Helping With Your Financial Future
In some cases, people are a bit hesitant to consider filing for bankruptcy to restructure and/or get rid of their debt. They may feel a sense of embarrassment or even shame. They may see their overwhelming debt as a sort of failure, and they may even think that...
Bankruptcy can be a welcome relief when you are caught up in debt. And if you get it right, personal bankruptcy can allow you to discharge or restructure and repay your debts. But bankruptcy can be a confusing and scary process, to say the least. Fortunately, you can...
When someone files a voluntary bankruptcy petition, the automatic y stay goes into effect. This generally means that creditors can’t take action to recover payment from the debtor. The automatic stay is covered under the Bankruptcy Code, and it has two primary...
In California and other states, no one wants to find themselves in a position where they need to file for bankruptcy protection. However, separating the facts from the fiction can demystify the process and help people make informed decisions about how this option may...
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...
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...
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 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...
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...
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...