Bankruptcy Law Blog

Bankruptcy, particularly Chapter 7, often carries an unfortunate stigma that it symbolizes financial failure or irresponsibility. However, this perception is far from the truth. In reality, filing for Chapter 7 bankruptcy is a legal tool designed to help individuals and businesses regain control of their financial situation. But is it morally correct to file for…

Bankruptcy proceedings can be complex, especially when it comes to Chapter 7 bankruptcy. One of the most significant concerns that many people face when filing for Chapter 7 bankruptcy in California is the potential loss of their automobile due to the state’s relatively small exemption amount for cars. Chapter 7 bankruptcy, often referred to as…

Chapter 7 bankruptcy is often seen as a desirable option for those struggling with debt because it can completely eliminate most unsecured debts. However, qualifying for Chapter 7 bankruptcy is not as straightforward as it may seem. The rigorous qualification process is designed to ensure that this type of bankruptcy is reserved for those who…

Bankruptcy, particularly Chapter 7 bankruptcy, can be a daunting prospect for many people. The fear of financial ruin and the potential impact on one’s credit score often deter individuals from considering this as a viable solution for their financial troubles. However, the question remains: Does Chapter 7 Bankruptcy destroy your credit? And is it possible…

When you file for Chapter 13 bankruptcy, you’re entering a legal process designed to help you manage your debts. The process involves a court-appointed trustee who oversees the case. What happens, though, when the trustee files a motion to dismiss your Chapter 13 case? Understanding the implications of this can be vital to your financial…

When facing financial hardship, individuals often turn to Chapter 13 bankruptcy to manage their debt. However, not all Chapter 13 cases are successful. In Sacramento, CA, several factors contribute to the failure of these cases. Understanding these reasons and learning how to improve your odds of successful completion is vital. In this article, we at…

The importance of budgeting for car maintenance expenses as a Chapter 13 debtor cannot be overstated. The financial limitations imposed by a pending Chapter 13 case often make it challenging to finance a new vehicle. Hence, it is critical to maintain your existing vehicle in good running condition. In this article, we’ll explore the reasons…

The process of acquiring a new car during a Chapter 13 bankruptcy case in the Eastern District of California Bankruptcy Court can seem daunting. However, with the right information and guidance from a reputable law firm like the Liviakis Law Firm, you can navigate this process successfully. Chapter 13 bankruptcy is designed to provide individuals…

What happens if you’re in the middle of a Chapter 13 bankruptcy case and decide you’re not satisfied with your current representation? Changing attorneys during a bankruptcy case, although not common, is permissible in the Sacramento Bankruptcy Court. Bankruptcy proceedings work best with the assistance of a knowledgeable attorney. The first step in switching attorneys…

When considering filing for Chapter 13 bankruptcy, one might ponder the idea of representing oneself to save on attorney fees. This article from Liviakis Law Firm aims to address the question – Should a debtor represent themselves in a Chapter 13 bankruptcy case? Bankruptcy is a legal process that can have long-lasting effects on an…