One question that people might ask when considering filing bankruptcy is, “What Does Declaring Bankruptcy Do?” Some may think of it as one of the worst things to happen financially, but knowing how to take advantage of this process may actually be a great opportunity for them to start over fresh. For people with unimaginable […]
Chapter 7 bankruptcy
Can You Keep Your House in Chapter 7 Bankruptcy?
While you can keep your house in chapter 7 bankruptcy in most cases, it is possible that you may lose your home. Whether or not you will lose your home depends on many factors such as if you are current on your mortgage. However, filing for Chapter 13 bankruptcy might be a better option for […]
Is It Better to File a Chapter 7 or 13?
If you are having a hard time keeping up with payments, especially during a global crisis like the Coronavirus (COVID-19) in 2020, you might be asking, “Is it better to file a chapter 7 or 13?” The answer really depends on your situation, but the general rule is that: Chapter 7 bankruptcy is for people […]
Los Angeles Bankruptcy Lawyer
Filing Bankruptcy immediately stops collections, stops any lawsuits, stops wage garnishment, and wipes out credit card debt, medical debt, and old IRS debt..
Reasons to File Bankruptcy
If you have gotten to the point where you are researching the different types of bankruptcy and the benefits of each, there is probably a very good reason for it. Nobody gets into debt or takes out a loan with the intention of having to file bankruptcy, but for many, filing to eliminate unmanageable debt […]
