Subchapter 5: What Is It & What Should I Know About It?
Subchapter 5 was a welcome addition to the already very beneficial and debt-liberating Chapter 11. The year 2019, the time when Subchapter 5 took real effect, was the starting point of making reorganization bankruptcy a lot more accessible to small and boutique businesses across the United States. However, it seems that many business owners still […]
Types of Debt Chapter 7 Eliminates
You’re in debt, and first you need to know that that’s OK. Show us one person who hasn’t made a poor financial decision in their life and let them throw the first stone. It happens, and you can’t dwell on it. However, what you can do is hire one of San Diego’s reputable Chapter 7 […]
The Complete Guide to Bankruptcy Exemptions in CA
The primary reason why people tremble in terror at the very mention of bankruptcy is a misplaced notion that they’ll lose everything after filing for Chapter 7: their home, car, savings, and even clothes off their backs. While Ch7 is the so-called “liquidation bankruptcy”, meaning the bank has the right to seize your property, the […]
Glossary of Essential Bankruptcy Terms
Considering filing for bankruptcy can be overwhelming, especially if you don’t understand the most important terms. Regardless of why you might be going the bankruptcy route, you should be familiar with the process which includes knowing the terms and not being fooled by bankruptcy myths. Also, most importantly, you should hire San Diego, CA’s leading […]