Tag : California

When Life Gives You Lemons: OC Edition

Chapter 11, Chapter 7, Family Law and Bankruptcy, Foreclosure, Modifications, Short Sales

From religion to politics; housing, transportation and food, the epic failures of the economic recession have delivered some real big lemons to the OC [Orange County]. No sector of the economy was left untouched and so many lives have been impacted in this recent wave of sour fruit. In July, the OC Metro Magazine’s (@OCMetro) […]

Student Loan Business Profits Buys Sallie Mae CEO A Golf Course

Chapter 7, Student Loans & Bankruptcy

According to this article, the CEO of Sallie Mae has made so much money from the student loan business that he owns his very own golf course!  The article is entitled, Student Loans — Do Criminals Have More Rights? by attorney Richard Gaudreau is rich with information and powerful links, including this one, A history […]

California Bankruptcy Exemptions

Bankruptcy Law Overview, Chapter 7, Exemptions

Whether you’re filing bankruptcy under Chapter 7 or 13 in California, you will get to keep most of your belongings and your home.  That is, if you have a home worth keeping.  Under the law, the keeping of assets is known as ‘exemptions;’ meaning the assets are exempt from being taken to pay your debts.  These exemptions can be found in the […]

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