What Bankruptcy Cannot Do
Although bankruptcy can eliminate most of your debts, it cannot cure every financial problem. Our Orange County bankruptcy attorneys at Tran Bankruptcy Law explain some of… Read More »What Bankruptcy Cannot Do
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Bankruptcy, Chapter 7, Chapter 13 and Bankruptcy Attorney in Orange County and Riverside
Pre-Bankruptcy Credit Counseling Course
Credit Counseling Requirement A bankruptcy credit counseling course is a requirement before you file for bankruptcy. This must be accomplished from an approved credit counseling agency… Read More »Pre-Bankruptcy Credit Counseling Course
Debt Options in Orange County
Debt Option Differences in Orange County In today’s Orange County economy if you fall behind on your finances or barely living month to month, it… Read More »Debt Options in Orange County
Tax Implications for Canceled Debt in Bankruptcy
Cancellation of indebtedness occurs when creditors forgive debt. This situation commonly arises when credit card companies settle debts and accept less than what the debtor… Read More »Tax Implications for Canceled Debt in Bankruptcy
341 Meeting of Creditors – Southern California Bankruptcy
When a debtor files a Chapter 7 or Chapter 13 bankruptcy in Southern California, part of the process involves attending a Meeting of Creditors, otherwise… Read More »341 Meeting of Creditors – Southern California Bankruptcy
Homeowners Association (HOA) Dues in Bankruptcy
Homeowners Association (HOA) dues as a debt present a unique situation under bankruptcy. HOA dues are assessments collected from a homeowner who owns property in… Read More »Homeowners Association (HOA) Dues in Bankruptcy
California Mortgages – Recourse vs Non-recourse Loans – Options in Foreclosure
Recourse vs Non-recourse Mortgage Debt The main difference between a recourse vs non-recourse loans has to do with which assets a creditor can go after… Read More »California Mortgages – Recourse vs Non-recourse Loans – Options in Foreclosure
Reaffirmation Agreements for Mortgages – California Bankruptcy
Reaffirmation Agreements for Mortgages On a few occasions, clients have come back two years after their discharge, frustrated that they are unable to obtain a… Read More »Reaffirmation Agreements for Mortgages – California Bankruptcy
The Bankruptcy Process
The Bankruptcy Code – Bankruptcy Process The bankruptcy process is complex and changes with each case. However, it starts with Article I, Section 8, of… Read More »The Bankruptcy Process
Central District of California – 341(a) Meeting Locations
Central District of California – LOS ANGELES Ernst & Young Building 725 S. Figueroa Street Los Angeles, CA 90017 Chapter 7 and 13 meeting rooms… Read More »Central District of California – 341(a) Meeting Locations
Chapter 7 Process
Chapter 7 Overview The Chapter 7 Petition and Filing Requirements The Chapter 7 bankruptcy case starts when the debtor files a petition with the bankruptcy… Read More »Chapter 7 Process
Bankruptcy Legal Process
Bankruptcy Basics Bankruptcy is a legal process available give people a fresh start by relieving burdensome debts. In a Chapter 7 bankruptcy, for example, the… Read More »Bankruptcy Legal Process