WSJ: Creditor-Proof Trusts Replacing Offshore Accounts

    By ARDEN DALE

    As offshore accounts draw greater scrutiny, some financial advisers are having their clients use a special trust as an alternative strategy to shield their assets from potential lawsuits.

    So far, 15 states allow the creation of domestic asset protection trusts, which safeguard securities or other assets of the owner. In the past, they weren't widely used and few states allowed them.

    Why Using Student Loans To Pay Off Debts Is A Horrible Idea

    federal student loans swap for other debtBefore paying off your debts by taking out student loans, consider the consequences.
    Ever take out a federal student loan and think to yourself, “Hey – I should take out a little extra and pay off my credit cards!”
    How did that work out for you?

    Potential Dangers of Filing Chapter 7 Bankruptcy on Your Own

    Management behind “Day Jams” Plans to File Chapter 7 BankruptcyDebtors exploring the option of filing Chapter 7 bankruptcy on their own without an attorney, (pro se) may be in for a few surprises if they do not know what they are getting themselves into. While it is true you have the option to file on your own, it is often not advised for debtors [...]

    The Rules Of Abandonment Of Property In Chapter 7 Bankruptcy

    abandoned propertyWhen your bankruptcy trustee files a notice of abandonment, it’s time to celebrate.
    When you file for bankruptcy, something called an estate is created.

    Dragnet Clauses

    Dragnet clauses are agreements in lending documents that the collateral will secure in addition to the involved debt, other pre-existing and after after acquired debt.

    JCH LAW FIRM CAN HELP PASADENA RESIDENTS, BUSINESSES, & CREDITORS FILE FOR CALIFORNIA BANKRUPTCY

    My current office is located in the heart of the city of Alhambra, California so that I can easily service all clients in the San Gabriel Valley and beyond.  The city of Pasadena, California is no different.  Oftentimes, Pasadena clients don’t believe or realize just how close the city of Alhambra really is.   A Google maps search indicates it’s merely a 13 minute drive of 5 miles, more or less.

    JCH LAW FIRM CAN HELP PASADENA RESIDENTS, BUSINESSES, & CREDITORS FILE FOR CALIFORNIA BANKRUPTCY

    My current office is located in the heart of the city of Alhambra, California so that I can easily service all clients in the San Gabriel Valley and beyond.  The city of Pasadena, California is no different.  Oftentimes, Pasadena clients don’t believe or realize just how close the city of Alhambra really is.   A Google maps search indicates it’s merely a 13 minute drive of 5 miles, more or less.

    Get Mortgage Payments Caught Up with Chapter 13 Bankruptcy

    Use Bankruptcy to Avoid ForeclosureIf you’re seeking an alternative option in helping you get caught up on mortgage payments, Chapter 13 bankruptcy may be a helpful solution.  The plan can help you make missed payments to cure the default with your mortgage.  This option has helped a large number of homeowners avoid foreclosure, while making affordable payments.  Chapter 13 [...]

    Can I file a Southern California Bankruptcy to Delay a Residential Eviction? It Depends….

    So if you are a tenant renting an apartment, house, condo, or whatever may represent your residence, and you find yourself late on renting or unable to fulfill the lease agreement, be prepared to find yourself facing an eviction, otherwise known as an unlawful detainer action.

    Today In Bankruptcy – 08-08-2013

    QuebecBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for August 08, 2013 Railway in deadly Quebec explosion files for bankruptcy NHL May Take Over Devils to Prevent Bankruptcy Video game firm to exit bankruptcy

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