Major Differences Between Chapter 7 and Chapter 13 Bankruptcy
When you wonder whether bankruptcy is right for you and your financial situation, you should remember that there are different kinds of bankruptcy proceedings. The…
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Repossession and Bankruptcy: What You Need to Know
When you are facing financial difficulties, you may not always have the funds to pay your debts. These debts can quickly become overwhelming and may…
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How Bankruptcy Affects Your Credit
Bankruptcy certainly can be a wise tool if you are overwhelmed and simply unable to pay the debts that you accrued. In that sense, bankruptcy…
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Can I File Chapter 7 Bankruptcy? The Means Test and What It Means for You
If you have decided that you want to file Chapter 7 bankruptcy proceedings, you first must determine if you meet the eligibility requirements for filing.…
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What is a 341 Meeting in a Bankruptcy Case?
Whether you file for Chapter 7 or Chapter 13 bankruptcy or your business files for a Chapter 11 bankruptcy, one of the first events that…
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Governor Newsom Signs Bill to Increase Homestead Exemptions in Bankruptcy Proceedings
On September 18, 2020, California Governor Gavin Newsom signed Assembly Bill 1885 into law, which increases the homestead exemptions in bankruptcy proceedings. This bill amends…
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Wage Garnishment in California: How It Works
Wage garnishment is a way for a creditor (someone you owe money) to collect money from you. This type of collection only happens after you…
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Is it Better to File for Chapter 7 or Chapter 13 Bankruptcy?
There are advantages and disadvantages to filing for both Chapter 7 and Chapter 13 bankruptcy. What is best for your situation will depend on you…
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