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 […]
Steps to Filing Chapter 7 Bankruptcy in Modesto
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 […]