San Diego Bankruptcy Law Blog
Helping With Your Financial Future
When you file for Chapter 7 bankruptcy in California or any other state, you may be forced to give up your home, car or other assets. However, it's also possible that you can exempt certain assets from being seized or at least protect a significant portion of an...
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...
Businesses go through bankruptcy for many different reasons. This doesn’t always mean that they have to close. For instance, a business owner could use Chapter 11 bankruptcy to reorganize their debt, allowing the business to remain open. Moreover, the reason for the...
Bankruptcy is often viewed in a negative light. It’s seen as some sort of failure after reckless spending. Nonetheless, this couldn’t be further from the truth. Most people get into financial hardship through no fault of their own. Things such as medical bills and job...
People often think that bankruptcy only occurs when people are irresponsible. It is quite common for people to associate bankruptcy filings with gambling or compulsive shopping habits. However, most bankruptcy filers end up struggling financially through no fault of...
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 prospects of facing life after filing for bankruptcy might feel overwhelming, but it's the perfect chance to hit reset on your financial journey. Rather than sink in despair, taking practical steps and adopting a resilient mindset can lead to a brighter financial...
California business owners can file Chapter 7 or Chapter 11 bankruptcy. Chapter 7 is for businesses that are unable to recover from their financial problems and need to close up shop. Chapter 11 is for operations that can remain in business if their creditors allow...
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...
Bankruptcy is a legal process that can give you a fresh financial start when overwhelmed by debt. It can be an invaluable tool for managing financial distress, but it’s essential to navigate the bankruptcy process carefully. Mistakes are commonplace before, during and...