When Divorce and Bankruptcy Intersect, Ex-Spouses May Pay a Price

By |2021-06-23T18:26:12+00:00June 23rd, 2021|Bankruptcy|

Divorce and bankruptcy proceedings often intermingle as threads of cause and effect. Financial problems and stress certainly contribute to marital problems, and a husband and wife who experience troubles meeting expenses for one household will probably have difficulties surviving the costs of a divorce and [...]

What NOT To Do Before Filing Your Bankruptcy Petition

By |2021-05-10T17:49:17+00:00May 10th, 2021|Bankruptcy|

If you are contemplating a bankruptcy claim, you probably know this process includes complex regulations balancing debt relief for the petitioner and fairness to the creditors. The court entrusts a bankruptcy trustee with reviewing details and carrying out regulations during proceedings. It's vital to understand [...]

Unsecured Versus Secured Debts

By |2021-04-13T23:01:25+00:00April 13th, 2021|Bankruptcy, Debt|

Have you ever wondered why people talk about credit when they actually refer to debt? Your credit score is partially a measure of your demonstrated debt repayment. When it comes to debt, there are two main categories: secured and unsecured. This article explains the difference [...]

Can You File Bankruptcy and Keep Your House?

By |2021-03-24T16:28:34+00:00March 24th, 2021|Bankruptcy|

If you are a homeowner who is considering bankruptcy because of overwhelming debt and burdensome calls from debt collectors, you are likely wondering how a bankruptcy filing could impact your living situation. Here are important things to keep in mind in regards to bankruptcy filing [...]

Other California Bankruptcy Exemptions

By |2021-03-09T20:01:33+00:00March 9th, 2021|Bankruptcy|

We know what you're probably thinking. You're thinking "Other California Bankruptcy Exemptions? Other than what?" We covered the new law that increased the homestead exemption on California residences in bankruptcy proceedings in another article. If you haven't read that, it's a good place to start. [...]

How Does Filing for Bankruptcy Affect My Spouse?

By |2021-02-18T23:42:23+00:00February 18th, 2021|Bankruptcy|

Bankruptcy laws vary from state to state, as do the pros and cons that go along with them. In California, one spouse can file bankruptcy, which can be beneficial. There are several factors to consider when deciding whether to file individually or jointly for bankruptcy [...]