Business Details
28 Years
experience
Emergency
services
Your Trusted Los Angeles Bankruptcy & Debt Relief Solutions
Wadhwani & Shanfeld has been a trusted leader in bankruptcy and debt relief services for over two decades. Our board-certified specialists provide personalized solutions for individuals and businesses facing financial distress, including Chapter 7 and Chapter 13 bankruptcy, debt settlement, and foreclosure protection. With a proven track record of helping over 25,000 clients, we combine deep legal expertise with compassionate client care.Our attorneys prioritize transparency, ethical practices, and tailored strategies to ensure clients achieve financial freedom. Backed by extensive experience in complex debt scenarios, we offer remote consultations and maintain offices across Southern California to serve diverse communities effectively.
Services
Chapter 7 Bankruptcy
Chapter 13 Bankruptcy
Debt Settlement
Foreclosure Protection
IRS Tax Debt Relief
Loan Modification
Student Loan Debt Help
Wage Garnishment Stop
Creditor Harassment Defense
Bankruptcy Reaffirmation
Details
- Year established: 1998
Highlights and features
- Board-certified bankruptcy specialists with 20+ years of experience
- Proven success in 25,000+ debt relief cases
- Personalized strategies for Chapter 7, 13, and debt settlement
- 100% virtual consultations for client convenience
- Multi-office presence across Southern California
Associations and certifications
- American Board of Certification
What people say
Professional and helpful
Quick solution to financial issues
Kept informed throughout process
Highly recommend firm
Effective debt elimination
Services
Chapter 7 Bankruptcy
Chapter 7 eliminates unsecured debts through asset liquidation, providing a fresh financial start. Our specialists protect exempt assets while discharging qualifying debts like credit cards and medical bills. Clients receive comprehensive guidance through pre-filing planning and post-discharge financial strategies.
Chapter 13 Bankruptcy
Chapter 13 restructures debts into affordable monthly payments over 3-5 years. This option stops foreclosures and protects non-exempt assets while allowing debt adjustment. Our team negotiates payment plans that balance creditor requirements with client affordability.
Debt Settlement
We negotiate reduced settlements with creditors for unsecured debts like medical bills and personal loans. Our legal expertise leverages bankruptcy alternatives to achieve favorable terms, avoiding court filings while reducing total debt obligations through strategic negotiations.
Foreclosure Protection
Our specialists halt foreclosures through bankruptcy filings or loan modifications. We implement immediate automatic stays while developing long-term solutions like lien stripping or mortgage rewrites to preserve home equity and ownership rights.
IRS Tax Debt Relief
We resolve back taxes through Chapter 7 discharge eligibility assessments, Chapter 13 payment plans, or IRS Offer in Compromise negotiations. Our specialists address tax liens, wage garnishments, and penalty abatements to achieve comprehensive IRS debt resolution.
People
Raj Wadhwani
Founding Shareholder
Board-certified bankruptcy specialist with 20+ years' experience handling 15,000+ cases. Developed Best Case Bankruptcy Software protocols and pioneered electronic bankruptcy filings in California. Focuses on estate planning and complex debt solutions.
Greg Shanfeld
Founding Shareholder
Bankruptcy law expert with USC Juris Doctor background. Former managing attorney at leading bankruptcy firms. Teaches bankruptcy seminars and publishes industry articles. Specializes in debt restructuring and creditor negotiations.
Questions
Will bankruptcy stop wage garnishment?
Yes, filing initiates an automatic stay that immediately halts wage garnishments and other collection actions.
Can I keep my home after bankruptcy?
Chapter 13 protects equity through payment plans, while Chapter 7 exemptions often preserve home equity.
How does debt settlement affect credit?
Settlements impact credit scores less severely than bankruptcy and allow faster recovery through negotiated resolutions.
Are student loans dischargeable?
Rarely, unless proven as undue hardship through specialized bankruptcy proceedings.
Can I file bankruptcy more than once?
Yes, with waiting periods: 8 years for Chapter 7 repeats, 4 years for Chapter 13 subsequent filings.
Do I need an attorney for bankruptcy?
Specialist representation significantly improves discharge success rates and ensures proper exemption protection.
