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...
Helping With Your Financial Future
Month: April 2021
How a Chapter 7 discharge works
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...
Common myths about filing for bankruptcy
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...
Why would a business want to file Chapter 11 bankruptcy?
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...