I tell all of my clients to check their credit reports after bankruptcy. There are some dirty tricks that some creditors are using to impact your fresh start. But you don’t have to put up with it. Read on to learn more. After your bankruptcy has been discharged, your credit report should list your unsecured […]
I often consult with people that have waited far too long to declare bankruptcy in Sacramento. Unnecessary delays can be dangerous for a few reasons. But I want to focus on one reason that could cost you big money. If you own a home in Sacramento, you are used to wild fluctuations in house values. […]
The cost of bankruptcy is obviously an important consideration. But how much does Chapter 13 Bankruptcy Cost in Sacramento? Read on to find out this little-known secret. Unlike Chapter 7 Bankruptcy, most Chapter 13 Bankruptcy fees are capped by the Bankruptcy Court here in Sacramento. Not all bankruptcy attorneys are up front about this fact. In […]
I have said it before and I will say it again: one of the top reasons people seek bankruptcy help is because of a wage garnishment. A Sacramento wage garnishment can have disastrous effects on your finances. Here are some tips that can help you deal with a wage garnishment. 1. Be Proactive First of […]
DON’T Pay Back Friends or Family Members In the eyes of the court all creditors are to be treated the same, whether it’s a collection agency, a bank, or your mom. Most people want to pay back their debts, especially to friends and relatives. However, this could create preference issues in your case and the court […]
As you know, discharging student loans in bankruptcy can be difficult. Current bankruptcy law is set up so that bankruptcy discharges for student loans requires special procedures. I am a Student Loan Bankruptcy Attorney in Sacramento, and I am looking for select student loan cases in Northern California. Many people believe that student loans cannot ever […]
I am often asked about what a “Notice of Filing Report of No Distribution.” Almost all Chapter 7 debtors will receive such a notice in their Chapter 7 Bankruptcy case. It is an important document that has big implications for your bankruptcy. As I discussed a few weeks ago, some Chapter 7 cases are “asset” […]
Bankruptcy doesn’t have to be stressful or intimidating. I help dozens of people each month successfully compete the bankruptcy process. Here are some of my top bankruptcy tips for acing your bankruptcy! 1. Be Organized Trust me, the bankruptcy process will go much more smoothly if you are organized from the start. I have seen many […]
There are two main types of Chapter 7 bankruptcies: asset and no-asset cases. There is a huge difference between the two. Read on to learn more about a bankruptcy asset case. Legally speaking, a Chapter 7 Bankruptcy is known as a “liquidation” bankruptcy. The bankruptcy court is empowered to liquidate your assets to provide a […]
Preparing a successful Chapter 7 or Chapter 13 bankruptcy involves many steps. One of the most important steps in any bankruptcy is to ensure that you have listed all of your creditors. Here’s why. After a Chapter 7 or Chapter 13 bankruptcy is filed, the court will send every creditor a notice of bankruptcy filing. This […]