Best Bankruptcy Lawyers in Los Angeles: Top-Rated Legal Experts for Financial Relief

When facing financial difficulties, finding the right legal representation can be crucial.

Los Angeles, a city known for its diverse economy and high cost of living, has numerous experienced bankruptcy attorneys ready to assist you.

The best bankruptcy lawyers in Los Angeles can provide expert guidance through complex financial situations, helping you understand your options and navigate the legal process. These professionals are well-versed in both federal and California state laws, offering tailored solutions to individuals and businesses alike.

Whether you’re considering Chapter 7, Chapter 11, or Chapter 13 bankruptcy, a skilled attorney can make a significant difference in the outcome of your case.

1) David M. Goodrich

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David M. Goodrich is a prominent bankruptcy lawyer in Los Angeles.

You can find him serving as a partner at Golden Goodrich LLP, where he specializes in bankruptcy law and commercial litigation.

Mr. Goodrich has an impressive background in bankruptcy law.

The State Bar of California has certified him as a bankruptcy law specialist, a distinction he has held since 2010.

Your legal needs will be in capable hands with Mr. Goodrich.

He represents a diverse clientele, including bankruptcy trustees, distressed businesses, and both secured and unsecured creditors throughout California.

Mr. Goodrich’s expertise extends beyond private practice.

He has also served as a commissioner on the Bankruptcy Law Advisory Commission for the State Bar of California Board of Legal Specialization.

You’ll find that Mr. Goodrich is well-connected in the legal community.

He is an active member of several professional organizations, including the Orange County Bar Association and the Los Angeles Bar Association.

When you work with Mr. Goodrich, you’re benefiting from his extensive experience.

He has been serving in the Los Angeles Division of the Central District of California since 2011.

His dedication to the field is further evidenced by his role as a Judicial Conference Lawyer Representative.

This position allows him to contribute to the improvement of the administration of justice in the federal courts.

2) Michael Jay Berger

Michael Jay Berger is a highly experienced bankruptcy attorney in Los Angeles.

With over 40 years of practice, he has established himself as a respected expert in the field.

You’ll find that Berger is a Certified Specialist in Bankruptcy Law, as recognized by the State Bar of California Board of Legal Specialization.

This certification demonstrates his extensive knowledge and expertise in bankruptcy matters.

When you work with Berger, you’re partnering with an AV-rated attorney.

This rating indicates the highest level of professional excellence and ethical standards in the legal field.

Berger’s law office offers free initial consultations to discuss your specific case.

You can reach out to him directly to explore your options and determine the best course of action for your financial situation.

If language is a concern, you’ll be pleased to know that Berger’s staff is fluent in multiple languages.

This includes English, Spanish, Farsi, Armenian, and Russian, ensuring clear communication throughout your case.

Berger’s expertise extends beyond just bankruptcy.

He also handles cases related to collections, appeals, and appellate matters.

This breadth of knowledge allows him to provide comprehensive legal support for your financial challenges.

3) Richard M. Pachulski

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Richard M. Pachulski is a renowned bankruptcy attorney in Los Angeles.

He is a founding partner at Pachulski Stang Ziehl & Jones LLP, one of the nation’s leading corporate restructuring boutiques.

You’ll find Pachulski’s expertise recognized across the legal industry.

He has been consistently listed in the Los Angeles Business Journal’s “500 Most Influential People” and the Daily Journal’s “Top 100” attorneys.

Pachulski’s legal career began after he graduated from Stanford Law School in 1979.

Since then, he has built a reputation as one of America’s preeminent corporate restructuring attorneys.

If you’re looking for a bankruptcy lawyer with extensive experience, Pachulski fits the bill.

He has been recognized for his expertise in bankruptcy law since 1999 by Best Lawyers in America.

Pachulski’s areas of practice extend beyond bankruptcy.

He is also skilled in commercial litigation and bankruptcy litigation.

When you work with Pachulski, you’re engaging a lawyer who has been named a restructuring and insolvency “Thought Leader” by Who’s Who Legal.

His innovative approach to complex bankruptcy cases has earned him recognition as an “Attorney of the Year”.

4) Timothy J. Yoo

Timothy J. Yoo is a highly respected bankruptcy attorney in Los Angeles.

As a partner at Levene Neale Bender Yoo & Golubchik, LLP, he brings extensive experience to the table.

You’ll find that Yoo specializes in commercial litigation and bankruptcy.

His creative approach to resolving complex issues has earned him a stellar reputation among his peers.

If you’re seeking legal representation, you’ll be pleased to know that Yoo consistently receives the highest ratings in peer surveys.

He has been repeatedly listed as a “Super Lawyer,” a testament to his expertise and skill.

Yoo’s legal career began after he graduated from Loyola Law School Los Angeles in 1991.

