“Thank you so much for all your hard work” M.C.
Thank you so much for all your hard work on my case. I appreciate all your support and compassion through a very difficult process.

Financial writer Liz Weston (@LizWeston) writes that many people who could benefit from bankruptcy don’t file because of fear and misplaced optimism.  See Fear of Bankrutpcy Holds Too Many People Back.

Did you know that it’s possible to file bankruptcy more than once? For former debtors, a bankruptcy petition paves the way for a fresh start and a bright financial future. However, an unexpected turn of events such as sudden illness in the family, loss of income, or closure of business can spark another round of financial burden. 
The good news is that even if you have a prior bankruptcy record, you may still submit a new petition after you fulfill the time requirement specified under the bankruptcy code.

Consumer Finance Protection Bureau Announces They Don’t Chase Underground Debt Collectors “We are unable to send your complaint to the company for a response.” That’s what the Consumer Finance Protection Bureau told Chuck Sterling. “The company is not in our complaint system.” Chuck, a former client, received an email today, threatening to “take him into […]

Consumer Finance Protection Bureau Announces They Don’t Chase Underground Debt Collectors “We are unable to send your complaint to the company for a response.” That’s what the Consumer Finance Protection Bureau told Chuck Sterling. “The company is not in our complaint system.” Chuck, a former client, received an email today, threatening to “take him into […]

Business owners in California could lose their business assets if they file for personal bankruptcy under certain circumstances. Whether your bankruptcy places your business in jeopardy will depend on the type of bankruptcy you file, the structure of your business, and the value of the assets. The Bankruptcy Group has years of experience helping business […]

If you decide to file for bankruptcy in California, one of the first choices you will have to make is whether you wish to file for Chapter 7 or Chapter 13. This decision will impact your ability to keep possession of your real estate investments. Typically, if you file for Chapter 7, the bankruptcy trustee […]

People file for bankruptcy for many different reasons in California, under many different circumstances. In some instances, the trustee and court will review a bankruptcy with more scrutiny because the debtor has additional real estate besides their home. If you own investment or rental properties, it might be challenging to protect them in bankruptcy. The […]

A common question people in California who are considering filing for bankruptcy have is, “how much debt to I need?” This question is a reasonable one, as most people anticipate that there are specific rules and regulations governing bankruptcy. However, there is no minimum debt requirement to file for bankruptcy. The real question our attorneys […]

There is no minimum debt required to file for Chapter 13 bankruptcy in California. However, the amount of debt you do have is an important factor when considering bankruptcy as an option. How much debt you need to file depends on your circumstances. The experienced attorneys at The Bankruptcy Group will carefully review your situation […]