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Bankruptcy California FAQs

As a bankruptcy attorney in Sacramento California, we see the same initial questions asked time and time again. It's quite normal for individuals who are struggling with debt and considering a California bankruptcy to be concerned about obtaining a mortgage or credit... Bankruptcy California FAQs

Verity Health Systems Files California Bankruptcy

Verity Health Systems, a nonprofit healthcare system which operates four San Francisco Bay Area hospitals, filed for bankruptcy protection last week, as it explores strategic options to eliminate burdensome debt. The organization has been weighing the possibility of... Verity Health Systems Files California Bankruptcy

Will I qualify for a Chapter 7 Bankruptcy in California?

One of the highest “worry factors” surrounding filing for Chapter 7 bankruptcy in California is wondering if you will pass the "means test" required of all consumers filing for bankruptcy protection. As a Sacramento Bankruptcy Attorney firm, it's one of the most... Will I qualify for a Chapter 7 Bankruptcy in California?

Tax Refunds in a Chapter 13 Bankruptcy Case

Some debtors look forward to tax time because that is the time that they receive large tax refunds from the IRS.  Instead of receiving their fair share of monthly earnings, these taxpayers believe that their savings would be better off in the hands of government. ... Tax Refunds in a Chapter 13 Bankruptcy Case

New California Debt Collection Legislation Passed

Debt collectors licensed in the state of California have new requirements that will go into effect starting January 1st, 2019. California Governor Jerry Brown signed Assembly Bill No. 1526 into law on September 5th, 2018, which will amend the Rosenthal Fair Debt... New California Debt Collection Legislation Passed

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