Bankruptcy Law Blog

One of bankruptcy law’s most useful tools is the automatic stay. With an automatic stay the bankruptcy court prohibits creditors from continuing any activities related to collections, which can give some much needed time to get your finances in order. If a creditor does wish to continue collecting a debt during the automatic stay period,…

There are many considerations revolving around student loans whether you are repaying them, shopping for student loans for you or a child, or are currently in default. Student loan debt is among one of the types of debt that is not typically dischargeable in a Chapter 13 bankruptcy. However, while you can’t eliminate the debt,…

In a Chapter 13 bankruptcy case, you formulate a repayment plan for your debts using your income in order to pay some or all that you owe to creditors over a three to five year period. The length of the plan, of course, depends on how large your income compared to your debts. This repayment…

If you are in a situation where you are faced with dealing with bill collectors, it may seem like a stressful situation. One thing the bill collector can do to make a bad situation worse is to use abusive or even illegal tactics. You should know, if you must deal with bill collectors, that there…

With shopping, music, dating, and many more facets of life going digital, it shouldn’t be much of a surprise that debt collectors are getting in on the digital act as well. Digital debt collection is the process of managing debt negotiations via a web portal on the internet versus over the phone which has been…

On June 27th, California Governor Jerry Brown signed legislation that will take away most of the authority of the state tax collection agency, also known as the California Board of Equalization. The move comes after a series of investigations by the California Department of Justice claiming mismanagement of funds, misplacing huge amounts of sales taxes…

Bankruptcy exemptions are an important factor in both Chapter 7 and Chapter 13 bankruptcies in California. Bankruptcy exemptions include assets or property that you are allowed to keep after a bankruptcy. In Chapter 7 bankruptcies, exemptions are in place to determine property that you get to retain after your bankruptcy has been discharged, and is…

Chapter 13 bankruptcy, sometimes referred to as repayment bankruptcy, is a form of debt relief that allows a debtor to restructure their debt and pay back their creditors over the course of three to five years. The Chapter 13 repayment plan is based off of your disposable income and takes into account all your debts,…

There are numerous debt repayment options, each with their own sets of pros and cons. You can choose one of these after factoring in your debt amount, income, monthly expenses, credit rating and the amount of debt that you actually want to pay off. Here are some debt repayment options which you can consider. Debt…

Located at the confluence of the American River and the Sacramento River, Sacramento is also the capital city of the state of California in the US. Renowned for its diverse ethnicity, humongous tree canopy (which is also the largest in the US), archaic charm, Mediterranean climate, and its fast evolving ‘hipster’ culture, the city of…