Bankruptcy Law Blog

How to Recover Your Finances after Filing for Bankruptcy When you file for bankruptcy, it will be listed on your credit score for up to ten years. Your credit score will remain low until you start to rebuild your credit. Rebuilding your credit score after filing takes time and diligence. Taking out credit is the…

Navigating Your Taxes after Filing for Bankruptcy Tax season is upon us and those who have filed for bankruptcy may be wondering if they have to file for taxes. The answer is simply, yes. Filing taxes after filing for bankruptcy does not have to be a big ordeal. Keep in mind that there are aspects…

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…

California Creditor Harassment Lawyer Under state and federal laws, creditors are restricted in their collections activities. The federal Fair Debt Collection Practices Act (FDCPA) makes it illegal for creditors to engage in threatening, offensive or intimidating behavior against any individual debtor from whom they are trying to collect on a bill owed. Stop Creditor Harassment.…

One of the main reasons people don’t seek the protection of bankruptcy is because there are so many misconceptions out there. Some people think it simply bad to file bankruptcy. Others think Chapter 7 is better than Chapter 13, or vice versa. The truth is that bankruptcy is a tool that the Constitution has provided…

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…

At Liviakis Law Firm, we work with real estate owners who have complex debt problems and wish to obtain financial stability through use of the Bankruptcy Code. Whether residential or commercial property, Chapter 11 bankruptcy and Chapter 13 bankruptcy provide the opportunity to sell property in bankruptcy at a price that maximizes profit for business…

Homeowners all over the Sacramento area are taking stock of their finances to plan ahead for the New Year. Mortgage obligations can lead to financial stress when mortgage payments change or income fluctuates. Fortunately, Chapter 13 bankruptcy provides various opportunities for homeowners to delay or prevent foreclosure and pay off backed up payments on their…

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…

One of the great things about the Sacramento area is that there are rich opportunities for small businesses to thrive and flourish from Carmichael to El Dorado Hills. There are restaurants owned locally on every street. There are offices for every type of professional service, from dentists to certified public accountants. While these small businesses…