Sacramento Bankruptcy Attorney serving Citrus Heights discusses types of debt which may and may not be discharged under Chapter 7 or Chapter 13 bankruptcy When evaluating how bankruptcy may provide relief from debt, one first step is to consider the type of debts you have. Whether you file Chapter 7 or Chapter 13 bankruptcy, there are Read More
Lien Stripping is a legal process of eliminating second and third mortgages and home equity lines of credit on homes that have depreciated in value. If you are facing the danger of foreclosure, the concept of lien stripping may be a way for you to keep your home and prevent foreclosure, as it gives you Read More
Sacramento Bankruptcy Attorney serving Elk Grove discusses how to stop creditor lawsuits and garnishments under the Chapter 7 provisions for eliminating debt From the moment you file any bankruptcy petition with the court, the law provides for an “automatic stay,” a legal process prohibiting creditors from beginning or continuing collection attempts. Specifically, your creditors are made Read More
For many people, the decision whether or not to file bankruptcy is a very personal and emotional one. Growing financial problems often affect your entire life. You have feelings of being overwhelmed or trapped, because you are unable to make your monthly payments. You feel your growing unsecured debt as a dark cloud above your Read More
Student loan debt is a particularly difficult debt to deal with when the debtor is in financial hardship. There are very few options here. It is very difficult and costly to eliminate these debts in bankruptcy. It isn’t entirely impossible to do, but in practice, a discharge of student loan debt is rarely achieved. For Read More
Bankruptcy Attorney in Sacramento area, serving Rancho Cordova , points out two lifestyle improvements gained by following a Budget How a Following a Budget Guarantees Two Benefits Which Improve Your Lifestyle Most people don’t like the word “budget “and prefer to call them “spending plans.” But I don’t like budgets because they sound like a Read More
Counseling my bankruptcy clients in Carmichael and Sacramento has developed a Action Plan to Overcome Being Overwhelmed by Money Problems Here’s the plan, but first I have a few questions – 12 to be exact: ON a MONTHLY basis, could you supply the following financial details about your everyday life? 1) What are housing expenses? Read More
