3 FAQs received by bankruptcy attorneys in Sacramento
The Big 3 Bankruptcy FAQs Bankruptcy is a complicated process involving Title 11 of the United States Code. When you file chapter 7 or chapter 13 bankruptcy you are relinquishing control of your property to the bankruptcy estate, and whether you will get to keep certain property will depend upon the correct application of California
Read MoreCan I Eliminate Medical Bills in Bankruptcy?
You Can Eliminate Medical Bills in Bankruptcy Medical bills generally represent unsecured debt. Unsecured debt does not have property “securing” the debt itself, meaning that in the event of default the creditor cannot seize and sell the specific piece of property which “secures” the debt. Unsecured debt is generally discharged in chapter 7 bankruptcy. Once
Read MoreCan I Use Bankruptcy To Eliminate Credit Card Debt?
Question: Can Bankruptcy Eliminate My Credit Card Debt? In short, yes. Chapter 7 bankruptcy can eliminate unsecured debts, and most credit card debt is unsecured. Some credit card debts qualify as secured debt, but this is rare. Most credit card debt is unsecured and subject to discharge in chapter 7 bankruptcy. There are some reasons
Read MoreWelcome To sacramentobankruptcylawyer.us
The Bankruptcy Blog at sacramentobankruptcyattorney.us Welcome to SacramentoBankruptcyLawyer.us. This site will discuss bankruptcy issues encountered by California debtors. Many people filing for bankruptcy have questions like “will my car be sold in chapter 7 bankruptcy” or “what happens at the meeting of creditors.” This site and series of blog posts will address some of these
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