California residents might not always find their financial situation to be favorable. Debts may pile up, creating a source of worry and stress. Creditors could harass debtors, and even those wishing to pay their obligations may lack the means to do so. Bankruptcy...
Helping With Your Financial Future
Month: June 2021
Confirming the reorganization plan of a Chapter 11 bankruptcy
A Chapter 11 bankruptcy in California doesn’t wipe the slate clean. Rather, it reorganizes a company's financial obligations. It is a process that is open to some individual debtors as well. For the business owner, it’s an attractive option that lets a company operate...
Does Chapter 7 offer business owners a new start?
Businesses often fail, especially startups. California entrepreneurs that find their business dreams falling short could avoid feeling discouraged by keeping options open for starting over. Chapter 7 liquidation bankruptcy might not appear like a "bright event," but...
Could there be a new plan for student loan debt?
Throughout California, many people are working to pay down debt. One of the most common sources of debt comes from student loans, so many individuals are turning to the nation's president for relief from student loan debt. What is President Biden doing about student...