Updates from our Attorneys & Lawyers
FAQs Bankruptcy (Part 2)
July 22, 2010In part 1, we answered some of the most common bankruptcy questions including explanations on: The difference between a debt negotiation services provider How to file bankruptcy How to avoid repossession of an automobile In part 2, we’ll answer some of the most common questions on Chapter 13 bankruptcy. How does a Chapter 13 bankruptcy [...]
» read moreFAQs Bankruptcy (Part 1)
July 13, 2010Negotiating the best path through the bankruptcy process raises some common questions from people contemplating a bankruptcy court filing. The following are some of the issues which generate the most bankruptcy questions: What are the differences between going with a debt negotiation services provider and filing a Chapter 7 bankruptcy? The biggest difference is that [...]
» read moreChapter 7 Bankruptcy
July 6, 2010Chapter 7 bankruptcy is how most people want to file bankruptcy. When you think of filing bankruptcy or are forced to file bankruptcy, chapter 7 bankruptcy is what you want to qualify for. A chapter 7 bankruptcy will eliminate most unsecured debt completely if you qualify under the “means test”. Bankruptcy lawyers who specialize in [...]
» read moreCalifornia Bankruptcy Attorneys
May 19, 2010» If you are an individual looking for bankruptcy information right now, make sure you speak to a California Bankruptcy Lawyer that has experience in filing Chapter 7 and Chapter 13 bankruptcy. » If you are a business owner or own multiple properties you must consult a bankruptcy attorney that has experience with Chapter 11 [...]
» read moreCan you really eliminate a 2nd Mortgage in Chapter 13 Bankruptcy
May 19, 2010The answer is YES! In a Chapter 13 bankruptcy under federal law 11 USC §506 (a) allows your second mortgage to be stripped off your property and be treated as unsecured debt. Section 506(a) can only be applied to remove a second mortgage off your home if the value of your home is at or [...]
» read moreHow to choose a bankruptcy attorney
May 19, 2010If you go on the internet these days you will find a growing number of bankruptcy attorneys advertising their services. Bankruptcy filing in California is increasing at a record pace due to ongoing financial struggles consumers are facing due to job losses and toxic home loans. While many Californians consider filing bankruptcy, the need for [...]
» read moreOrange County bankruptcy filings are on the rise!
May 19, 2010Orange County statistics indicate things will get worse before they get better. Unemployment in California rose to an all time high of 12.6% while foreclosures in Orange County are up 55% from February alone. Additionally, individual and business bankruptcy filings are up almost 50% from a year earlier and 30% higher than in February. As [...]
» read moreThe Benefits of Bankruptcy
May 19, 2010With unemployment hitting a record of 12.6% in March more than 2.3 million Californians remained unemployed, with 362,000 more people jobless than a year ago. Additionally, many city and county employees are faced with pay cuts as well as small businesses seeing drops in revenue up to 60%. Even so, economists note that further gains [...]
» read more- Chapter 7 | Consumer Liquidation
- Chapter 11 | Reorganize your business
- Chapter 13 | Reorganize your future
- Debt Settlement
- Loan Modifications
- Foreclosure
- Real Estate
