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 […]
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 […]
Top Chapter 7 and Chapter 13 Bankruptcy Myths
Bankruptcy is a legal process in which an individual may discharge most of their personal debts through the process of liquidation or a repayment plan. However, there are also many myths that surround bankruptcy you should be aware of. These myths are not true, and you need to learn more about them in order to […]
Prohibited Creditor Actions: A Comprehensive Guide
Being in debt is burdensome enough, even without adding more stress to an already bad situation. The problem, however, is that creditors and debt collectors seem to ignore this fact in the vast majority of cases. Fortunately, there are laws in place to protect you from abusive debt collection practices. Even if you hire the […]
Can I Lose My Retirement Account Account if I File Bankruptcy?
Retirement accounts are important tools for retirement planning. One of the biggest myths about bankruptcy is that you will lose everything, including your retirement accounts. However, nothing could be further from the truth. While bankruptcy cannot magically wipe away all the debt you’ve incurred, it does help you keep your retirement account intact. Allowing you […]
Creditor Harassment Explained
Being indebted is a harsh reality for many Americans. In fact, it is estimated that roughly 340 million US citizens live with some form of debt or another which creditors work tirelessly to collect. While doing so is well within their legal right, there are rules and regulations in place defining exactly how creditors can […]
How Bankruptcy & Lawyers Stop Creditor Harassment
Do you know what’s more stressful than being in debt and postponing filing for bankruptcy and getting free from it? Constantly going through incessant harassment from your creditors. They just don’t seem to want to stop now, don’t they? Yes, creditors will generally be like that, which is why it’s best to simply find a […]
5 Methods for Finding a Good Bankruptcy Attorney
An experienced, qualified, and most of all pleasant-to-work-with bankruptcy lawyer is essential for smooth sailing through your bankruptcy process and sunny shores that await you on the other side. However, to enlist the best possible legal representation in San Diego for your Chapter 13 bankruptcy, you need to know what qualities to look for when […]
How to Know if You Qualify for Chapter 7 & How Often You Can File
Filing bankruptcy in San Diego, CA often means the difference between continuing to endure creditor harassment and waging the unwinnable war with your debt, and achieving financial freedom and getting your finances back in order. However, before rushing to meet a Chapter 7 bankruptcy lawyer, you have to know if you qualify for Chapter 7 […]