Bankruptcy provides relief for many clients with debt resulting from a car accident. In many cases, these debts stem from a lack of insurance and property damage, and even in others, the debt itself relates to a personal injury lawsuit after a car accident. These debts following a car accident are often dischargeable, but in […]
The Cost of Filing Chapter 7 Bankruptcy in Sacramento
2020 UPDATE: you can view the 2014 article here. Filing Chapter 7 bankruptcy in California can be expensive at a time when individuals can least afford the expense. However, filing chapter 7 bankruptcy in Sacramento can be cheaper than in other areas of California. This is due in part to the number of low-cost bankruptcy […]
Is A Payment Plan With Your Bankruptcy Attorney A Good Idea?
Recently I’ve had several new clients come to me after their payment plan with another bankruptcy attorney fell through. Either their income increased over the course of the payment plan and they no longer qualified for chapter 7 bankruptcy or their attorney was slow to prepare the petition. With so many dejected clients who agreed […]
Does Bankruptcy Erase Child Support and Alimony?
Divorce can be an expensive process with lasting financial consequences. After paying thousands of dollars to a divorce attorney, the income-producing spouse may be saddled with ongoing child support and spousal support obligations. As child and spousal support awards impose a financial burden, many supporting parents wonder whether child support and spousal support can be […]
Why does my bankruptcy attorney need so many documents?
Nearly every bankruptcy attorney asks their clients for pay stubs, bank statements, and tax returns before filing the bankruptcy petition. These documents are necessary for both the preparation of a bankruptcy petition and complying with the mandatory document submission to the Trustee that occurs after filing. Pay Stubs To qualify for chapter 7 bankruptcy your […]