Chapter 7 bankruptcy is the most popular form of bankruptcy in Modesto. The majority of Modesto residents who call us for a free phone consultation qualify for chapter 7 bankruptcy and own property that can be 100% protected in chapter 7 bankruptcy. Since chapter 7 bankruptcy eliminates credit card debt, medical bills, pay day loans, […]
Can a judgment be renewed during bankruptcy?
The court in In re Lobherr addressed whether renewal of a state court judgment while a debtor is in bankruptcy constitutes a violation of the automatic stay. The Automatic Stay When a bankruptcy petition is filed the automatic stay arises preventing creditors from continuing debt collection against the debtor, the debtor’s property, and the bankruptcy […]
What Documents Do I Need to Start Bankruptcy?
Filing bankruptcy in Sacramento can be a simple process if the client and attorney are organized and proactive. To file bankruptcy clients must produce proof of income, bank statements and tax returns. In turn, bankruptcy attorneys will draft the petition, statements and schedules in a timely manner. If either the client is slow to produce […]
Does $100 Down to Hire A Bankruptcy Attorney Really Help?
Bankruptcy is a competitive practice area for attorneys. Clients are understandably without financial means, new bankruptcy attorneys are graduating every year and bankruptcy petition preparers charge only a few hundred dollars to “fill in the blanks” on Official Bankruptcy Forms. With so much competition some bankruptcy attorneys advertise “no money down” or “retain for only […]
The Chapter 13 Solution to Foreclosure
Filing bankruptcy is never anyone’s first option for avoiding foreclosure, but with an impending Trustee’s sale chapter 13 bankruptcy may be the most effective way to stop the sale and save the home. The filing of a chapter 13 bankruptcy petition creates an automatic stay against collection actions including the execution of a Trustee’s sale. […]