He was admitted to the bar that same year, marking the start of his impressive journey in bankruptcy law.

When you work with Yoo, you’ll benefit from his ability to provide creative and cost-effective solutions for financial problems.

His expertise extends to corporate restructuring and commercial law as well.

You can find Timothy J. Yoo at his firm’s office located at 2818 La Cienega Avenue, Los Angeles, CA 90034.

If you’re facing complex bankruptcy issues, Yoo’s experience and innovative approach could be invaluable to your case.

5) Leslie Cohen

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Leslie Cohen is a respected bankruptcy attorney in Santa Monica, California.

Her firm, Leslie Cohen Law PC, specializes in bankruptcy and insolvency matters, financial disputes, and more.

You’ll find Cohen’s office at 1615-A Montana Avenue in Santa Monica.

Her practice focuses on providing top-quality, cost-effective representation to both businesses and individuals.

Cohen’s expertise covers various aspects of bankruptcy law, including Chapter 7 and Chapter 11 cases.

She also handles bankruptcy litigation, appeals, and out-of-court workouts.

If you’re seeking legal assistance with bankruptcy matters, you’ll be interested to know that Cohen has been selected for Super Lawyers from 2004 to 2025.

This peer designation is awarded to only a select number of accomplished attorneys.

Cohen’s areas of practice extend beyond bankruptcy.

She also provides services in business law and arbitration & mediation.

6) Jeffrey N. Pomerantz

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Jeffrey N. Pomerantz is a highly respected bankruptcy attorney in Los Angeles.

He has earned recognition as one of the top lawyers in his field, thanks to his expertise in bankruptcy law and creditors’ rights.

You’ll find Mr. Pomerantz at Pachulski Stang Ziehl & Jones LLP, where he serves on the firm’s management committee.

He’s also a co-chair of the firm’s creditors’ committee practice, demonstrating his leadership in this specialized area of law.

Mr. Pomerantz’s credentials are impressive.

He graduated from New York University in 1986 as a member of Phi Beta Kappa.

He then earned his J.D. from the same institution in 1989, achieving Order of the Coif honors.

His peers hold him in high regard. Mr. Pomerantz has received an AV Preeminent Peer Rating from Martindale-Hubbell, the highest recognition for ethical standards and legal ability.

You may be interested to know that Mr. Pomerantz is a fellow of the American College of Bankruptcy.

He also served as president of the American Bankruptcy Institute from 2016-2017, the largest restructuring organization in the United States.

7) Sam S. Leslie

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Sam S. Leslie is a prominent bankruptcy trustee in Los Angeles.

He serves as a Chapter 7 bankruptcy trustee and handles complex cases involving insolvent estates.

His office is located at 1130 S. Flower Street, Suite 312 in Los Angeles.

You can reach out to him for assistance with bankruptcy proceedings and liquidation of assets.

Leslie has extensive experience managing bankruptcy cases and protecting creditors’ interests.

He works diligently to maximize recoveries for creditors while ensuring fair treatment of debtors.

As a trustee, Leslie oversees the administration of bankruptcy estates.

He investigates financial affairs, liquidates assets, and distributes proceeds to creditors according to legal priorities.

You may encounter Sam S. Leslie if you’re involved in a Chapter 7 bankruptcy case in the Los Angeles area.

His role is to impartially manage the bankruptcy process and resolve financial matters efficiently.

Leslie’s expertise in bankruptcy law and finance makes him well-equipped to handle complex cases.

He strives to navigate challenging legal and financial issues while upholding the integrity of the bankruptcy system.

8) James H. Treglio

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James H. Treglio is a distinguished attorney at Potter Handy, LLP.

He leads the firm’s class action division with exceptional expertise since 2019.

You can rely on his extensive experience in bankruptcy law to guide you through complex financial situations.

Treglio’s practice focuses on representing clients in bankruptcy cases and related matters.

His dedication to protecting your rights and interests sets him apart in the Los Angeles legal community.

You’ll find Treglio’s office at 100 Pine St, Suite 2150, San Francisco, CA 94111-5137.

Although based in San Francisco, he serves clients throughout California, including Los Angeles.

As a member of the California State Bar, Treglio maintains an active license status.

This ensures you receive up-to-date legal advice aligned with current bankruptcy laws and regulations.

When facing financial difficulties, you need a lawyer who understands the intricacies of bankruptcy law.

Treglio’s expertise can help you navigate the complex legal landscape and work towards a fresh financial start.

9) M. Jonathan Hayes

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M. Jonathan Hayes is a highly experienced bankruptcy attorney in Los Angeles.

He has been helping people with bankruptcy for over 30 years.

You can trust his extensive knowledge and expertise in this complex area of law.

Hayes is not only a practicing attorney but also an Adjunct Professor of Law.

