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Will I Lose all my Stuff if I File Bankruptcy?

Many people worry they will lose all their belongings if they file bankruptcy, or that they must be flat broke to file. When actually, bankruptcy can be a way for you to protect the assets you have. Bankruptcy exemptions determine what property you get to keep, and... Will I Lose all my Stuff if I File Bankruptcy?

What to Bring to a Citrus Heights Bankruptcy Lawyer Meeting

One of the first questions asked of a Citrus Heights bankruptcy lawyer is “What do I need to bring to the initial consultation?” Filing for a California bankruptcy will require you to gather a number of different documents. These documents will help you prepare for... What to Bring to a Citrus Heights Bankruptcy Lawyer Meeting

Credit Card Debt in Chapter 13 Bankruptcy

Credit card debt is one of the most prolific types of consumer debt in California. In fact, the total credit card debt in 2018 for Americans exceeded $1 trillion. For the first time in history, this equates to an average household credit card debt figure of over... Credit Card Debt in Chapter 13 Bankruptcy

Will California's PG&E file Bankruptcy?

If the Pacific Gas and Electric Co. are held liable for the deadly November 2018 wildfire in Northern California, it could add billions to the company's debt. The company’s insurance only covers $1.5 billion, coming far short of the estimated $15 billion in... Will California's PG&E file Bankruptcy?

Where Do I File My Bankruptcy Case

Filing a bankruptcy case is not like filing a divorce case or a lawsuit.  That's because those kinds of cases are often filed in state court.  State court cases are filed in county court houses.  So finding your courthouse is as simple as knowing what county you live... Where Do I File My Bankruptcy Case

New Credit Score Overhaul may Boost Your Credit

Everyone wants a high credit score. Your credit, after all, is the financial key needed to access credit. Over the course of this year, you may have noticed that your own credit score has improved thanks to initiatives by the Consumer Financial Protection Bureau... New Credit Score Overhaul may Boost Your Credit

What is the Debtor Education Course?

Whether you are seeking debt discharge through Chapter 7 or Chapter 13 bankruptcy in California, you must complete the debtor education course as a requirement of the US Bankruptcy Code. The debtor education course is intended to teach you fundamental personal finance... What is the Debtor Education Course?

Sears Closes Stores In Sacramento

Sears Holding Corp, which owns Sears and Kmart, filed for chapter 11 bankruptcy protection last month.  Not showing a profit since 2010, Sears has been unable to compete with giants like Walmart and Amazon. The iconic retailer is attempting to restructure over $5... Sears Closes Stores In Sacramento

Can Tax Debt be Discharged?

A common question often asked by debtors is whether or not tax debts can be discharged in bankruptcy. Tax debts may qualify for discharge if (a) the due date for the return was three years or more before you filed bankruptcy, (b) the taxes were assessed at least 240... Can Tax Debt be Discharged?