Some people understand the difference between Chapter 7 and Chapter 13 bankruptcies in California. In Chapter 7, a debtor can wipe out most of their debt without paying their creditors a dime. On the other hand, in Chapter 13, a petitioner will pay a portion or all...
Having your car repossessed could start a chain reaction of problems. If your car was necessary to get to work, transport your children to school, or just run daily errands, losing it could make making ends meet more challenging. Besides losing the car, you might have...
People worry about debt. They also worry about their credit score. One of the reasons people facing a difficult financial crisis avoid bankruptcy is because they are worried about its effect on their credit score and credit report in the future. However, while filing...
When tax season rolls around, people and families look forward to receiving and spending their federal tax refund. It is not uncommon for people to rely on their tax refund to pay-off debts or other household expenses. Sometimes, the refund is just some old fashion...
People have some expectations and questions when they file for bankruptcy in California. On the top of a debtor’s list is whether they can keep their house or their car. However, outside of their residence and vehicle, one of the most expensive items people own...
For many people filing their federal income tax return is followed by the anticipation of receiving a refund check from the government. This annual refund becomes part of an individual’s yearly budget. When filing a bankruptcy the question arises of what becomes...
