Tag : Chapter 7

Here in the Central District of California we have a huge Pro Se Debtor population; which are filers without a lawyer.  Then, there is another group who pay a paralegal or petition preparer no more than $200.00 to assist them in preparing their bankruptcy papers. Others might higher a lawyer to do the same work […]

Do you owe taxes?  Many who do find themselves facing federal income tax collections and incur penalties, fines, bank levies, or even tax liens when the IRS pursues collections.  Did you know that some taxes can be eliminated and discharged through bankruptcy?  Did you know that bankruptcy can potentially remove tax liens? There are Five […]

As the economy continues to lag, many renters are creating more problems for landlords when they cannot pay their rent.  The duties imposed on a landlord are stringent enough, but what is a landlord to do when the tenant they want to evict files for bankruptcy protection?  The American Bar Association provides this publication that […]

Finding yourself in debt more than $20,000.00 can be very scary.  Maybe you lost your job, income reduced, or recently graduated from college only to find there are no jobs.  These situations can seem disastrous and devastating financially.  The hardest thing to see is an answer to the problem, let alone finding the right answer.  […]

I call a Chapter 7 bankruptcy the “cheaper, better, faster way” to financial freedom from debt.  Simply, you’re in bankruptcy for a much shorter period of time [4-6 months] and most, if not all of your debts are discharged without making payments. This type of bankruptcy case is for those who simply do not have […]

Four weeks without unemployment benefits has financially set back more than 1.3 million Americans this year.  I read articles like, Life Without Jobless Benefits Gets Tougher and I cringe at how they are managing to get by on nothing.  As a bankruptcy attorney I hear hardship stories like these all the time. A recent client […]

Don’t let another Holiday pass you by while you struggle with overwhelming debt.  It is possible to protect against harassing creditors, while keeping your home, cars, retirement and dignity.  A consumer bankruptcy attorney should be consulted to determine a strategy that will provide the result you need with your financial goals in mind.  A great […]

A Chapter 7 bankruptcy is known as a “liquidation bankruptcy” case where the person filing for bankruptcy protection has no money to repay their debt.  This type of bankruptcy case has certain eligibility requirements. THE MEANS TEST To be eligible, a debtor (person filing for bankruptcy protection) must pass the Means Test.  This means that […]

Yes you can obtain credit cards after bankruptcy.  In fact, you can obtain a credit card immediately after filing for bankruptcy, but why would you?  Remember that banks and creditors have come to know two things about those who file for bankruptcy and that is (1) That you can only file for bankruptcy ONCE EVERY […]

A Chapter 7 Bankruptcy case is a liquidation bankruptcy where the debtor has no money to pay their debts.  A person is a debtor if that person has borrowed money from another party and cannot repay the debt on time and have filed for bankruptcy protection. The Bankruptcy Court provides free informational videos for those […]