He has taught various law courses, including Bankruptcy and Advanced Bankruptcy Issues, for the past three decades.

This academic background enhances his practical skills and keeps him up-to-date with the latest legal developments.

At his firm, Hayes represents both business and consumer debtors and creditors.

You can seek his assistance for Chapter 7, Chapter 11, and Chapter 13 bankruptcies, as well as related litigation.

His comprehensive approach ensures that you receive tailored advice for your specific situation.

Hayes’ expertise extends beyond bankruptcy.

He has also taught courses in Business Organizations, Contracts, Commercial Law, and Taxation.

This broad knowledge base allows him to provide you with well-rounded legal counsel.

You can find Hayes at RHM LAW LLP, where he works alongside other experienced attorneys.

The firm offers a client-centered approach, ensuring that your case receives personalized attention.

If you’re considering bankruptcy, Hayes and his team can guide you through the process.

They serve clients in the Los Angeles area and San Fernando Valley, providing risk-free consultations to help you understand your options.

10) Seth E. Tobias

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Seth E. Tobias is a highly regarded bankruptcy lawyer in Los Angeles.

You can rely on his extensive experience and deep understanding of bankruptcy law to guide you through complex financial challenges.

Mr. Tobias specializes in Chapter 7 and Chapter 13 bankruptcy filings.

His expertise allows him to assess your unique situation and recommend the most appropriate course of action for your financial recovery.

As a dedicated professional, Seth E. Tobias offers personalized attention to each client.

You can expect clear communication and thorough explanations of your legal options throughout the bankruptcy process.

Mr. Tobias is known for his strategic approach to debt relief.

He works diligently to protect your assets while helping you navigate the intricacies of bankruptcy proceedings.

With Seth E. Tobias as your legal representative, you gain access to a wealth of knowledge in financial restructuring and debt negotiation.

His goal is to help you achieve a fresh financial start and regain control of your economic future.

You can trust Mr. Tobias to handle your case with the utmost discretion and professionalism.

His commitment to client confidentiality ensures that your personal and financial information remains secure throughout the legal process.

Seth E. Tobias stays current with the latest developments in bankruptcy law.

This dedication to ongoing education allows him to provide you with up-to-date advice and strategies for your financial situation.

Understanding Bankruptcy Laws

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Bankruptcy laws in Los Angeles provide relief for individuals and businesses struggling with debt.

These laws offer different options for managing or eliminating debt while protecting certain assets.

Overview of Bankruptcy Law in Los Angeles

Los Angeles bankruptcy laws follow federal statutes but include some California-specific exemptions.

The U.S. Bankruptcy Court for the Central District of California oversees local cases.

You must complete credit counseling before filing.

Key features of Los Angeles bankruptcy law:

  • Automatic stay to halt creditor actions
  • Means test to determine Chapter 7 eligibility
  • California-specific exemptions to protect assets

The process typically involves filing a petition, attending a 341 meeting of creditors, and following a court-approved plan.

Your obligations and rights will vary based on the type of bankruptcy you file.

Types of Bankruptcy Filings

Chapter 7: Liquidation bankruptcy

  • Eliminates most unsecured debts
  • Asset sale by trustee to repay creditors
  • Quick process, usually 3-6 months

Chapter 13: Repayment plan

  • Restructures debts into 3-5 year payment plan
  • Allows you to keep assets while catching up on payments
  • Ideal for those with regular income

Chapter 11: Business reorganization

  • Complex restructuring for businesses or high-net-worth individuals
  • Allows continued operation while repaying debts

Common Misconceptions

Many people misunderstand bankruptcy laws in Los Angeles.

Some common myths:

  1. You’ll lose everything: California exemptions protect many assets.
  2. It erases all debts: Certain debts like student loans often remain.
  3. It ruins credit forever: Credit can improve within 2-3 years post-bankruptcy.

Bankruptcy doesn’t prevent future borrowing, but it may affect terms. Filing doesn’t necessarily stop foreclosure but can provide time to catch up on payments.

You can still keep your job – employers can’t fire you for filing bankruptcy.

It’s also a misconception that married couples must file jointly; individual filings are possible.

Finding the Right Attorney

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Selecting a qualified bankruptcy lawyer is crucial for navigating the complex legal process successfully.

Prioritize attorneys with specialized expertise, a proven track record, and strong communication skills.

Qualifications to Look For

When searching for a bankruptcy attorney in Los Angeles, seek out certified bankruptcy specialists.

These lawyers have undergone additional training and passed rigorous exams in bankruptcy law.

Look for memberships in professional organizations like the National Association of Consumer Bankruptcy Attorneys.

Check the attorney’s standing with the California State Bar.

Verify their license and disciplinary history.

Consider their educational background and any additional certifications related to bankruptcy law.

Experience matters greatly in this field.

