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...
Helping With Your Financial Future
Life After Bankruptcy
Recovering from bankruptcy: 5 ways
After filing for bankruptcy, there is a period of financial recovery that requires careful planning and disciplined action. Understanding the challenges ahead and taking proactive steps can help you rebuild your financial health. Here are five ways to recover from...
Your credit isn’t permanently damaged after bankruptcy
Bankruptcy is an opportunity for a financial reboot. It provides a chance to reevaluate your spending habits, create a realistic budget and establish healthier financial practices. In the wake of bankruptcy, the financial road to recovery might seem daunting, but it’s...
Financial steps after bankruptcy
When a person’s debts become excessive, repaying creditors could prove challenging. When California residents find it impossible to repay their debts, they may file for bankruptcy. Bankruptcy can provide relief from overwhelming debt and offer a fresh financial start....
Buying a home after bankruptcy is possible
Many California residents fear bankruptcy and the stigma it holds. However, when you’re struggling with debts and unable to pay some or all of them, it can be a lifesaver. It’s even possible to buy a home after bankruptcy; this is what you need to know and the steps...
Repairing your credit after a bankruptcy
California is the place where many people have realized their dreams. It's also the venue for many bankruptcies over the years. If you fall into the latter category, don't panic. Your credit and reputation are not permanently damaged. There are many methods you can...
Post-bankruptcy car insurance concerns
Anyone considering bankruptcy might have concerns about how the filing could affect them. While filing for Chapter 7 or 13 in a California federal court may help someone struggling with insurmountable debt, bankruptcy will remain on someone's credit history for ten or...
Getting a car loan after bankruptcy
Filing for bankruptcy will have a negative impact on your credit score and this your creditworthiness. Typically, taking this step will result in an at least temporary reduction in your score, which may make you ineligible for certain types of loans. However, it may...
How will your life change under Chapter 7 and Chapter 13 bankruptcy?
Bankruptcies are filed every day in California. If you have amassed significant debt, you may consider filing for bankruptcy to free yourself of this burden. You should realize, however, that life after bankruptcy can be very different. The consequences can shape your...
Rebuild credit after bankruptcy
Excessive debt might prove so massive that a person files for bankruptcy in California. This process provides a way to resolve the situation and find a fresh start. Some might worry about the negative impact Chapter 7 or 13 has on a credit score, but there are ways to...