To gain the maximum benefits of filing a Chapter 7 or Chapter 13 bankruptcy, begin now and learn about your rights to a fresh start so you can act quickly Only you know the details of your daily life –whether your efforts to earn money, pay expenses, and save for future expenses are reasonable and  Read More

When our firm helps people deal with debt through filing a Chapter 7 or Chapter 13 bankruptcy, we always get to see the before and after picture.  We know for a fact that debt stress is able to change into debt relief.  Since we deal with stressed out people all the time, here’s one question  Read More

MEMO TO:  Anyone Who Reads About Celebrity Bankruptcies FROM: Your Bankruptcy Help Team RE: The facts of ordinary Chapter 7 or Chapter 13 bankruptcies are vastly different than the sensational (and, to you) fantasy life of celebrities with millions in assets and with creditors owed millions of dollars Q:  What do these headlines have in  Read More

What should you do if you’re underwater on your mortgage and you are considering a Chapter 7 or Chapter 13 bankruptcy?  The term “underwater home” refers to houses that have lost so much market value that they are now worth less than the outstanding balance on the home mortgages.  In many cases, a bankruptcy may  Read More

A Nevada economist files for a Chapter 7 bankruptcy?  This unusual news reported in the Las Vegas Sun illustrates the point that financial crisis can catch you off guard.  Even a professional economist who prepares annual budget forecasts for the state of Nevada reports he was surprised to learn that he needed to file for  Read More

Ever notice how debt problems seem to build up slowly?  Unless you have a lot of disposable income (money to spend after paying expenses), your debt can go from “smaller than a molehill” to “a mountain of insurmountable debts.”  This is often true if you lose a job or have unexpected medical needs and your  Read More

DMPs can still harm your credit score It seems logical that if you are making an effort to pay off your debts that this could only help your credit score, but this is not always the case.  While just signing up for a DMP in and of itself may not harm your credit score, your  Read More

Who is the average person who files for Chapter 7 or Chapter 13 bankruptcy protection? A lot of people who are considering bankruptcy feel a great deal of shame, guilt, and embarrassment. Some people believe that the stereotypical bankruptcy filer is someone who is lazy and dishonest.  Some people believe that they brought the situation  Read More

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