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09

May2018
One common cause of bankruptcy is debts incurred because of a car accident. Because you may be under insured and/or the party you have been in an accident with does not have insurance or have enough insurance to cover your claims. This means that if you have a ... Read More

09

May2018
While never encouraged, divorce and bankruptcy are facts of life. They are often related. Money problems are a leading cause of divorce. When the decision has been made to end a marriage, one of the items to be divided is the debts. While people may ... Read More

03

May2018
Whether you file a Chapter 7 or a Chapter 13 Bankruptcy, there is a bright line based on the date you file. Everything you do before the date you file is pre-petition. Everything you do after you file is post-petition. Your pre-petition debts and assets are ... Read More

21

Apr2018
There are time limits on how soon you can file a bankruptcy if you have previously filed a bankruptcy. If you previously filed a Chapter 7 bankruptcy, you cannot file another chapter 7 bankruptcy until 8 years have passed. The clock starts ticking from the day you filed ... Read More

28

Mar2018
When you file a Chapter 7 or Chapter 13 Bankruptcy, you have tools available to allow you to keep your assets. In California, there are 2 different set of exemptions, commonly called 703 and 704. Part 1 will detail common exemptions under 703. Part 2 will detail ... Read More

28

Mar2018
When you file a Chapter 7 or Chapter 13 Bankruptcy, you have tools available to allow you to keep your assets. In California, there are 2 different set of exemptions, commonly called 703 and 704. Part 1 will detail common exemptions under 703. Part 2 will ... Read More

22

Mar2018
Let it Go
0  
by Celeste Miranda / March 22, 2018 / Blog
A common question that is asked when filing a Chapter 7 Bankruptcy is whether a person should keep their car and continue to make the payments or to surrender the vehicle. The answer is almost always to let it go. My general rule of thumb is to not be ... Read More

14

Mar2018
Most people when they get a cell phone, they do not purchase the phone outright. Instead, they are on a monthly payment plan. For the low price of $30 or $40 or $50 or more a month for 2 years, the phone is purchased with a payment made ... Read More

06

Mar2018
Whether you file a Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy, on your initial filing you will be protected by the what is called the Stay. What this does is stop all collection activity. This applies to credit cards, student loans, car loans, home loans, court proceedings, ... Read More

06

Mar2018
When you file either a Chapter 7 or a Chapter 13 Bankruptcy, your student loans are included. However, due to the current laws, you will not receive a discharge on the student loan debt. To get the discharge on the student loan debt requires an adversarial proceeding. This ... Read More

13

Feb2018
While a Chapter 7 or a Chapter 13 Bankruptcy does allow a person a fresh start, a debtor is limited in the value of assets a person can keep. In a Chapter 7 Bankruptcy, the trustee can seize your assets that are not protected and sell them for ... Read More

06

Feb2018
To qualify for a Chapter 7 Bankruptcy, first you have to pass the means test. The first part of this test is do you make over or under the median income for a family of your size. As of November 1, 2017, this number is $84,059 for a ... Read More

10

Oct2016
Being prepared before filing for bankruptcy can disrupt the pattern of stress and depression that often takes hold in times of financial duress. It is always advised to meet with a financial advisor or credit solutions officer before officially deciding whether or not to file. Bankruptcy can be an effective ... Read More

10

Feb2016
Are you someone who is tired of creditor calls? Are you covered in debt up to the brim? Well, you’re not alone. There are tens of thousands out there who are battling to sustain through economic crisis with ‘filing Bankruptcy’ as the only option left to them. That being said, Chapter 7 bankruptcy ... Read More

29

Sep2015
Your business is in financial trouble. You can’t pay your debts. How do you figure out whether bankruptcy is necessary or helpful for your situation? If you want help knowing if it’s time for you to talk to a lawyer, here are a few questions to ask ... Read More

25

Sep2015
Civil law can apply to many types of cases such as medical malpractice, personal injury and bankruptcy. These types of cases many times have things in common and have cross-over relationships. Bankruptcies usually occur because of three kinds of misfortunes, having medical problems, the loss of a job ... Read More

18

Sep2015
By: Scott Jenkins September 17, 2015 Civil law codes are referred too when there are disputes between parties about contracts, real estate, family law and bankruptcy along with many other types of cases. The codification of civil law pertains to grievances between individual allowing the court system to resolve disputes by ... Read More

18

Feb2015
When you file a Chapter 7, Chapter 13, or any bankruptcy, the protection of the automatic stay kicks in. This is a code sections that causes all collection action to cease. This also causes any companies with notice to cease automatic withdrawals from your accounts. This means if you have your ... Read More

09

Feb2015
A common question that is asked in people trying to avoid bankruptcy is an inquiry about a debt consolidation loan or a signature loan or a home equity loan or some type of loan that if they just had one easy payment, the mess one go away and they could ... Read More

12

Dec2014
Last time we covered bankruptcy before the divorce. This article will focus on filing that Chapter 7 or Chapter 13 Bankruptcy after the divorce. Advantages to filing after the divorce: Advantages: Two sets of exemptions. These means each individual can protect over 31,000 of cars/assets or $75,000 of home equity. Get the divorce over ... Read More

12

Dec2014
Unfortunately, money problems can lead to a divorce. Money problems also lead to Chapter 7 and Chapter 13 Bankruptcy filings. Often times, divorce and bankruptcy are sought at the same time. It is rarely a good idea to do them both at the same time. So here are so things ... Read More

20

Oct2014
Despite the common knowledge to the contrary, it is possible to reduce or eliminate your student loan debt in a Chapter 7 or Chapter 13 Bankruptcy in Fresno. First off, to discharge these debts, you must file an adversarial proceeding. For most debts, such as credit cards or doctor ... Read More

02

Oct2014
by Stephen Labiak, Attorney at Law After how much does it cost to file a Chapter 7 Bankruptcy, the next question is how long is it going to take in Hanford. While every case is different, this is a general time line. -Before you file:   This may range from mere minutes in ... Read More

09

Sep2014
When you file a Chapter 7 bankruptcy in Visalia, or any bankruptcy for that matter, one of the factors to determine if you will have to surrender some of your possessions is if they have any value. So what is the trustee looking for and how do you ... Read More

03

Sep2014
If you are considering chapter 13 bankruptcy in Fresno, this means more likely than not you are facing numerous contacts from creditors.  This is usually done by a direct phone call or through a letter.  Understand they have one job:  get money from you. They are good at ... Read More

25

Aug2014
When people say Bankruptcy, they usually mean a Chapter 7 Bankruptcy.  Chapter 7 just refers to a section of the legal code that deals with the different types of bankruptcy.  For short hand purposes is also called liquidation.  You basically put all your assets in one pile, your ... Read More

18

Aug2014
For whatever reason, you are thinking about bankruptcy assistance for Chapter 7 or Chapter 13, covering about 99% of the people out there, is in your future.  Here are some tips to save you some pain and to avoid wasting money. DO: Save up a little bit of money (at ... Read More

08

Aug2014
There are several reasons people file bankruptcy.  The usual reasons people cite are medical bills and job loss.  These are what you will see when people are looking to score political points or argue for this or that new law or regulation.  However, what I think these studies ... Read More

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