Business owners in California could lose their business assets if they file for personal bankruptcy under certain circumstances. Whether your bankruptcy places your business in jeopardy will depend on the type of bankruptcy you file, the structure of your business,...
If you decide to file for bankruptcy in California, one of the first choices you will have to make is whether you wish to file for Chapter 7 or Chapter 13. This decision will impact your ability to keep possession of your real estate investments. Typically, if you...
People file for bankruptcy for many different reasons in California, under many different circumstances. In some instances, the trustee and court will review a bankruptcy with more scrutiny because the debtor has additional real estate besides their home. If you own...
A common question people in California who are considering filing for bankruptcy have is, “how much debt to I need?” This question is a reasonable one, as most people anticipate that there are specific rules and regulations governing bankruptcy. However,...
There is no minimum debt required to file for Chapter 13 bankruptcy in California. However, the amount of debt you do have is an important factor when considering bankruptcy as an option. How much debt you need to file depends on your circumstances. The experienced...
No one wants to file for bankruptcy. However, in many cases, filing for bankruptcy is the best option available for people swimming in unmanageable debt or facing foreclosure. One of the basic questions someone contemplating bankruptcy has is, “how much debt...
