Tag Archives: chapter 7
Got an Expensive Car or Bike You No Longer Want to Pay For?
Do you have a car or motorcycle that you bought a while back that you are not too excited about anymore? Are you behind on the huge payments and don’t know what to do? Bankruptcy can relieve you of the vehicle without any liability to follow. Here’s how it works. If you file a Chapter Continue Reading
How Do You Rent A Home With a Bankruptcy on Your Credit Record?
If you have a bankruptcy on your credit record, what can you do to find a new apartment or house to rent after your bankruptcy case has been discharged and closed? Securing a rental property has been a concern for those who are considering bankruptcy as a debt relief solution. Here’s what you can do Continue Reading
March is National Start A Business Month – Learn About Non-Consumer Debt Ch. 7
With National Start a Business Month on the way in March, keep up with your business acumen and learn how to eliminate your business debt in case things do not go as planned. Bankruptcy Code has some built-in flexibility for dealing with business debt. In this article, we will be taking a closer look at Continue Reading
How Will You Prepare for the Next Recession?
Our stock market reached peak heights last year after a long recession. This year, the equity markets are still very strong, withstanding government polarization and a financial system held up by government stimulus and interest rate manipulation. Some believe it is only a matter of time before the profits in the equity markets will be Continue Reading
Jobs Report Misses Expectations
Today’s jobs report has the US adding 113,000 jobs in January of 2014. The reason it has been deemed “disappointing” is because expectations were at 189,000. Unemployment rate reduced from 6.7% to 6.6% according to Wall Street Journal Money Beat. All the market indexes have reacted calmly so far. Are our economy and markets in Continue Reading
Is Student Loan Debt Really Not Eligible for Discharge in Bankruptcy?
Student loan debt is a weight on the shoulders of many Americans. Our client base in Southern California regularly asks us whether or not we are able to help with student loan debt in bankruptcy. There are mixed messages out there on various websites, and most people are under the impression that student loan debt Continue Reading
What is the credit counseling requirement for bankruptcy?
Many are nervous about entering the bankruptcy process with all of the outstanding requirements that are written about online. Our offices in Orange County and Riverside CA have met with thousands of clients who found it challenging to track down all the requirements involved in filing for bankruptcy. Many people feel overwhelmed by what they Continue Reading
Employment and Bankruptcy
Now that our economy is well on its way to recovery, many of those who were unemployed through the recession are now able to find employment opportunities in our areas of service in Riverside and Orange County. So, how do you deal with a bankruptcy while you are employed? Does your employer need to know? Continue Reading
Debt Limits for Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy, there are no guidelines or limits to the debt amounts included in a Chapter 7 bankruptcy petition. If you are considering bankruptcy as a potential solution to your debt issues, you may at some point have asked yourself these questions: 1. Do I have enough debt for bankruptcy? 2. Do Continue Reading
Loan Modification and Short Sale Dual Tracking
Many families and individuals who are dealing with an upside down mortgaged home and an unaffordable mortgage payment have sought relief via loan modification. Unfortunately, there are major financial institutions that continue to entertain the possibility of a loan modification while they also simultaneously pursue a foreclosure through a foreclosure sale or auction. It is Continue Reading