After getting behind on various payments in California, you might find that your credit score has decreased. While this could hurt some areas of your life, there are some ways that you can begin the repair process. Check your reports One of the first things you can do...
Helping With Your Financial Future
Consumer Bankruptcy
Successful policies have helped lower medical debt
From 2020 to 2022, the number of those who had some form of medical debt on their credit report dropped by 17.9%. That's about 8.2 million individuals, according to the U.S. Consumer Financial Protection Bureau's report. For people in California dealing with medical...
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...
Financial abuse may lead to bankruptcy
Financial abuse can be a serious problem for older people. In many cases, financial abuse is coupled with other forms of abuse or neglect. Ultimately, Minnesota victims may be drained of their life savings or pressured to sell their assets to raise funds for the...
How to manage credit card debt
Failing to pay your credit card debt could result in phone calls from creditors and collection agencies based in California and around the country. It may also result in lawsuits, wage garnishments and other penalties. However, there are several strategies that might...
What does a Chapter 7 bankruptcy trustee do?
Filing for Chapter 7 bankruptcy involves liquidating your assets in order to resolve as much of your debt as possible. The court process may also involve assigning you a trustee. In order to make sure that your bankruptcy filing proceeds smoothly, you should...
Bankruptcy myths debunked
Sometimes, your finances and the payments that you owe might become overwhelming. An option is to file for bankruptcy. Here are a few myths to keep in mind so that you're comfortable with making this decision. Never getting credit A common myth surrounding Chapter 7...
Handling both bankruptcy and divorce
You may be feeling overwhelmed with debt and considering bankruptcy as a way to get relief. But what if you're also in the process of getting divorced in California? Can you file for bankruptcy and still protect your assets? Let's explore your options when filing for...
Why is bankruptcy certificate necessary in California
Bankruptcy is a legal process in California that aims to help people who owe money get some relief from their debt while at the same time assisting people who are owed to get paid from assets or property that the debtor has. The person in debt can receive a bankruptcy...
Bankruptcy won’t eliminate all of your debts
Seeking protection from creditors in a California courtroom may make it possible to eliminate or reduce your debts. However, filing for bankruptcy won't allow you to get rid of all of your outstanding balances. For instance, you will likely still be responsible for...