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How Do I Value My Property in Bankruptcy?

While it may be hard to assign a value to everything you own, the valuation of your property is very important when filing for bankruptcy. When you file for bankruptcy protection, there are several forms to fill out, including the voluntary petition for individuals... How Do I Value My Property in Bankruptcy?

When is the Best Time for Me to File Bankruptcy?

Much of the anxiety surrounding bankruptcy is a factor of the timing. It is said that timing is everything and nothing could hold truer when it comes to the timing of filing a bankruptcy petition. When filing for either Chapter 7 or Chapter 13 bankruptcy there are... When is the Best Time for Me to File Bankruptcy?

Filing for Bankruptcy without a Job

In both California Bankruptcy law, as well as Federal bankruptcy law, there is no requirement that says you must have a job in order to declare bankruptcy. In fact, loss of employment, is a contributing cause of bankruptcy in the US. When filing for Chapter 13... Filing for Bankruptcy without a Job

How to Defend Against a Credit Card Debt Lawsuit

Many individuals struggle with massive amounts of credit card debt. It typically begins when you miss a payment or two, and then start to fall more and more behind. The interest on the debt rises and before you know it, you have a giant credit card balance and no way... How to Defend Against a Credit Card Debt Lawsuit

How to Avoid Wage Garnishments

A garnishment is the legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishments allow the plaintiff, or the “garnishor”, to take money or property from the debtor in order to satisfy a debt. The most common type of... How to Avoid Wage Garnishments

Vacation Homes in Chapter 7 Bankruptcy

We’ve discussed what happens to your primary residence when filing for bankruptcy protection, but what happens to vacation homes in Chapter 7 bankruptcy? Chapter 7 bankruptcy protection can, in many cases, save your primary residence assuming you are able to exempt... Vacation Homes in Chapter 7 Bankruptcy

Gymboree to Exit Chapter 11 Bankruptcy

The San Francisco, California based children’s apparel store, Gymboree, was approved to exit Chapter 11 bankruptcy on September 7th, 2017. The company plans to cut $1 billion worth of debt and joins the list of retailers such as Payless Shoes that have been able to... Gymboree to Exit Chapter 11 Bankruptcy

Can I Be Fired for Filing Bankruptcy?

Even though employment law and bankruptcy law are two separate areas of the law, they often intersect when individuals are concerned about their employment and how a California bankruptcy will affect it. We often hear the question: “Can I be fired for filing... Can I Be Fired for Filing Bankruptcy?

Advantages of Chapter 13 bankruptcy over Chapter 7

Making the decision regarding which chapter of bankruptcy to file is a difficult one. The decision to file Chapter 13 bankruptcy over Chapter 7 depends on what type of debt you are seeking to eliminate, where you live, and what you own. While bankruptcy doesn’t... Advantages of Chapter 13 bankruptcy over Chapter 7