Aim for lawyers with at least 5-10 years of focused bankruptcy practice.

Attorneys who have handled cases similar to yours will be better equipped to address your specific needs.

Questions to Ask During Consultation

Prepare a list of questions for your initial meeting.

Inquire about the lawyer’s experience with your specific type of bankruptcy (Chapter 7, 13, etc.).

Ask how many cases they’ve handled and their success rate.

Discuss fees upfront. Many bankruptcy attorneys offer free consultations.

Understand their billing structure – flat fee or hourly rate.

Inquire about additional costs like filing fees or credit counseling expenses.

Ask about their communication style and availability.

Will you work directly with the attorney or primarily with paralegals? Establish expectations for updates on your case.

Discuss potential outcomes and strategies.

A good lawyer will provide a realistic assessment of your situation and explain various approaches.

Evaluating Experience and Track Record

Research the attorney’s reputation.

Read client reviews on reputable legal directories.

Check their rating on platforms like Super Lawyers.

Ask for references from past clients with similar cases.

Then, contact these references to gauge their satisfaction with the attorney’s services.

Examine the lawyer’s courtroom experience.

While many bankruptcy cases settle out of court, you want an attorney comfortable with litigation if needed.

Consider the size and resources of the law firm.

Larger firms may offer more support staff, while smaller practices might provide more personalized attention.

Choose based on your preferences and case complexity.

Bankruptcy Process and Timeline

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Filing for bankruptcy involves several key steps and timelines.

Understanding the process can help you navigate this challenging financial journey more effectively.

Initial Steps

Before filing, you’ll need to gather all your financial information.

This includes a comprehensive list of your debts and assets.

Divide your debts into secured and unsecured categories.

Next, you must complete a credit counseling course.

This is a mandatory requirement before filing.

Once prepared, you’ll file your bankruptcy petition with the court.

This official act starts your bankruptcy timeline.

Court Proceedings

After filing, the court will assign a trustee to your case.

They’ll review your financial documents and manage your bankruptcy proceedings.

Within 30-45 days, you’ll attend the 341 Meeting of Creditors.

This is where you’ll answer questions under oath about your financial situation.

For Chapter 7 bankruptcy, the discharge typically occurs 60-90 days after this meeting.

Meanwhile, Chapter 13 cases involve a confirmation hearing within 40 days of the 341 meeting.

Post-Filing Responsibilities

During bankruptcy, you must cooperate with the trustee and provide any requested information promptly.

For Chapter 7, you may need to surrender certain assets.

In Chapter 13, you’ll start making payments according to your approved repayment plan.

You’ll also need to complete a financial management course before receiving your discharge.

Remember, the entire process usually takes 4-6 months for Chapter 7, while Chapter 13 lasts 3-5 years, depending on your repayment plan.

Frequently Asked Questions

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Selecting the right bankruptcy attorney in Los Angeles requires careful consideration of several factors.

Finding affordable legal assistance and evaluating law firm reviews are crucial steps in the process.

How can I find a reputable bankruptcy attorney for low-income individuals in Los Angeles?

Look for attorneys who offer sliding scale fees or pro bono services.

You can contact the Los Angeles County Bar Association for referrals to lawyers who work with low-income clients.

Some firms, like Ingber & Associates, may offer flexible payment options.

Are there any services offering free legal advice for bankruptcy cases in Los Angeles?

Yes, several organizations provide free legal advice.

You can attend bankruptcy clinics hosted by local law schools or seek assistance from legal aid societies.

The Bankruptcy Self-Help Resource Center at the U.S. Bankruptcy Court also offers guidance.

What should I consider when reading reviews for bankruptcy law firms in Los Angeles?

Look for specific details about the attorney’s communication style and case outcomes.

Pay attention to reviews mentioning complex cases similar to yours.

Consider the overall pattern of feedback rather than focusing on a single review.

How do I choose a debt settlement attorney in Los Angeles with experience in handling complex cases?

Research attorneys who specialize in debt settlement and have a proven track record.

Look for lawyers like David M. Goodrich or Michael Jay Berger, who have experience with intricate bankruptcy cases.

Ask about their success rates and specific strategies for complex situations.

What qualifications should I look for in a credit attorney when dealing with bankruptcy in Los Angeles?

Seek attorneys certified in consumer bankruptcy law by the American Board of Certification.

Ensure they have extensive experience in both Chapter 7 and Chapter 13 bankruptcies.

Look for memberships in professional organizations like the National Association of Consumer Bankruptcy Attorneys.

Can a student loan lawyer in Los Angeles assist me with discharging educational debt in bankruptcy?

Yes, a specialized student loan lawyer can help.

Discharging student loans in bankruptcy is challenging, but an experienced attorney can guide you through the process.

They can also help you prove undue hardship and explore alternative repayment options or loan forgiveness programs.