Category: Local Bankruptcy News
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Where is the Bankruptcy Court Sacramento?
There are quite a few courthouses in Sacramento. But where is the Bankruptcy Court Sacramento? Read on to find out more. Bankruptcy is Federal Law Most people do not realize that bankruptcy is a federal legal proceeding. In fact, this means that federal law governs all bankruptcy cases. This is the reason that you will not find…
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Sundquist v. Bank of America $46 Million Fine
What happens when a mortgage lender violates the Automatic Stay in the Eastern District of California? Just ask Bank of America. In a recent ruling, Judge Christopher Klein awarded over $46 million in damages against the bank. The Automatic Stay The automatic stay is one of the cornerstones of bankruptcy law. The automatic stay protects bankruptcy…
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Sacramento Bankruptcy Help Desk
Did you know that there is a special place in Sacramento where you can get free bankruptcy assistance? The Bankruptcy Help Desk is available to unrepresented debtors and creditors with bankruptcy questions. Where is the Bankruptcy Help Desk? You can find the bankruptcy help desk at the United States Bankruptcy Court in Sacramento. The address…
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Bankruptcy Motion Forms
Bankruptcy courts are somewhat unique. The bankruptcy courts utilize the same set of identical forms nationwide. These forms are called the “bankruptcy petition and schedules.” The forms are very user-friendly. Bankruptcy motions are a complete separate story. Read on to learn more about motion practice in the bankruptcy courts. What is a Bankruptcy Motion? A “motion”…
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Sued by Sheri Carello Bankruptcy Trustee?
Not everybody knows that a significant amount of litigation occurs in the bankruptcy courts in Sacramento. I represent both debtors and creditors in these “adversary proceedings.” Have you been sued by Sheri Carello? Below is some important information for you to consider. Why am I Being Sued by Sheri Carello? Sheri Carello is a Chapter 7 bankruptcy…
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Sacramento Bankruptcy Trustees
A Bankruptcy Trustee is appointed in each Chapter 7 and Chapter 13 bankruptcy case here in Sacramento. Read on for more information about who these people are and the job they do. Sacramento Chapter 7 Bankruptcy Trustees At the start of a Chapter 7 bankruptcy in Sacramento, the court automatically assigns a Trustee. The Trustee is picked…
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Uber Bankruptcy Sacramento
The number of people driving for Uber and Lyft these days is increasing rapidly. I have noticed many bankruptcy filers in my office reporting that they are working, at least part time, for Uber and Lyft. What does this have to do with bankruptcy? Let me tell you! You Must Disclose All Income in a Chapter…
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New Bankruptcy Scam
I have received word of a new devious new bankruptcy scam going around. I want to alert all of my clients so that they can avoid being scammed. One thing that you need to realize is that your bankruptcy petition is 99.99% public record. The only item of information that is not accessible to the general public is…
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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.…
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When Are Chapter 13 Payments Due in Sacramento?
Chapter 13 bankruptcy is a reorganization bankruptcy where the court lets you repay some of your debts over time. Chapter 13 bankruptcy is great for people that do not qualify for Chapter 7 bankruptcy or just need some breathing room to figure out their finances. Every Chapter 13 case involves a monthly payment by the…