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Blog - Page 4 of 10
Pros and Cons of Filing Bankruptcy
January 2, 2024
Deciding to file for bankruptcy is a significant and challenging choice. You choose bankruptcy when you, as an individual or your business, find yourself in dire financial straits and struggle to handle your debts...
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Are you Responsible for Your Partner's Debts?
December 1, 2023
Since every modern marriage is unique, some people choose to pay their bills and deposit their paychecks into joint accounts, while others prefer to keep separate accounts and view everything as "ours." However,...
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Pre-Bankruptcy Planning
October 19, 2023
Bankruptcy is a legal process that provides individuals with a clean financial slate. However, it is imperative to approach it with meticulous planning and compliance with the law to secure the most favorable...
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What Happens If a Bankruptcy Debtor Dies?
October 5, 2023
A bankruptcy discharge is like a legal lifeline. It is a court order that frees an individual or a business debtor from personally repaying specific types of debts. So, obtaining the bankruptcy discharge is like a...
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What to Expect at the Bankruptcy Meeting of Creditors (341 Hearing)
October 2, 2023
If you have filed for bankruptcy in California or anywhere in Los Angeles, California, you must attend the bankruptcy meeting of creditors. The meeting is required under 11 U.S. Code 341; hence, it is...
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Things You Need To Know About Wage Garnishment
August 25, 2023
Wage garnishment is a legal process that allows a creditor to collect a debt by deducting a portion of a debtor's wages directly from their paycheck. Employers are not always aware of their responsibilities when...
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What is a Bankruptcy Discharge?
July 25, 2023
Oftentimes, two of the more troubling questions bankruptcy filers seek answers to are "What is a bankruptcy discharge?" and "What debts can be discharged in a bankruptcy proceeding? The specific rules for...
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