Articles from St. Petersburg Bankruptcy Law Blog

What is the Average Credit Score After Filing Chapter 7?

People worry about debt. They also worry about their credit score. One of the reasons people facing a difficult financial crisis avoid bankruptcy is because they are worried about its effect on their credit score and credit report in the future. However, while filing for Chapter 7 might lower your credit score in the short-term, […]

Will I Get My Tax Refund if I Filed for Bankruptcy in California?

When tax season rolls around, people and families look forward to receiving and spending their federal tax refund. It is not uncommon for people to rely on their tax refund to pay-off debts or other household expenses. Sometimes, the refund is just some old fashion spending money. However, people in California who filed for bankruptcy […]

Do I Keep My Cell Phone if I File for Bankruptcy in California?

People have some expectations and questions when they file for bankruptcy in California. On the top of a debtor’s list is whether they can keep their house or their car. However, outside of their residence and vehicle, one of the most expensive items people own is in their pocket. A cell phone or smartphone is […]

How Bankruptcy Affects Your Tax Return in California

For many people filing their federal income tax return is followed by the anticipation of receiving a refund check from the government. This annual refund becomes part of an individual’s yearly budget. When filing a bankruptcy the question arises of what becomes of that expected yearly bonus. The first thing to understand is, when you […]

Will I Lose my Cash Holdings if I File for Bankruptcy in California?

Very few people want to file for bankruptcy. Unfortunately, bankruptcy is the best option available to address significant debt or foreclosure in many situations. One of the first questions every potential debtor has is, “what can I keep?” This is especially true if they have a substantial amount of cash holdings. Our Sacramento bankruptcy attorney […]

How to File for Chapter 7 Bankruptcy in California

Filing for bankruptcy is not an easy decision. Many people will try to find ways to avoid filing, often moving debt from one credit card to another or borrowing more money to pay for existing obligations. One of the reasons people choose to avoid bankruptcy is they do not understand the process and are intimidated […]
The post How to File for Chapter 7 Bankruptcy in California appeared first on The Bankruptcy Group, P.C..

How Soon Will My Credit Score Improve After Bankruptcy in California?

People in California file for bankruptcy for a variety of reasons, from simply being overwhelmed by debt to attempting to stop a mortgage foreclosure. After making the decision to file for bankruptcy and going through the process and obtaining a discharge, people wonder what is next. One of the most pressing concerns is how long […]

Can You File Bankruptcy Twice in California?

Once someone receives a bankruptcy discharge and a fresh start, they imagine things will only improve. For the vast majority of people, that is true. However, for others, the bills and financial obligations start building up again. After they have taken advantage of a California bankruptcy, people facing another economic setback wonder if they could […]

Will I Lose My Equipment (Construction, Farming, etc.) if I File for Bankruptcy in California?

People file for bankruptcy for many different reasons. They also come from many different walks of life. Often, someone who owns a construction or remodeling business falls on hard economic times and looks to bankruptcy as a relief. California also has many family farmers who are seeking relief from their overwhelming financial obligations. One question […]

Will I Lose My Tools if I File for Bankruptcy in California?

When someone is considering filing for bankruptcy, they have many questions and concerns. If someone works for themselves or relies on their tools and equipment for a part of their income, they might wonder if they will lose their tools if they file. While it is possible, there are protections available under California law that […]

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