9 Tips for a Reorganization Plan During Chapter 11
Bankruptcy can be quite a challenging and stressful time for your business. Even so, this situation is not as bleak as it may seem at the first glance. The positive side of bankruptcy is that it’s giving you an amazing opportunity to restructure and emerge even stronger. However, to address financial issues, streamline operations, and […]
A Guide to Student Loan Debt Discharge
Being trapped in the endless cycle of debt repayment is an unfortunate reality for millions of US citizens. Every day, we see individuals struggling to make ends meet while doing their best to keep up with payments – or, rather, because they’re trying to keep up with payments. But, here’s the thing: most of them […]
Types of Debt Chapter 13 Eliminates
Dealing with debt is overwhelming, to say the least. Luckily, bankruptcy provides a way out and a way toward your financial freedom. If you’re considering filing for Chapter 13, you probably want to know what type of debt it can get rid of, so you know what to expect. Keep reading to get the info […]
Ending Chapter 13 Bankruptcy Early: Yes or No?
Fact: Nobody likes being indebted. Even when you know it will all end eventually, even if you know exactly when it will end, even when you know for sure it will end well – there’s always that dose of anxiety instilled by uncertainty and having limited (financial) options. That’s why most individuals who find themselves […]
5 Benefits of Filing Chapter 7 Bankruptcy
You’re thinking about filing for bankruptcy and you haven’t even decided on a chapter yet, but you’re probably already hearing “Oh, bankruptcy… That bad, eh?” and other questions with a similar end. Well’ to that we say ignore them, understand all the advantages bankruptcy has to offer and start thinking about hiring an experienced Chapter […]
Chapter 13 Bankruptcy: Discharge Explained
Arguably the biggest advantage of Chapter 13 bankruptcy is that it allows for a large portion of debts to be fully or partially discharged, once the repayment period is over. However, most filers are unaware of the full extent of the possibility of this approach. Today, we’ll explore several avenues of Chapter 13 discharges, giving […]
How Can I File for Bankruptcy & Keep My Home?
Did you know that you can file bankruptcy and keep your house? Home equity can be protected when filing bankruptcy. For example, in San Diego, residents can protect as much as $600,000 or more in home equity. Now, more than ever, San Diegans are spending lots of time enjoying their homes with their families. Similarly, […]
6 Benefits of 100% Repayment in Chapter 13
Most Chapter 13 plans enable debtors to discharge a certain amount or even the entirety of their unsecured debt. However, in some instances, the debtor may not be eligible for debt discharge or they may consciously opt to repay their debts in full. This is where the so-called “100% plan” comes into play. With it, […]
3 Biggest Benefits of Filing Chapter 11
You’ve probably heard dreadful stories about bankruptcy and how it’s the end of the world as you know it. Well, at least one part’s right – bankruptcy will end your financial troubles and place you on the road to new professional victories. First, inquire about who San Diego, CA’s foremost Chapter 11 bankruptcy attorneys are, […]
Chapter 11 Explained: Goals & Duration
For a business that’s already fallen on hard times, declaring bankruptcy may seem like a final nail in the coffin. However, this way of thinking is just plain wrong – especially if the bankruptcy in question is Chapter 11. As any reputable Chapter 11 bankruptcy attorney in San Diego can confirm, this solution is not […]