Blog
14
Jul 2023
Can I File for Bankruptcy If I Own a Home in Sacramento ?
The thought of filing for bankruptcy frightens everyone. Bankruptcy (specifically chapter 7) is a legal order allowing the bankruptcy court to seize certain assets because the organization or individual cannot cover outstanding debts. Thus, the first...
14
Jul 2023
What is a Proof of Claim in Bankruptcy?
Bankruptcy is a legal proceeding that allows a person or business in debt to eliminate their debts or find an affordable way to pay their creditors. Filing for bankruptcy grants you an automatic stay, preventing creditors from threatening or demanding...
31
Mar 2023
What Bankruptcy Can and Cannot Do in California
If you are experiencing financial difficulties and are considering declaring bankruptcy, you must understand what bankruptcy will and will not do for you. For debtors, bankruptcy could be a potent tool. It enables you to manage your debts and restart...
30
Mar 2023
Selling Property Before Filing for Bankruptcy in California
If you are thinking about declaring bankruptcy, you're likely in a tough financial state. You might consider selling items that are more valuable and use the proceeds to sustain yourself. Although this is permitted in certain cases, you could suffer...
22
Feb 2023
What not to Do Before Bankruptcy in California
Bankruptcy is a legal remedy where you can discharge your debts or make an affordable repayment plan to pay your creditors. For most people, bankruptcy is the last option when they cannot cover their debts and the creditors keep contacting and...