Helping With Your Financial Future
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...
People may experience numerous different consequences when the business that they operate begins to struggle financially. It can be a real blow to a business owner to acknowledge that their company has not remained profitable and may not be able to continue operating....
Filing for a Chapter 7 bankruptcy can be a daunting yet liberating experience. It offers the promise of a fresh start, a chance to shed the burden of overwhelming debt and rebuild your financial life. However, the journey to financial recovery is not always smooth....
The social stigma that some people attach to filing for bankruptcy may make you feel like a failure if you end up declaring personal bankruptcy following your divorce. However, if your debts have gotten out of control, filing for bankruptcy may be the fresh start you...
Sometimes, people get so buried in debt that they may see no other way out other than declaring bankruptcy. This may be the case for people who have fallen behind on their mortgage payments. They may believe Chapter 7 bankruptcy will be the only option to save their...
If you are like many others in California, you struggle with debt. If you have trouble paying even after taking a variety of measures, you might be a good candidate for debt settlement. When considering this option, it’s crucial to be aware of these common scams....
Retirement is a thought on the minds of many California adults. If you are at retirement age and have significant debt, retire with significant debt, filing for bankruptcy could be the right move. Taking the means test The means test is a commonly used test measuring...
California consumers who are struggling with debt might wonder when it is time to consider filing for bankruptcy. Some people may feel as though this is an outcome to be avoided at all costs, but this is not the case. There are situations in which filing for...
California residents who file Chapter 7 bankruptcies must pass a means test before their cases are processed. This means test was introduced when the nation’s bankruptcy law was revised in 2005 to prevent people who are able to afford to pay their bills from taking...
Americans paid off record amounts of debt between 2000 and 2022. During the second quarter of 2020, people living in California and other United States locations paid off $76 billion of credit card debt and an additional $49 billion in the first quarter of 2021. The...