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Should I Hire a Non-Attorney Bankruptcy Preparer?

Prior to October 17, 2005, if your case was very simple meaning you did not own a home or cars, then, the answer was yes; however, the new bankruptcy law that went into effect on October 17, 2005 has changed that. The new bankruptcy law makes debt of creditors not properly noticed as non-discharged.  Under the […]

Can I Get Credit Cards, Loans, and Mortgages After a Bankruptcy?

After Bankruptcy At first, it’s a relief—you file bankruptcy, and the creditors stop harassing you. Your phone stops ringing, you’re no longer afraid to pick up the mail, and the juggling act ends. You can devote your income to keeping up your living expenses and trying to get your financial life back on track. But many […]

Learn About California Bankruptcy Exemption Law

California has two different bankruptcy exemption schemes (Code of Civil Procedure section 703 and 704). Exemption Statutes are California Bankruptcy Laws that Protect Your Property from Your Creditors. Exemptions are laws passed by every state that allow you to protect certain types of your property from your creditors when you file bankruptcy-such as your home, car, pensions and IRAs, motor vehicles, clothing, […]

Learn About Chapter 13 Bankruptcy

Personal or Business Reorganization Bankruptcy STOP FORECLOSURES AND REPOSSESSIONS – KEEP YOUR HOME & CARS! Pay your creditors and attorneys’ fees over 3 to 5 years without interest! If you have a job or some source of regular income, but are overwhelmed bydebts you can’t handle, Chapter 13 bankruptcy may be right for you. You can use Chapter 13 bankruptcy to reorganize your debt, […]

Learn About Chapter 7 Bankruptcy

Liquidation or “Simple” Bankruptcy Keep your home, car & other property! Eliminate credit card debt, tax debt, and other debt! Chapter 7 Bankruptcy Chapter 7 bankruptcy is often referred to as liquidation because a bankruptcy trustee can liquidate (convert to cash) your non-exempt assets to pay part of the your outstanding bills. The term liquidation […]

Is Filing Bankruptcy Right for Me?

As an experienced California bankruptcy attorney, I will help you decide whether bankrutpcy is right for you with a free consultation. The decision to file bankruptcy is not one that’s easy to make. Somehow, you want to save face or “do the right thing.” So, you struggle along while your creditors turn up the heat. Pretty soon, with all the […]

How Can Single, Separated, or Divorced Women Avoid Bankruptcy?

Single women — and particularly single mothers — face serious financial hurdles and are at serious risk of declaring bankruptcy. Here are the key warning signs, and ways to avoid filing bankruptcy. Since the 1981, the rate women file bankruptcy rose dramtically. Nearly 1 million women filed Bankruptcy in 2001. Some 69,000 women filed for either Chapter 7 or Chapter 13 Bankruptcy in 1981. By 2001, […]

Learn About Chapter 11 Bankruptcy

Personal or Corporate This post about Chapter 11 Bankruptcy filing is under construction.  Check back later for link to Chapter 11 Bankruptcy information below. Chapter 11 Bankruptcy Background How Chapter 11 Bankruptcy Works The Chapter 11 Bankruptcy Debtor-In-Possession The U.S. Trustee or Bankruptcy Administration Bankruptcy Creditors’ Committees The Small Business Bankruptcy Case & The Small […]