San Diego Bankruptcy Law Blog

Sometimes, a business in California gets so far in debt the owner can't manage it. When this happens, the business has the option of filing bankruptcy to get debt relief. Bankruptcy can be tricky for a small business, so owners may wonder what options they have to...

California residents who are thinking of filing for bankruptcy are likely feeling overwhelmed at what lies ahead. With so many questions about what happens during the process and what items may be taken away from you, it's important to stop and take the time to learn...

Chapter 7 bankruptcy gives California consumers a way to make a fresh start if they have mounting debts they can no longer pay due to unforeseen circumstances. The trustee divides the proceeds from the selling of non-exempt assets, such as jewelry, among the secured...

California citizens who are over their heads in debt may have considered filing for bankruptcy. Unfortunately, there's a lot of misinformation out there regarding the topic of bankruptcy. By understanding some of these common myths, you can better determine whether...

Chapter 11 bankruptcy is an effective method of restructuring liabilities for a California business that is facing financial struggles. Some businesses are experiencing so much financial chaos that even bankruptcy will not help, but others can sometimes manage to...

Debtors in Escondido, California, may get relief from certain debts by filing bankruptcy through liquidating assets in Chapter 7. Many debtors choose Chapter 7 because they get a quicker discharge, which is usually three to four months. However, a debtor must pass a...

Senator Elizabeth Warren has submitted a proposal to set parameters for the upcoming shift in policy regarding delinquent student loans for those strapped with debt after college, including Californians. The legislation that has been put forth sets up a new bankruptcy...

If a debtor in Escondido, California, feels they can no longer manage debt, they may file bankruptcy. Bankruptcy is a legal process that allows a debtor to remove some debts. Two common types of bankruptcy include Chapter 7 and Chapter 11 bankruptcy, but they differ....

Millions of people run into financial problems, and some may find their fiscal situation becomes overwhelming and seemingly impossible to address. Persons struggling with financial problems in California have an option available to them. Filing for bankruptcy might...

If you file for bankruptcy, some of your assets may be liquidated in an effort to pay down existing debt balances. However, certain types of property may be exempt from being liquidated or otherwise taken from you. For instance, federal law says that you can keep up...