San Diego Bankruptcy Law Blog

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...

Every year, hundreds of thousands of Americans file bankruptcy. Although they understand that bankruptcy can have long-lasting financial implications, it's sometimes the only reasonable way to get out of debt. Despite these implications, it's still possible for...

Bankruptcy, while not always the first choice for anyone facing financial hardship, has become a more popular option recently as people continue to struggle due to job losses, medical bills and other other obligations. However, there are still lots of questions...

Many people in California struggling with debt are facing a heavy student loan burden on top of their credit card bills, medical debt and other large expenses. Student loan debt may feel like a trap with no escape, especially after bankruptcy reform provisions in the...

Once you've finalized your bankruptcy in California, rebuilding your finances might seem impossible. Your credit score has tanked, your savings have been wiped out and you have few financial assets. But it's not impossible to rebuild your finances — it just takes...