Filing for bankruptcy can lead to a reduction in your credit score as well as a hit to your creditworthiness. Of course, filing for Chapter 7 protection in a California court may also eliminate most or all of your debts. For many people, life after bankruptcy...
Helping With Your Financial Future
Month: July 2022
Filing for bankruptcy after being scammed
If you have been the victim of a financial scam, you may be entitled to file for bankruptcy in a California court. The type of protection that you seek will largely depend on your income, if you own property or if you have the ability to repay your debts over a period...
What are the most common bankruptcy exemptions?
As a citizen of California, you have the option to file for bankruptcy under the terms of Chapter 7. This type of bankruptcy arrangement is one in which you gather up all of your various assets and property. You then sell them off in order to raise the capital to pay...
An increase in federal bankruptcy exemptions
Although filing for bankruptcy could protect someone dealing with aggressive creditors and other debt issues, some about how the courts will treat them. Liquidation bankruptcy may bring concerns about losing assets the debtor might wish to keep. California residents...