What Bankruptcy Can and Cannot Do in California
If you are experiencing financial difficulties and are considering declaring bankruptcy, you must understand what bankruptcy will and will not do for you. For debtors, bankruptcy could be a potent tool. It enables you to manage your debts and restart...
Selling Property Before Filing for Bankruptcy in California
If you are thinking about declaring bankruptcy, you're likely in a tough financial state. You might consider selling items that are more valuable and use the proceeds to sustain yourself. Although this is permitted in certain cases, you could suffer...
What not to Do Before Bankruptcy in California
Bankruptcy is a legal remedy where you can discharge your debts or make an affordable repayment plan to pay your creditors. For most people, bankruptcy is the last option when they cannot cover their debts and the creditors keep contacting and...
How to File a Chapter 7 Bankruptcy in Sacramento
Deciding to file for bankruptcy is a challenging decision. You need legal assistance when determining whether to file for bankruptcy. You must consider certain factors before, during, and after filing for bankruptcy. It is only by following the process...
Exemptions in Chapter 7 Bankruptcy in Sacramento
Chapter 7 bankruptcy exemptions exist for specific assets you own individually or jointly. An exemption allows you to protect your property to some degree and you do not need to worry about selling your assets to receive a discharge. Below is a...