Bankruptcy can provide you with a fresh financial start if you have been overwhelmed by debt. However, it’s essential to file under the right chapter to make the most of this opportunity and avoid undesirable consequences. Are you looking to discharge your debts or...
Helping With Your Financial Future
Month: March 2024
What if you are getting divorced AND need to file bankruptcy?
If you and your California spouse are contemplating divorce and have a significant amount of debt, the timing of your bankruptcy filing can affect your divorce negotiations. If you and your spouse agree on a course of action, you can realize additional financial...
Credit cards can create a debt spiral
Most Americans use credit cards. In fact, credit card debt recently broke $1 trillion and reached record levels in the United States. Part of this is simply because there are more people every year and the value of the dollar is declining. But it also shows just how...
Chapter 7 bankruptcy pros and cons
Chapter 7 bankruptcy is generally considered to be a fresh start for a filer. This is because your obligations are discharged under Chapter 7, which means that repayment of eligible debts during bankruptcy is not required like it is during Chapter 13. Bankruptcy is...