Sacramento Bankruptcy Lawyer serving Vallejo discusses the advantages of filing Chapter 7 or Chapter 13 Bankruptcy instead of Debt Management Plan (DMP) – Part Two In my last blog post I discussed how DMPs are not formally legally binding agreements and their long time commitments. DMPs can still harm your credit score It seems logical  Read More

Sacramento Bankruptcy Attorney serving Carmichael discusses the advantages of filing Chapter 7 or Chapter 13 Bankruptcy instead of Debt Management Plan (DMP). There are numerous reasons why people are reluctant to file for bankruptcy protection.  They worry about the impact on their credit, they worry about the judgment of others, and many people have heard  Read More

When you are overwhelmed about debt, any chance at relief may seem like a good idea.  At a certain point, many creditors may decide that getting something is better than nothing, and offer to cancel a portion of your debt.  What are the downsides, if any, to Cancellation of Debt, aka Debt Forgiveness? What is  Read More

Sacramento Bankruptcy Attorney serving Citrus Heights and Eldorado Hills warns of consumer scams that will never deliver the relief they promise, whereas filing a Chapter 7 or Chapter 13 bankruptcy does deliver debt relief Watch out for Consumer Scams that Prey on Debtors; especially don’t fall for the ‘Obama debt bailout program’ scam Did you  Read More

Sacramento Bankruptcy Attorney serving Antelope discusses one alternative to filing Chapter 7 or Chapter 13 bankruptcy by use of “debt relief agencies” which are now subject to new FTC guidelines for consumer protection One alternative to filing for bankruptcy is to use the services of a debt relief agency.  A debt relief agency, also known  Read More