Articles Posted in Bankruptcy

Bankruptcy laws play a crucial role in the financial fabric of the United States, offering a lifeline to individuals and businesses struggling with overwhelming debt. Here’s a deep dive into the various types of bankruptcy, with an emphasis on Chapters 7 and 13, and their application in California. This guide will shed light on the…

Filing Bankruptcy in Sacramento, CA Bankruptcy is a legal procedure that offers a fresh financial start to individuals or businesses unable to cope with their debts. While it can be a complex process, this guide aims to explain how to file for bankruptcy in Sacramento in a simplified, comprehensive manner. Step 1: Initial Consultation The…

At Liviakis Law Firm, we understand that declaring bankruptcy can feel overwhelming. It’s not something you planned or ever wanted to do. However, in reality, it’s a legal tool designed to provide relief to those struggling with unmanageable debt. It’s important for Sacramento residents to know that they are not alone in this process. There…

Many people harbor fears about bankruptcy, especially those who have recently financed major purchases such as a vehicle. For a Sacramento bankruptcy attorney, the question, “I just financed a vehicle, is that going to disqualify me from bankruptcy?” is one that comes up often. Here at Liviakis Law Firm, we assure our clients that financing…

Liviakis Law Firm is commonly asked the question – “Why have I waited so long to file bankruptcy?” Often, struggling individuals and businesses hesitate to consider bankruptcy due to the prevalent myths and misconceptions around it. This article aims to dispel those falsehoods and emphasize the timely consideration of bankruptcy as a feasible option. Understanding…

The Bankruptcy Court in Sacramento, CA provides various services related to bankruptcy issues. These include: Bankruptcy cases in Sacramento are handled by the U.S. Bankruptcy Court for the Eastern District of California. The Sacramento Division serves residents of Sacramento County and surrounding areas. The court is located at: U.S. Bankruptcy Court – Sacramento Division501 I…

When it comes to resolving financial difficulties, declaring bankruptcy could be a viable option. In such cases, finding a bankruptcy attorney near me becomes a task of immediate importance. With the advent of technology and availability of online resources, the search for a bankruptcy attorney has become a less daunting task. Here are a few…

At Liviakis Law Firm, we understand that economic factors play a crucial part in bankruptcy filings. As your Bankruptcy Attorney serving Modesto California, we are constantly monitoring these situations to best advise our clients. Today, we would like to discuss and analyze how increasing U.S tariffs could potentially lead to a rise in bankruptcy filings.…

Understanding Bankruptcy: How Much Debt Makes it Worthwhile? Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. While it is often seen as a last resort, it can be a viable option for those drowning in debt. However, the question often arises, how much debt…

Should You Hire a Bankruptcy Lawyer? Bankruptcy is a legal process that helps individuals or businesses struggling with debts to get a fresh start. However, the process can be complex, and many people wonder if they should hire a bankruptcy lawyer to guide them. There are numerous benefits to doing so, as well as some…