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Chapter 7

Chapter 7 Income Limits for Bankruptcy in California

Bankruptcy lawyers in Sacramento California are most commonly asked how an individual can qualify for Chapter 7 bankruptcy and what qualifications or standards need to be met in order to file. Determining who can file for bankruptcy can be complicated and so seeking out a Sacramento bankruptcy attorney can ensure that this step in the […]

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Chapter 7

Chapter 7 Bankruptcy Discharge Timeline

A Chapter 7 bankruptcy case is typically the quickest and simplest type of bankruptcy in Sacramento. After filing bankruptcy, you can typically expect to have your eligible debts discharged within four to six months. A few things that can slow down your Chapter 7 bankruptcy discharge are additional documentation requests from the trustee, if the […]

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Chapter 7

Chapter 7 Bankruptcy Tax Debt

Chapter 7 Bankruptcy Tax Debt

Contrary to popular belief, you can always discharge your income tax debts in Chapter 7 bankruptcy. However, in order to be able to do so, your tax debts must meet the basic requirements stipulated by the federal government. Chapter 7 Bankruptcy tax debt isn’t cut and dry.  Here is a list of restrictions and qualifications […]

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Chapter 7

Most Common Non-Dischargeable Debts in Chapter 7

If you are considering filing for bankruptcy to resolve your debt obligations it is important that you understand how the process works and what to expect from the process. Your Sacramento bankruptcy attorney will review this information with you, but to begin you should first understand what types of debt you have and how they […]

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Chapter 7

Understanding the Role of Bankruptcy Trustees

A bankruptcy trustee is assigned to every chapter 7 and chapter 13 bankruptcy case after it is filed. The United States Trustee at the Justice Department is tasked with appointing and supervising bankruptcy trustees. By and large, trustees are lawyers or professionals with extensive experience in bankruptcy. The duties of a bankruptcy trustee vary depending […]

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Chapter 7

Allowing the Chapter 7 Trustee to Sell Your Home

Sometimes a debtor should allow the chapter 7 trustee to sell his or her house. The chapter 7 trustee can keep the mortgage company from immediately foreclosing. By stalling foreclosure the trustee is able to maximize the value of the house on the open market.  When the house is sold the debtor walks away with […]

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Chapter 7

Protecting Unpaid Wages in Chapter 7 Bankruptcy

When a consumer gets to the point of filing bankruptcy, they often are living paycheck to paycheck. Making car payments, keeping food on the table for the family, and making sure the lights stay on are the important interests that bankruptcy debtors often wrestle with. So, making sure that they can keep their wages protected […]

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Chapter 7

How Bankruptcy Can Help With Medical Debt

Most people think that credit card debt and student loans are the most problematic type of debt today. However, the booming increases in medical debt can be just as much of a problem for the average consumer. In fact, studies have recently shown that an estimated 1 in 5 American adults may be contacted by […]