Bankruptcy

Chapter 7 bankruptcy requirements

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Chapter 7 bankruptcy requirements

Are you a California resident facing bankruptcy? Chapter 7 requirements have changed since the new laws were passed in 2005, but many people do not realize that they still qualify to file for Chapter 7 bankruptcy protection. You might want to set up a free consultation with a California bankruptcy attorney today to find out if you still qualify. […]

Bankruptcy

How to File for Bankruptcy

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How to File for Bankruptcy

Making the decision to file for bankruptcy is not usually an easy one. After all, when you file for bankruptcy, you stand to lose your credit, some of your assets, and, perhaps the hardest loss for most people, your self-respect. However, filing for bankruptcy doesn’t have to be a painful process. If you live in the state of California, start […]

Bankruptcy

California Bankruptcy Exemptions

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California Bankruptcy Exemptions

discharged, but before they are, your creditors can liquidate your assets to recoup some of the lost debt. This process of liquidation may mean losing your home, your vehicle, personal property from jewelry to boats, and even your burial plot. In Chapter 7 bankruptcy, then, bankruptcy exemptions are especially important. In a Chapter thirteen, or […]

Bankruptcy

Chapter 7 Bankruptcy Lawyers

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Chapter 7 Bankruptcy Lawyers

If you have determined you cannot take the collector calls and late notices any longer and you are going to file for private bankruptcy, your next huge call is whether or not you ought to rent a bankruptcy lawyer. It is an enormous risk to undertake to tackle your personal bankruptcy while not the help […]

Bankruptcy

Introduction to U.S. Bankruptcy Law

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Introduction to U.S. Bankruptcy Law

Purposes of Federal Bankruptcy Laws Bankruptcy cases fall under the jurisdiction of the federal court system. Bankruptcy court litigation is handled just like it is in federal district court for civil proceedings. Counsels typically conduct discovery, pre-trial motions and proceedings, settlement discussions, mediation, and trials. Appeals are possible to the federal district court. Bankruptcy laws […]