s license, address parking ticket-related issues, settle delinquent taxes, cease aggressive collection attempts by agencies, and clear debts via a structured repayment plan. However, if you file for Chapter 13, you do need to have the financial ability to maintain a monthly payment plan.

Not sure if you qualify? Contact our office today for a free consultation.

Residential Real Estate Services

At Tang & Associates, we streamline the often challenging process of buying or selling residential or investment properties, offering you outstanding, communicative service.

We empathize with the frustrations inherent in real estate dealings. With us, you can proceed with confidence in one of the most significant transactions of your life.

Commercial Real Estate Services

Tang & Associates Law provides personalized assistance for commercial real estate purchases. Providing specialized assistance for commercial real estate deals. Whether you are buying, selling, or dealing with intricate transactions, we can help ensure the transaction is a seamless experience.

Trust us with the unique challenges of commercial real estate and receive the proper legal support for your business ventures.


Common Questions

What is Bankruptcy?

Bankruptcy is like hitting a financial reset button. It’s a legal process where individuals or businesses who can’t pay their debts seek relief from some or all of what they owe. Think of it as a fresh start, a chance to regain financial stability and move forward without the heavy burden of debt dragging you down.

Is bankruptcy bad?

Bankruptcy often gets a bad reputation, but it’s not the end of the road. Sure, it’s a tough decision to make, but sometimes it’s the smartest move to get back on track. It’s not about failure; it’s about taking control of your finances and getting a second chance to build a brighter financial future.

Can I keep my home, car, or other property if I file for bankruptcy?

Absolutely, in many cases you can. It depends on various factors like the type of bankruptcy you file, the equity you have in your assets, and whether you can continue making payments on them. There are exemptions in place that protect certain types and amounts of property, like your primary residence, your car (within certain limits), and other essential belongings.

Can bankruptcy stop foreclosure, repossession, wage garnishment, and lawsuits?

Yes, bankruptcy can be a powerful tool to stop these kinds of financial nightmares in their tracks. When you file, the automatic stay I mentioned earlier kicks in, putting a temporary freeze on foreclosure proceedings, repossession efforts, wage garnishments, and most lawsuits. It gives you a chance to regroup and figure out the next steps without the constant pressure of creditors breathing down your neck.

Remember, bankruptcy isn’t something to take lightly, but it’s also not something to fear. It’s a tool designed to help you get back on your feet and take control of your financial future. If you’re considering bankruptcy, it’s crucial to consult with a qualified bankruptcy attorney who can guide you through the process and help you make the best decisions for your situation.

Contact us today for a free consultation.

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