Bankruptcy Law Blog

During this time of year you hear lots of cutesy terms that encourage consumer spending such as Cyber Monday and Small Business Saturday. These were developed to help spur holiday spending to boost retail sales at the end of the year. But, they aren’t necessarily a corporate greedy tactic. History of Small Business Saturday Known…

The last decade has been an economic roller coaster from the near peak unemployment rate to the housing market bubble and crash. Just a few short years ago, economists were concerned about the rate of consumer spending as most Americans simply weren’t buying enough to sustain economic growth as hoped. Given that consumer spending accounts…

Applying for new credit either after a California bankruptcy discharge or simply looking for new lines of credit, there are some things to consider. Obtaining new credit should be a carefully pursued process and not done on a whim if you want to ensure a solid financial future of payments with these lines of credit.…

Money management can be tricky business, especially when it comes to resolving debt issues. Most people know very little about the bankruptcy process and many are unaware of some common mistakes that could jeopardize their chances at a fresh start following a bankruptcy. If you are considering filing for bankruptcy it is important to work…

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…

The holiday season is upon us which means long lines at the retail store checkout and a general madness around people swarming to grab gifts for loved ones. Unfortunately, the holiday season also means another thing for most families: more debt. The average American family spends upwards of $500 per child on gifts, and $150…

This seems like an odd question for individuals who are thinking about bankruptcy, but it’s more common that you think. The truth is, people that file bankruptcy are not typically financially reckless, but regular people, just like you, who have fallen on hard times. A job loss, expensive medical injury or illness, divorce, or sometimes…

When considering bankruptcy, an Elk Grove bankruptcy lawyer is an absolute necessity, while it can be difficult to know exactly which attorney you need to hire, we’ve come up with some important questions that can help you evaluate the counsel you are considering. Typically all bankruptcy lawyers will offer a free consultation in which you…

If you have heard the terms “debtor’s education course” or “credit counseling” you may already know that this is a requirement of filing for bankruptcy. What you may not know is that you don’t have to be considering an Elk Grove bankruptcy in order to benefit from such a course. In fact, many people seeking…

Today’s economy isn’t what it once was. Gone are the days of a teenager saving enough money to buy a brand new car in one summer, a young college student obtaining a four year degree with zero student loan debt, or a young couple buying their first home under stellar lending terms. While Gen X…