Category: General Debt
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Why are you still banking at Wells Fargo?
Are you still banking at Wells Fargo? Why? Let’s sit down and talk about it. Wells Fargo Has Trouble Ever since the financial crisis in 2008, banks have come under scrutiny by the government, press, and even their own customers. As one of the largest banks in the country, Wells Fargo has faced its fair…
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Debt Collection Lawsuit Sacramento
Debt collection lawsuits in Sacramento are common. These lawsuits can be very unsettling. The consequences of a debt collection lawsuit can be enormous. Don’t worry, there are options. Don’t Ignore a Debt Collection Lawsuit The first mistake people make when they discover a debt collection lawsuit is to panic. Worse yet, many folks decide to…
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#1 Best Thing to do to Rebuild After Bankruptcy
I am often asked for advice on how to rebuild credit after bankruptcy. There are no real secrets or shortcuts involved. But I can tell you one thing will make the biggest impact on your credit score after bankruptcy. Paying on Time is the Key Of all the factors that go into a credit score,…
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Why Donald Trump’s Bankruptcies Matter
You may have heard that Donald Trump is running for President. You may have heard that he has filed a few bankruptcies in the past. What does any of this have to with my bankruptcy law practice in Sacramento? Let me tell you. Donald Trump Isn’t Afraid of his Bankruptcies I will withhold my general…
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Three Surprising Facts About Credit Card Lawsuits
Many of my bankruptcy clients were at some point sued by a credit card company. These lawsuits often go unanswered and result in large judgements. Judgements then turn into wage garnishments. Here are a few interesting facts about Credit Card Lawsuits in Sacramento. 1. You Don’t Need to be Personally Served People tend to move…
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Keep Up Car Payments During Bankruptcy
Whether to keep or not keep car payments is something that I typically have to address with my bankruptcy clients. There are several options available to bankruptcy filers. This blog post will focus on situations where the debtor wishes to retain the car and payments. Be Careful After Filing Your Bankruptcy Certain bankruptcy laws make…
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How To Reestablish Credit After Bankruptcy
A top question I am asked by clients is how to reestablish credit after bankruptcy. This is a very important topic. Here are my recommendations. Bankruptcy will stay on your credit report for seven to ten years after filing. This is a long time, but it does not mean that you can’t rebuild your credit…
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4 Tips to Rebuild Credit After Bankruptcy
It is absolutely possible to rebuild credit after bankruptcy. There are many myths out there about re-establishing your credit score after a bankruptcy. Here are some tips and tricks to get you back on track after bankruptcy. 1. Bankruptcy Doesn’t Mean No Credit Yes, it is true — bankruptcy will remain on your credit report…
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Online Loans Are a Fast Track to Bankruptcy
I have been seeing more and more clients with large debts from online loan companies. These loans are proving to be toxic and a fast track to the bankruptcy court. In a financial jam, a quick infusion of cash might seem like just what the doctor ordered. And in some cases, this is absolutely true.…
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SB 308 Bankruptcy Exemptions Failed to Pass
I have been watching Senate Bill 308 quite closely. The bill would have modernized California’s bankruptcy exemptions to allow debtors additional tools to protect their assets from the reach of creditors. Unfortunately, SB 308 failed to pass this year. The first half of the 2015-16 California legislative session came to a conclusion on Friday, September 11.…