After Bankruptcy, are you getting your mortgage statements? After you file bankruptcy, you are still supposed to keep getting your mortgage statements.  But, are you? This question came up at the 29th Annual Meeting of the National Association of Consumer Bankruptcy Attorneys.  (I’m at that meeting this week, which was supposed to be in Orlando, […]

Many married people in California have individual debt. When they fail to make payments on their debt, their creditors are entitled to take legal action to collect. One step a creditor can take is to get a judgment and levy a person’s property, including their bank account.  Because California is a community property state, the […]

Businesses have been hit hard on account of the COVID-19 pandemic. While many people have had protection & help through stimulus checks, eviction moratoriums, and extended employment benefits, businesses- both large and small- have not had as much help.
Many businesses and corporations have filed for Chapter 11 bankruptcy amid the COVID-19 pandemic. Although worrisome, Chapter 11 bankruptcy does not mean a company completely stops operating, it just means they are struggling.

If you experience financial problems that make you unable to pay the money that you owed to a creditor, declaring bankruptcy may be your last option to seek debt relief. Bankruptcy will allow you to reorganize your finances, pursue debt settlement, and pay off a creditor. Different types of bankruptcy will help you manage your finances and pay your debts.

For most people, bankruptcy works. For most people “debt settlement” doesn’t work. One reason.  The debt settlement people charge enormous fees–FDR and NDR charge at least $6,000 to “settle” $40,000 in credit cards (and you still have to pay the settlement). Plus, they usually don’t work . See this email I got this email today […]

For most people, bankruptcy works. For most people “debt settlement” doesn’t work. One reason.  The debt settlement people charge enormous fees–FDR and NDR charge at least $6,000 to “settle” $40,000 in credit cards (and you still have to pay the settlement). Plus, they usually don’t work . See this email I got this email today […]

For most people, bankruptcy works. For most people “debt settlement” doesn’t work. One reason.  The debt settlement people charge enormous fees–FDR and NDR charge at least $6,000 to “settle” $40,000 in credit cards (and you still have to pay the settlement). Plus, they usually don’t work . See this email I got this email today […]

People who file for bankruptcy in California often have questions regarding the process and its impact on their lives after filing. Having a bankruptcy on your credit report could affect your ability to rent an apartment, obtain a loan, or qualify for a mortgage. Some potential debtors are concerned about how filing for bankruptcy will […]

Everyone experiences some sort of financial struggle. Good news: this is not the end-all-be-all! Some of the most successful people ended up filing for bankruptcy before they were rich and famous.
Some of your favorite celebrities are on this list! Click the link below to see all 9 famous people who filed for bankruptcy before they became rich!
P.S.: There is a former U.S president and a financial advisor on this list!

Many people in California rely on their disability benefits, either Social Security Disability Insurance (SSDI) benefits or Supplementary Security Income (SSI). This monthly income is required to pay rent, food, utilities, and other necessities. While creditors in California could garnish your regular wages, they are generally prohibited from garnishing your disability benefits. However, your benefits […]