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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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What Bankruptcy Can and Cannot Do in California?

May 22, 2023

Bankruptcy helps individuals and businesses struggling with overwhelming debt. Chapter 7 bankruptcy, also known as "liquidation" bankruptcy, allows the sale of the debtor's non-exempt assets to pay off as much...

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What Is Bankruptcy Fraud in California?

May 15, 2023

Unexpected personal crises like divorce, health problems, and unemployment are common reasons for declaring bankruptcy. Most people who file for bankruptcy are often individuals undergoing severe financial crises....

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Franchise Bankruptcy and Chapter 11 in California

April 17, 2023

Bankruptcy is sometimes the most appealing alternative for a franchisee, but it's also not the worst-case scenario, and it isn't unpleasant for a franchisor. Looking at the brand's future holistically, business...

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Exemptions in Chapter 7 Bankruptcy in Los Angeles

February 17, 2023

Using bankruptcy exemptions when filing for bankruptcy under Chapter 7 allows you to keep some of your valuable assets and dispose of others to pay your debts. At the very least, the process does not entirely...

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Exemptions In Chapter 13 Bankruptcy Work in Los Angeles

January 18, 2023

Exemptions in bankruptcy enable filers to have a new beginning by allowing them to retain some assets like their primary residence. Exemptions also play an essential role in determining the amount you should pay...

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California Bankruptcy Exemptions Work?

December 27, 2022

Declaring bankruptcy in California can help relieve debtors and have a fresh start in their life. Many think bankruptcy involves the creditor taking away all personal properties, including vehicles and homes....

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