Day: December 2, 2015

Michael Shemtoub's Wilshire Law Group Navigates Clients Towards a Brighter Financial Future

Respected Southern California bankruptcy attorney, Michael Shemtoub, understands better than anyone how hard the recent recession has been on average Californians. Like other bankruptcy lawyers in the Los Angeles area, Shemtoub has been helping many clients through the challenging process of bankruptcy, guiding them to a much brighter financial future.

Clients Who Normally Wouldn’t Visit a Los Angeles Bankruptcy Attorney

Often times, filing for bankruptcy is associated with poor financial management or poor impulse control. The stigma attached to those who experience bankruptcy is that they bought too many things they really didn’t need, or took extravagant risks that their income level didn’t support. When it comes to small businesses, the assumption is the same: many assume small businesses facing bankruptcy today have proprietors who just weren’t cut out for business.

The truth of the matter is quite different. Between out-of-control health care costs and the worst economic free-fall since the Great Depression, the people filing for bankruptcy today are often people who never expected to face the prospect of bankruptcy.

Some of Shemtoub’s clients are families, where the primary breadwinner has lost his or her job and hasn’t been able to find another due to California’s high rate of unemployment. Other clients are people with good jobs and good health insurance who nevertheless face insurmountable medical bills due to a sudden trauma or illness.

As for the small business owners, any California bankruptcy lawyer can tell you that many of the small businesses filing for bankruptcy today are businesses that were prosperous before the recession, but due to one major client going out of business, they too now face bankruptcy.

Bankruptcy Represents a Second Chance

Michael Shemtoub is a Los Angeles Bankruptcy lawyer who firmly believes that bankruptcy offers consumers and small business owners a second chance at financial stability and success. Many people facing a bankruptcy put off filing because of the stigmas mentioned above, but this is the worst possible decision when bankruptcy becomes inevitable.

In many cases, clients who take a proactive stance and file for bankruptcy sooner rather than later will be able to save many of their hard-earned assets. These assets might include a house, a car, or family heirlooms; in the case of a business, it might include a business’ inventory. Saving these assets is the job of an experienced California bankruptcy attorney like those at the Shemtoub’s Wilshire Law Group – but their ability to give debtors a second chance hinges upon the individual client’s proactive response to their own financial situation. All too often, debtors hide their heads in the sand, waiting until it is too late to save their assets.

About the Wilshire Law Group

At the Wilshire Law Group, Shemtoub and the rest of the staff make two very important promises to clients and potential clients. The first promise is a free consultation, giving clients who might face bankruptcy a chance to discuss their case with a qualified bankruptcy attorney. The second promise is to return all calls from …

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Drunk Drivers in Los Angeles Cause Thousands Of Accidents Annually

Drunk drivers are continually causing more and more Los Angeles drunk driving accidents every single year, particularly in the city of Los Angeles, California. Minor and major injuries are often a result of these accidents, and vehicles and other types of property are inevitably damaged in the process. Unfortunately, though, many lives can be damaged in the process as well. There are many deaths that occur as a direct result of drunk driving accidents in Los Angeles annually, many of which are the victims of a drunk driver in a neighboring vehicle, rather than the drunk driver him/herself. If you’ve been the victim of a drunk driver, you should contact a specialized Los Angeles car & auto accident lawyer immediately following your accident. He or she can help you get the settlement you deserve for your claim to cover all of your injuries and any property damage you’ve incurred.

If you haven’t been seriously injured in the drunk driving accident of which you were involved, you are one of the few who can truly count themselves lucky. Unfortunately, though, you likely incurred a substantial amount of damage to your vehicle and any property that you may have had in the car at the time of your accident. Although this is obviously not as painful to deal with as serious injury or death, vehicle damage can be an incredibly costly expense that could set you back a fair penny. Insurance companies, especially car insurance companies, can be purposefully difficult for individuals to work with, being so in the hopes that you’ll give up and not pursue any more than the small amount of compensation they will likely give you. This is a common occurrence (and annoyance) for those who do not hire a drunk driving accident lawyer to help them deal with the insurance companies. With the help of your lawyer, you can receive all the money you need to pay for the damage done to your vehicle.

Injuries are another common incurrence following an accident with a drunk driver. Automobile accidents are some of the most difficult to recover from, often resulting in broken limbs, lost appendages, spinal cord injury, and even brain damage. Medical costs are incredibly expensive, even for more minor injuries, and in an instant those costs can make or break the good credit you’ve been building all your life. It isn’t uncommon for automobile accident victims to become so overwhelmed with medical costs that they end up filing for bankruptcy in a last-ditch attempt to stay afloat. Don’t let this happen to you. Contact a specialized drunk driving accident lawyer immediately following your accident so that he or she can evaluate how much your claim should really be worth. The settlement amount you pursue will take into account how expensive your medical bills are, how much your court fees will be, and paying for your lawyer’s services as well. That way, you likely won’t have to pay anything out of pocket for your medical expenses or …

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