Articles from St. Petersburg Bankruptcy Law Blog

Is There an Age Requirement for Filing for Bankruptcy in California?

While there is an age requirement to vote, consume alcohol, or drive a car, the Bankruptcy Code does not require an individual to be a certain age to file for bankruptcy. However, even though there is no legal requirement under federal law, state laws make filing for bankruptcy at a young age impractical. In California, […]

How Do I Know Which Type of Bankruptcy is Best For Me?

People thinking about filing for bankruptcy will usually do some research before contacting our experienced Roseville bankruptcy lawyers. One of the first things they will discover is that there are different types of types, or chapters, of bankruptcy filings. This begs the question, “which type is the most beneficial for me?” If you are an […]

How Do I Know Which Type of Bankruptcy is Best For Me?

People thinking about filing for bankruptcy will usually do some research before contacting our experienced Roseville bankruptcy lawyers. One of the first things they will discover is that there are different types of types, or chapters, of bankruptcy filings. This begs the question, “which type is the most beneficial for me?” If you are an […]

Is There an Age Requirement for Filing for Bankruptcy in California?

While there is an age requirement to vote, consume alcohol, or drive a car, the Bankruptcy Code does not require an individual to be a certain age to file for bankruptcy. However, even though there is no legal requirement under federal law, state laws make filing for bankruptcy at a young age impractical. In California, […]

Is There an Age Requirement for Filing for Bankruptcy in California?

While there is an age requirement to vote, consume alcohol, or drive a car, the Bankruptcy Code does not require an individual to be a certain age to file for bankruptcy. However, even though there is no legal requirement under federal law, state laws make filing for bankruptcy at a young age impractical. In California, […]

What are the Top Reasons to File for Bankruptcy?

There are countless reasons why millions of individuals and couples file for bankruptcy. While there are other options available for eliminating or managing debt, bankruptcy offers several advantages. Whether you are struggling with enormous credit card debt or your home is in foreclosure, bankruptcy could offer you the tools and protection necessary to reestablish your […]

What are the Top Reasons to File for Bankruptcy?

There are countless reasons why millions of individuals and couples file for bankruptcy. While there are other options available for eliminating or managing debt, bankruptcy offers several advantages. Whether you are struggling with enormous credit card debt or your home is in foreclosure, bankruptcy could offer you the tools and protection necessary to reestablish your […]

Can You File For Bankruptcy More Than Once in California?

Many people in California have filed for bankruptcy protection, perhaps to discharge their credit card bills, medical expenses, or stop foreclosure on their home. After successfully completing a Chapter 7 or Chapter 13 case, obtaining a discharge order will feel like a fresh start. However, as you are rebuilding your life, you might experience additional […]

Can You File For Bankruptcy More Than Once in California?

Many people in California have filed for bankruptcy protection, perhaps to discharge their credit card bills, medical expenses, or stop foreclosure on their home. After successfully completing a Chapter 7 or Chapter 13 case, obtaining a discharge order will feel like a fresh start. However, as you are rebuilding your life, you might experience additional […]

How Common is Chapter 7 Bankruptcy?

Also known as “liquidation,” Chapter 7 bankruptcies are the most common chapter of bankruptcy filed in the United States. On average, approximately 62% of all personal bankruptcy filings are Chapter 7 cases. Chapter 13 cases account for roughly 37% of personal bankruptcy filings. Less than 1% of the remaining cases filed are individual Chapter 11 […]

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