When a person files a Chapter 7 bankruptcy petition, the federal Bankruptcy Code requires that he or she must surrender assets to the bankruptcy trustee.… Read More »Which California Bankruptcy Exemption System Should I Use?
Though finding a benefit in the upheaval of the Great Recession of 2007 is a challenge, it does appear to have furthered the demise of… Read More »Dealing With Small Business Debt: Alternatives to Bankruptcy in Riverside, California
By and large, Americans are spenders, not savers. Nowhere is this more clearly shown than in studies regarding the typical amount we have saved for… Read More »Your Pension in Bankruptcy in Santa Ana, California
Though a downward trend in foreclosures in 2017 has been positive news for many American homeowners, a significant number still struggle to make mortgage payments… Read More »When Chapter 7 Bankruptcy is Better Than Chapter 13 Bankruptcy
As is so often the case, the answer here is that “it depends”. Only an experienced bankruptcy lawyer can provide reliable advice regarding your options.… Read More »I Have Debts and Little Income. My Spouse Has a Good Job. Should I file for Bankruptcy?
You may know that so-called liquidation bankruptcy petitions under Chapter 7 of the Bankruptcy Code are available only to individuals whose income falls below certain… Read More »The Tools of the Trade Bankruptcy Exemption
An estimated 10 million American workers and their family members currently receive Social Security Disability Insurance (SSDI) benefits. As with Social Security retirement benefits, making… Read More »Can I Keep My Disability Payments in Chapter 7 Bankruptcy?
We have written elsewhere about the differences between Chapter 7 and Chapter 13 bankruptcies, the two principal types available to individuals. The principal difference is… Read More »Your Obligations Under a Chapter 13 Bankruptcy Plan
California was one of the states hit hardest by the housing crisis and resulting wave of foreclosures that began in 2007-08. Statistics support the… Read More »How Chapter 7 Bankruptcy Can Help With Foreclosure
If you stand to lose property that is important to you, you must obtain court approval for your bankruptcy case to be dismissed. In a… Read More »Is It Possible to Dismiss a Bankruptcy if the Trustee Plans to Sell Your Property?