Blog
21
Mar 2022
Signs you are Headed Towards Bankruptcy in Sacramento
The fight to regain financial stability following unusually big expenditures or devastating losses can exhaust even the most hardworking of us. Digging to get out of debts day in and day out can be emotionally and physically draining and despite your...
21
Mar 2022
How to Prevent Bankruptcy in Sacramento
Debt can prove to be detrimental in many different ways and its effects are felt by a larger number of individuals than you can imagine. Household debt in the country totaled $14.64 trillion by early 2021. These included student loans, mortgages, auto...
04
Mar 2022
What Is A Discharge During A Bankruptcy?
What Bankruptcy Code section governs the Discharge in Chapter 7? 11 U.S.C. § 727 What Bankruptcy Code section governs the Discharge in Chapter 13? 11 U.S.C. § 1328 What is a Discharge? A Discharge in Bankruptcy eliminates a person’s personal...
01
Mar 2022
How Social Security Income and Bankruptcy Works in California?
When contemplating whether or not you need to file for Bankruptcy relief, one of the first items we will need to analyze is your income. The way this analysis generally works is by completing the Means Test. The Means Test was created in 2005 and added...
10
Feb 2022
Why Should I File Chapter 13 Bankruptcy?
The more common type of Bankruptcy that people are familiar with is a Chapter 7 Bankruptcy. In a Chapter 7, you are telling the Court and your Creditors that you have no money leftover after you take care of your ongoing expenses to cover any debt...