Tag Archives: bk orange county
How Do You Decide Between Chapter 7 and Chapter 13 Bankruptcy?
One of the most common questions we get on our phone lines is this: “What is the difference between a Chapter 7 and Chapter 13 bankruptcy?” The simple answer is that a Chapter 7 is the most common consumer level bankruptcy for unsecured debt, and Chapter 13 is a type of bankruptcy that involves a re-organization Continue Reading
You Just Got a New Job… Can You Still Qualify for Bankruptcy?
With economic recovery under way, many people are securing new jobs and better income. If you have a new job and have improved your income, does it mean that you no longer qualify for bankruptcy? There is a good chance you still qualify for bankruptcy. There are many ways to qualify for bankruptcy. The most Continue Reading
Medical Debt and Bankruptcy
Many members of our community in Southern California are looking to bankruptcy to relieve financial problems with medical bills. If you have ever had a medical emergency without proper medical insurance, you know that medical costs are very expensive. Many people who are getting by on unemployment or low wages in the wake of the Continue Reading
Creditors Force Stockton Bankruptcy
The city of Stockton is now filing for bankruptcy. What can consumers learn from the bankruptcy filing of a city? We can take a look at how the city’s dealings with their creditors finally pushed them into bankruptcy. Stockton went through countless hours of meetings with their creditors to see if they can negotiate payment Continue Reading