Bankruptcy

Steps to rebuilding your life after Chapter 7

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Bankruptcy Chapter 7

Recently on our legal forum a user wrote, “I always prided myself on paying my bills on time, living with very little credit, and following a strict budget. I was married for 10 years. During that time my husband spent every last dime we had and made numerous financial mistakes. He recently left me for […]

Bankruptcy

Bankruptcy Information

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So what type of bankruptcy can you file? Bankruptcy laws have made it more difficult for some debtors to simply discharge debt by filing Bankruptcy, but some debtors may still have this option if they meet certain criteria (a median income below the state’s median income level or by passing a means test). Bankruptcy is […]

Bankruptcy

Bankruptcy Myths

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Bankruptcy Myths

Learn the Truth about Bankruptcy in California Bankruptcy isn’t just for spendthrifts who can’t control their charge card habits. Every day, millions of Americans find themselves in over their heads due to unexpected medical bills, prolonged job loss, or suddenly having to take financial responsibility for a relative. Although the consumer credit industry tries to […]

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 […]