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Bankruptcy Law Blog

Can Bankruptcy Prevent an Eviction in California?

In California, filing for bankruptcy in certain instances may prevent a tenant from being evicted. Bankruptcy is a means by which people can discard debt or make a plan to repay debts to creditors. Filing a petition for bankruptcy will not always protect a tenant from...

What is the Statute of Limitations on Medical Debt in California?

In law, the “statute of limitations” is the deadline for bringing a claim or case. If a creditor wishes to sue a debtor in order to collect a debt, such as a medical bill resulting from a surgery or hospital visit, the creditor must sue before the statute...

Can Unmarried Couples File Joint Bankruptcy in California?

According to court records, in 2016 more than 6,300 Chapter 7 bankruptcy cases were filed in the U.S. Bankruptcy Court for the Eastern District of California, Sacramento Division. The same year, just under 2,150 Chapter 13 cases were filed, bringing the total above...

How Does Chapter 11 Affect Shareholders in California?

Chapter 11 is a form of bankruptcy that, though occasionally used by individuals, is more commonly filed by corporations, partnerships, or limited liability companies (LLCs) in California. The major benefit of Chapter 11 over Chapter 7, which can also be filed by...

The 5 Most Common Reasons People File Bankruptcy in Sacramento, CA

Millions of people file for bankruptcy each year in the United States. California is no exception, with nearly 72,000 cases filed statewide in 2016 alone. Over 14,000 of those cases were filed in Sacramento, peaking during March when more than 1,400 cases were filed....