Many people have concerns regarding their financial well-being and with that comes their credit score. Although declaring bankruptcy has a negative effect on your credit score, the effect is varies. It is important to note that the potential credit score drop should not be a deciding factor in whether you declare bankruptcy or not. Drop […]. . .

Qualifying for a Chapter 7 Bankruptcy A Chapter 7 bankruptcy is typically the most desirable bankruptcy for a debtor. It allows you to essentially obtain a fresh start financially by wiping away all debt. However, you must first qualify for a California Chapter 7 bankruptcy. To qualify for a Chapter 7 bankruptcy, the Bankruptcy Code […]. . .

What are bankruptcy exemptions? Generally speaking, the property of a bankrupt petitioner is subject to seizure by the court to repay the debts owed to creditors. This can be property such as your home or car, cash, stocks, and personal possessions like jewelry or valuable furniture and electronics. Federal bankruptcy law allows petitioners to exempt some types […]. . .

Most people would agree that a divorce is always unpleasant. Even if the proceedings begin amicably, disputes or complications frequently arise that can drag out the process, causing you and your family to become hopelessly immersed in the legal system. You need an experience and aggressive divorce lawyer who will assist you to fully understand […]. . .

Have you reached the end of your rope trying to get ahead financially only to fall farther behind? With the economy as it’s been the past decade or so, you’re not alone. If bankruptcy is an option you’ve considered, it’s important that you know all your rights and what to expect. Here is a general […]. . .

Chapter 7 bankruptcy, also called "straight" bankruptcy, is designed to give you a fresh start on your finances. It eliminates most types of debt, and in return the bankruptcy trustee sells your nonexempt property in order to provide partial repayment to creditors. Luckily, most people have very little to no property that is not exempt,. . .