Blog

Lowe's Shuts down Bankrupt California Hardware Chain

The hardware supplier, Orchard Supply Hardware, started 87 years ago in 1931, will be serving its last customers in California, Florida, and other states in 2018. Orchard Supply began as Orchard Supply Farmer Co-op, a modest co-op formed by 30 farmers based in the San... Lowe's Shuts down Bankrupt California Hardware Chain

How Common Are Bankruptcies?

Bankruptcies often land in the headlines when a big-name celebrity files for Chapter 11. We often hear of companies such as restaurants or big box retail stores in our own neighborhoods declaring bankruptcy. Even the President of the United States has owned or... How Common Are Bankruptcies?

The 341-Meeting

Many individuals who visit a bankruptcy law firm in California fear attending court as a step towards filing Chapter 7. The 341 meeting of the creditors is usually the one and only court appearance individuals filing for Chapter 7 bankruptcy must attend. Additionally,... The 341-Meeting

Should I Declare Bankruptcy after Retirement

You've planned and budgeted for your retirement and now you seem to still be falling behind in payments. Perhaps you've lowered your standard of living because of unforeseen medical expenses. Maybe you're spending more on expenses like co-payments for prescription... Should I Declare Bankruptcy after Retirement

How to Finish Chapter 13 Bankruptcy in 36 Months

One of the main reservations bankruptcy law firms see from individuals regarding filing for Chapter 13 bankruptcy is the initial uncertainty surrounding how long the bankruptcy will last. Chapter 13 bankruptcy requires debtors to enter into a repayment plan with the... How to Finish Chapter 13 Bankruptcy in 36 Months

Can I Keep My Tax Return in Chapter 13 Bankruptcy?

Chapter 13 bankruptcy requires fiscal discipline and the willpower to stick to a budget in order to eliminate your debt. It's tough, but countless individuals have been through the process, eliminated their debts, and received a fresh start with their finances. People... Can I Keep My Tax Return in Chapter 13 Bankruptcy?

Students from Bankrupt Corinthian College Receive $67M

It's been a long road for Corinthian Colleges, Inc. students who were blindsided by campus closings and subsequent Chapter 11 bankruptcy in 2015. Since then, students who took out loans to attend the for-profit, post-secondary education institution have been fighting... Students from Bankrupt Corinthian College Receive $67M

What Can Bankruptcy Do for Me?

For individuals unfamiliar with bankruptcy, there are numerous myths surrounding the popular form of debt relief. It's important to know exactly what bankruptcy can and can't do before embarking on filing for Chapter 7 or Chapter 13 bankruptcy. Because of the... What Can Bankruptcy Do for Me?

The 180 Day Rule in Bankruptcy

Filing a California bankruptcy requires debtors to disclose all assets. Once you have listed all assets you can then apply exemptions to certain types and values of the property. These bankruptcy exemptions protect that specific real and personal property from being... The 180 Day Rule in Bankruptcy

Fairfield Bankruptcy Watch: Mission Solano

Mission Solano, a California homeless shelter announced this week that its board of directors is pursuing Chapter 7 bankruptcy  this week and will eliminate its nonprofit status. Business bankruptcy in Fairfield, CA offers the benefit of reducing debt for a struggling... Fairfield Bankruptcy Watch: Mission Solano