Bankruptcy protection isn't just for individuals: Businesses may file for bankruptcy when they fall on hard times and cannot pay their obligations. A California business may turn its fortunes around in time and become profitable again. Chapter 11 provides a way for...
Helping With Your Financial Future
Month: January 2022
Can you obtain a car loan after Chapter 7 bankruptcy?
California residents in Chapter 7 bankruptcy may wonder if they can obtain car loans later. Here's what you should know about getting a car loan post-Chapter 7. How does bankruptcy affect your credit? Chapter 7 bankruptcy allows some property to be liquidated so that...
Steps to recover from bankruptcy
Bankruptcy in Escondido, California, can be a positive thing to get rid of some debt regardless of the negative stigma surrounding it. Many consumers chose Chapter 7, which requires selling non-exempt assets, or Chapter 13, a repayment plan. It helps knowing what to...