4 07, 2019

California Debt and the Means Test for Bankruptcy

By | 2019-08-07T02:33:13+00:00 July 4th, 2019|Bankruptcy|Comments Off on California Debt and the Means Test for Bankruptcy

California ranked fifth in average student loan debt at the beginning of 2019. With the average Californian carrying over $37,000 in student loan debt, in addition to credit cards, mortgages, car loans, and personal loans, it is no surprise that consumers would be looking for relief. One option for such relief is bankruptcy. Bankruptcy Basics [...]

5 06, 2019

How Often can a Person File for Bankruptcy in California?

By | 2019-08-07T02:33:26+00:00 June 5th, 2019|Bankruptcy|Comments Off on How Often can a Person File for Bankruptcy in California?

For most people who file for and complete bankruptcy, the fresh financial start is a relief. They recover from the difficult time and move on without having to file for another bankruptcy down the line. Some, though, find that a surprise medical bill, job loss, or some other financial stress results in the need for [...]

6 05, 2019

Why Bankruptcy is a Good Investment for Your Future

By | 2019-08-07T02:33:19+00:00 May 6th, 2019|Bankruptcy|Comments Off on Why Bankruptcy is a Good Investment for Your Future

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 [...]

8 04, 2019

Tips for Handling Your Taxes During Bankruptcy

By | 2019-05-12T02:02:00+00:00 April 8th, 2019|Bankruptcy, Taxes|Comments Off on Tips for Handling Your Taxes During Bankruptcy

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 [...]

9 02, 2019

Bankruptcies Among Older Americans Increasing

By | 2019-05-12T02:01:50+00:00 February 9th, 2019|Bankruptcy|Comments Off on Bankruptcies Among Older Americans Increasing

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 [...]

6 01, 2019

Discharge Injunctions and Bankruptcy

By | 2019-01-06T21:14:25+00:00 January 6th, 2019|Bankruptcy|Comments Off on Discharge Injunctions and Bankruptcy

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 [...]

16 12, 2018

Judge Awards Punitive, Compensatory Damages in Bankruptcy Case

By | 2018-12-21T06:44:38+00:00 December 16th, 2018|Bankruptcy|Comments Off on Judge Awards Punitive, Compensatory Damages in Bankruptcy Case

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 [...]

7 10, 2018

California Bankruptcy Judge Allows Automatic Stay Lawsuit

By | 2018-10-13T19:38:34+00:00 October 7th, 2018|Bankruptcy|Comments Off on California Bankruptcy Judge Allows Automatic Stay Lawsuit

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. [...]

10 09, 2018

Ninth Circuit Court of Appeals Upholds Denial of Petition

By | 2018-10-09T12:55:37+00:00 September 10th, 2018|Bankruptcy|Comments Off on Ninth Circuit Court of Appeals Upholds Denial of Petition

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, [...]

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