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Can You File Bankruptcy if You Are Unemployed in California?

Can You File Bankruptcy if You Are Unemployed in California?

If you are a California resident who is struggling financially due to unemployment, it may be time to consider filing for bankruptcy, which can help you get a fresh start by reducing or eliminating many of the debts that you owe. However, while unemployment may help...
How to Determine if Chapter 7 or 13 Bankruptcy is Best for You

How to Determine if Chapter 7 or 13 Bankruptcy is Best for You

Bankruptcy may be the best choice for people or businesses who can no longer afford to pay their debts. Bankruptcy allows people to obtain a clean slate by liquidating their assets to pay off debts, or by creating a repayment plan to reorganize and settle their debts....
Does Chapter 7 Cover Student Loans in California?

Does Chapter 7 Cover Student Loans in California?

California is home to some of the most respected colleges and universities in the country. In the Sacramento area, students have opportunities to enroll at institutions like California State University (CSU), the UC Davis School of Medicine, and the McGeorge School of...
Exemptions in Chapter 7 Bankruptcy in California

Exemptions in Chapter 7 Bankruptcy in California

Unfortunately, it has become a common misconception that filing for bankruptcy will cause you to lose all of your property. Very seldom is this actually true. In most cases, the people who file bankruptcy in California – also known as “filers,”...