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Rebuilding Credit after Bankruptcy

May 19, 2022

Bankruptcy is a legal process that allows you to either eliminate your debts or make a reasonable plan to pay them without dealing with harassment from creditors. While filing for bankruptcy helps relieve you from...

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How to Save Money When you Are in Debt

April 25, 2022

It can be overwhelming when you want to save, especially in debt. You will be faced with the probability of compromising on your lifestyle to save money and meet your debt obligation at the same time. But don’t...

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Consequences of Bankruptcy

March 27, 2022

Bankruptcy has long-term effects that should not be underestimated, yet it can benefit individuals and enterprises who are in debt. It can help people settle a portion of their bills and clear off all or a chunk...

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Does Bankruptcy Affect Credit in California?

February 17, 2022

Whether or not a business bankruptcy affects your credit score depends on whether you are personally liable for the entity's debt. Business bankruptcy could affect your credit score if you are personally...

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Deciding When to File for Bankruptcy While Going Through a Divorce in California

January 25, 2022

A divorce is a life-changing event that could be overwhelming emotionally and financially. The divorce proceedings will become more complicated when you can no longer pay your debts. In the United States, money...

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What is the Homestead Exemption in Bankruptcy?

December 30, 2021

Owning a Los Angeles home can be satisfying if you can gain equity as you clear your mortgage. However, with the competitive job market and COVID-19 pandemic, you might not afford your home. When foreclosure...

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How to Time Your Bankruptcy Petition

November 22, 2021

How to time your bankruptcy petition is dependent on several factors. At times it’s sensible to file a bankruptcy petition immediately, and other times it is beneficial to delay. For instance, if you’re facing...

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