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How Does Chapter 13 Bankruptcy Affect Your Credit in California?

How Does Chapter 13 Bankruptcy Affect Your Credit in California?

The two most common types of bankruptcy in California are Chapter 7 bankruptcy, a fast process that involves liquidation of property, and Chapter 13 bankruptcy, a longer procedure where debtors make monthly payments to keep their property while reducing or eliminating...
Can You Put Back Taxes in a Chapter 13 Bankruptcy in California?

Can You Put Back Taxes in a Chapter 13 Bankruptcy in California?

We usually think of credit cards and medical bills as the leading culprits behind consumer debt. However, many Californians struggle with an additional source of financial hardship: taxes owed to the IRS. While tax payments can seem overwhelming, the good news is that...
Can You Keep Your Car if You File Chapter 13 in California?

Can You Keep Your Car if You File Chapter 13 in California?

Chapter 13 is sometimes referred to as “reorganization” bankruptcy. That is because the core feature of Chapter 13 bankruptcy is a reorganization plan, which will last from three to five years depending on your disposable income, the nature of your debts,...