Understanding the Wildcard Exemption in Chapter 7
In the vast majority of cases, people are absolutely terror-stricken at the very mention of bankruptcy, mainly because they’re under the impression that they will lose all of their assets and possessions if they start down this road. However, this is a common misconception. In California (and throughout the USA) there are legal safeguards in […]
Chapter 7 Wildcard Exemption: An In-Depth Guide
Most people view bankruptcy as the end of the line – a final nail in the coffin of financial stability. However, this couldn’t be further from the truth, all thanks to one specific system in the California bankruptcy process: exemptions. These powerful legal tools can make all the difference in safeguarding your assets, effectively turning […]
7 Methods for Stopping Creditor Harassment
Creditor harassment is an unfortunate reality that many individuals and families face when they find themselves struggling with debt. The constant calls, inappropriate mannerisms, and aggressive collection tactics can leave you feeling overwhelmed and helpless. However, by arming yourself with knowledge, taking proactive measures, and seeking appropriate assistance from a reputable San Diego creditor harassment […]
Chapter 7 Means Tests: An In-Depth Guide
Chapter 7 is a common option for those seeking to eliminate overwhelming debt and get a clean financial slate. However, before one can file for this type of bankruptcy, they must pass what is known as a “means test”. The means test is a critical aspect of the bankruptcy process in California, whose purpose is […]
Details About Foreclosure in California
Accumulating debt sometimes just happens, and missing a mortgage payment or two doesn’t seem like a big deal at first. However, if left to develop, continuing to avoid your financial obligations will inevitably lead to serious problems, one of the most common ones being foreclosure. That’s when it hits you and that’s when you start […]
Chapter 7 Bankruptcy Roadmap
Sometimes, life can throw financial difficulties your way, leaving you feeling helpless and overwhelmed. Fortunately, California’s legal system has some safeguards in place that can offer a means to a fresh start. One of these life-saving options is Chapter 7 bankruptcy. However, navigating the nuances of the process often seems confusing and intimidating to those […]