Sacramento Bankruptcy Attorney

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

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

A Sacramento-based Bankruptcy Attorney serving Roseville discusses the means test and changes made by the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005: There is a lot of confusion surrounding the changes that were made to the Federal Bankruptcy Laws in 2005.  Many people believe that they are no longer eligible to file,  Read More

When looking into possible forms of debt relief, whether it’s a Chapter 7 or Chapter 13 bankruptcy, you may run across people who strongly advise against ever considering bankruptcy at all. But you need a definite solution to your debt crisis – and right away. Usually, the people who dismiss bankruptcy out-of-hand are playing up  Read More

Sacramento Bankruptcy Attorney serving Roseville discusses what is meant by term “judgment proof” and how it relates to filing a Chapter 7 or Chapter 13 Bankruptcy. When people are considering bankruptcy as an option to overwhelming debt, they often wonder about whether being “judgment proof” applies to them and how it relates to the decision  Read More

Bankruptcy Attorney Sacramento serving Roseville discusses whether people are waiting too long to file for Chapter 7 or Chapter 13 bankruptcy. The question of why wait to file for a Chapter 7 or Chapter 13 bankruptcy, when the delay only increases loss, was published as a report entitled Saving Up for Bankruptcy in a law  Read More

Should Congress Include Home Mortgage Cram-down in a Chapter 13 Bankruptcy? Some economy analysts suggest that our slower-than-predicted attempts to recover from this “Great Recession” is due to the fact our economy is caught in a Catch-22 cycle.  That means individually and collectively we’re caught in a vicious circle of uncontrollable causes and their inevitable  Read More