When bankruptcy comes to mind, it is likely that you do not think of it as an investment. However, that is exactly what it is. An experienced bankruptcy attorney can help you understand if bankruptcy is right for you, but in the meantime, here are some ways that bankruptcy can be a great investment, not [...]
After years of dedicating our work to bankruptcy cases in California, we have gathered extensive knowledge to help our clients who are considering bankruptcy, are currently going through the process of bankruptcy, or have already finalized their bankruptcy. One of the common questions we receive from clients is how to file taxes correctly after you [...]
What happened recently in a California bankruptcy court case is a good reminder of why it is so important to choose the right legal team for your bankruptcy case. A bankruptcy is a complicated legal tool used to relieve the stresses associated with difficult financial situations, and because of its complexity, the right attorney needs [...]
There is a new trend among those who turn to bankruptcy to resolve their financial difficulties. A recent report out of an institute that closely follows consumer bankruptcy developments details how older Americans are finding bankruptcy as the only way to fix their financial situations. Once the report was published, several newspapers and many [...]
A California bankruptcy court recently confirmed a violation of the Bankruptcy Code’s discharge injunction, but chose not to sanction the party at fault. The case, In re Torres, presented the issue of whether a debt collector violates the discharge injunction of the Bankruptcy Code and whether the violation should result in sanction. The Discharge Injunction [...]
In a recent case out of federal bankruptcy court in California, a judge awarded punitive and compensatory damages to a woman who filed for bankruptcy. This case is an example of how and why it is so important that qualified and talented bankruptcy counsel be used for a bankruptcy filing in California. Background of Case [...]
One of the important assets that can be protected during a bankruptcy are vital retirement funds that one accrues over a lifetime of working. For years the federal government has provided protections and incentives to people so they can save for retirement, and one of those protections has been in the Bankruptcy Code. Under the [...]
One of the most important and fought over areas of bankruptcy law is the automatic stay. This portion of the law is known as the automatic stay provision, and can be found in 11 U.S.C. § 362(k). It is important because of the protections it provides to debtors filing for bankruptcy in California or elsewhere. [...]
image courtesy of Jimi Filipovski Although not the typical result in a bankruptcy case, the Ninth Circuit Court of Appeals recently upheld a bankruptcy judge’s decision to deny a discharge in bankruptcy. We are fortunate to live under a legal system that allows debtors to petition for a discharge, and in most cases, [...]
In an ironic turn of events, the Bankruptcy Appellate Panel for the Ninth Circuit Court of Appeals confirmed an award of $119,000 to a couple that filed for bankruptcy. As if the confirmation of the award was not ironic enough, the court also remanded the case for the bankruptcy judge to consider whether punitive damages [...]
