File Bankruptcy with a Glendale Bankruptcy Attorney Let's face it, when it comes to the economy, you don't need us to tell you just how bad things have been over the last few years. Ever since the stock markets and banks collapsed a few years ago times have been very difficult. The cost of living seems to increase on a weekly basis, while earnings and incomes simply do not. Businesses all over the world have suffered immensely, with many of them going under or being forced to eliminate … [Read more...] about Glendale Bankruptcy Attorney
Filing Bankruptcy Blog
Consumer Action Law Group Offers FREE Legal Consultations for People Who Are Seeking to Determine their Eligibility for Filing Chapter 13 Bankruptcy or Chapter 7 Bankruptcy
People located in Glendale, Los Angeles, Orange County, Pasadena, and anywhere throughout California can now schedule a free consultation with an attorney of Consumer Action Law Group. The in-person consultation with a bankruptcy lawyer will help people learn different aspects of filing bankruptcy and its legal consequences. Moreover, the bankruptcy attorney can carry out an assessment to make sure whether the person qualifies for Chapter 13 bankruptcy protection or not. The bankruptcy … [Read more...] about Consumer Action Law Group Offers FREE Legal Consultations for People Who Are Seeking to Determine their Eligibility for Filing Chapter 13 Bankruptcy or Chapter 7 Bankruptcy
Free Bankruptcy Advice
If you are facing financial hardship, and need answers to your legal issues, we can help you. Our team of bankruptcy attorneys is dedicated to foreclosure and bankruptcy law have successfully helped clients fix their financial problems. Whether you are trying to stop foreclosure or eliminate mounting credit card debt, we can help you find the solution to the hardship that you're currently facing. Not only do we have the answers you need, but our expert lawyers will give you free bankruptcy … [Read more...] about Free Bankruptcy Advice
Secured and Unsecured Debt – What Is the Difference?
In bankruptcy, there are two general types of debt – secured debt and unsecured debt. The type of debt is important because it will determine how much the creditor may receive in bankruptcy. For example, someone filing bankruptcy to wipe out credit card debt will most likely eliminate the debt without having to pay any portion back to the credit card company because it is an unsecured debt. On the other hand, a car loan will most likely have to be paid back because it is secured against the car; … [Read more...] about Secured and Unsecured Debt – What Is the Difference?
Benefits of Filing for Bankruptcy
Immediately upon filing your bankruptcy case for the first time, an automatic stay in bankruptcy is put in place to stop any and all creditor action. That means that a court order is automatically put into place to stop creditors from calling. If a creditor calls after filing bankruptcy, you can demand that they stop collection calls or they will face severe penalties for violating a court order of automatic stay. When you file for bankruptcy, you will still have to deal with correspondence … [Read more...] about Benefits of Filing for Bankruptcy
What Chapter Bankruptcy Should I File
In a Chapter 7 bankruptcy, all of the assets and debts must be identified and disclosed to the court. We always pull a credit report to have a complete list of debts owed and companies that are creditors [such as credit card companies or auto finance companies]. Many people worry that filing a Chapter 7 will mean giving up assets such as a home, car, and personal belongings, but that is usually not true. In California, assets such as a home, car, and personal belongings can be kept by someone … [Read more...] about What Chapter Bankruptcy Should I File