Bankruptcy Doesn’t Have To Be Expensive Some clients simply cannot afford my fees. While I try to charge fees that fairly compensate me for my time and service I can’t always charge a fee that clients in financial distress can afford. These clients will need to file pro se, hire a bankruptcy petition preparer or retain a […]
How Ch 13 is different than Ch 7
How Chapter 13 is different than Chapter 7 Bankruptcy Chapter 13 bankruptcy is far more complex than chapter 7 bankruptcy. In chapter 7 bankruptcy non-exempt assets are sold with the proceeds given to creditors in a certain order. In chapter 13 bankruptcy debts are reorganized and repaid in whole or in part over 3 […]
The Bankruptcy Limitation To The California Consumer Recovery Account
Bankruptcy, The Fraud Element, & Recovery From The Consumer Recovery Account The California Consumer Recovery Account allows those who have been defrauded or had trust funds converted by a real estate licensee in a transaction requiring a license to recover up to $50,000 of their actual losses when the real estate licensee has insufficient assets […]
Chapter 13 Can Save Your Home From Foreclosure
Foreclosure? Chapter 13 Bankruptcy Can Help It’s old news that chapter 13 bankruptcy can stop a foreclosure. When you file chapter 13 bankruptcy the automatic stay prevents the lender from executing a Trustee’s sale or otherwise continuing with the foreclosure process. However, what many people who lose their homes to foreclosure do not realize in […]
Wage Garnishment and Bankruptcy in Sacramento CA
How Bankruptcy Can Fix Your Wage Garnishment A wage garnishment occurs when a judgment creditor sends a wage garnishment order to your employer requiring your employer to withhold a certain percentage of your wages and remit that percentage to the judgment creditor. Usually, before a creditor can garnish your wages they must get a judgment […]