Helping With Your Financial Future
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...
When you overextend yourself financially and cannot pay your bills, creditors may start filing lawsuits to seize your assets. Under normal conditions, your retirement money may be vulnerable to these claims. However, once you file for bankruptcy in California, federal...
California residents with massive debt might find that they have no option other than bankruptcy. If alternatives like debt relief are not the answer, Chapter 7 bankruptcy might be appropriate. A notable benefit of going this route is that some property is protected....
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...
Debt situations could make life challenging for those unable to cover their obligations. When debt levels become so high that repaying creditors proves impossible, the debtor may file for bankruptcy in a California federal court. Many look towards Chapters 7 and 13 as...
If a business cannot pay its debts, it may file for Chapter 11 bankruptcy. The ultimate goal of this type of bankruptcy involves reorganizing debts to make paying creditors feasible. Chapter 11 eligibility Primarily, businesses file for Chapter 11 bankruptcy. These...
Bankruptcy is one of the best ways to deal with your debts in California. The process helps you pay out what you can to your creditors and eliminates some of your obligations, giving you a clean slate to rebuild your financial future. However, bankruptcy doesn't cure...
California homestead exemptions are a set of laws that protect a homeowner's equity in their residence from being seized to pay off creditors. These exemptions can be particularly useful for individuals facing financial difficulties, such as those who have filed for...
Bankruptcy laws are very complicated and can confuse the most astute filer. However, it's vital to know the laws governing bankruptcy, both federal and state, and how much cash is allowed. If you're considering filing bankruptcy in San Diego, whether Chapter 7 or...
Life after bankruptcy is a tough time for many California consumers, so much so that they may have to forego buying a new home because they can't afford one. However, there are a few things people might need to consider when it comes to buying a home post-bankruptcy...