Bankruptcy is one of the best ways to deal with your debts in California. The process helps you pay out what you can to your creditors and eliminates some of your obligations, giving you a clean slate to rebuild your financial future. However, bankruptcy doesn't cure...
Helping With Your Financial Future
Year: 2022
Homestead bankruptcy exemptions in California
California homestead exemptions are a set of laws that protect a homeowner's equity in their residence from being seized to pay off creditors. These exemptions can be particularly useful for individuals facing financial difficulties, such as those who have filed for...
Bankruptcy in California: Allowable cash on hand
Bankruptcy laws are very complicated and can confuse the most astute filer. However, it's vital to know the laws governing bankruptcy, both federal and state, and how much cash is allowed. If you're considering filing bankruptcy in San Diego, whether Chapter 7 or...
Life after Chapter 7
Life after bankruptcy is a tough time for many California consumers, so much so that they may have to forego buying a new home because they can't afford one. However, there are a few things people might need to consider when it comes to buying a home post-bankruptcy...
Personal bankruptcy and business owners
Business owners may face complexities when filing for bankruptcy, depending upon how they set up their enterprises. The rules for Chapter 7 liquidation bankruptcy might affect one California business way and another differently. Business owners struggling with...
How does Chapter 11 impact stocks?
For many business owners, Chapter 11 bankruptcy is the preferable option when encountering financial or operational difficulties. In contrast with Chapter 7, Chapter 11 allows a business to regain its footing after a reorganization process. In Chapter 7, a company...
Tips for making life easier after bankruptcy
Filing for bankruptcy is generally seen as a last resort for those who can't stay current on their debt obligations. Although bankruptcy comes with a variety of negative consequences, you may be able to recover from them in a relatively short period of time. Let's...
Student debt relief may be forthcoming
Submitting a bankruptcy petition to a California judge may be an ideal way to eliminate or reduce many types of debts. However, in most cases, student loan debts cannot be discharged or forgiven by filing for bankruptcy. Last month, a bill was introduced that would...
Keeping your car when you declare bankruptcy
Going through a difficult financial time can be one of the most stressful and worrisome experiences. Bankruptcy is often a sensible solution to getting things in order and clearing your debts. But, one of the greatest fears that most California residents face is the...
Bankruptcy exemptions available in California
California bankruptcy law offers a number of exemptions that may help you retain property after seeking protection from creditors. These exemptions apply to personal goods, equity in a car or home or items that are used to operate a business. The exemptions apply...