Student loan debt has become a significant financial burden for millions of Americans, and Roseville and Placer County residents are no...

Early indicators of potential bankruptcy High debt, low cash flow: When a business has a lot of debt and needs more money coming in, it...

What situations call for adversary proceedings? According to FRBP 7001, the following circumstances could necessitate adversary...

Do both partners in a marriage have to file? One of the most common myths that surround the institution of bankruptcy is that both...

Concealing assets Making fraudulent property transfers Stating false or inaccurate information under oath Filing fraudulent proofs of...

Chapter 7 versus Chapter 11 Part of the determination of whether or not all your debt will be discharged under bankruptcy is whether you...

Control your spending habits to avoid going deeper into debt If you have a habit of swiping your credit card for every purchase, put it...

Business loan default, defined A business loan default happens when you fail to make the loan payments for a certain period, which may...

Tax refunds during bankruptcy In both Chapter 7 and Chapter 13 bankruptcies, the courts consider tax refunds as assets, regardless of...

Benefits A prepackaged bankruptcy would decrease the amount of time that it takes to go through a Chapter 11 bankruptcy. It also helps...

Chapter 7 bankruptcy If your employer files for Chapter 7 bankruptcy, you no longer have any insurance coverage through them. If you have...

Facts About Bankruptcy Bankruptcy laws cover many different elements, and the average person would doubtfully know the law inside and...

Choosing the chapter Chapter 7 represents a majority of filings and can discharge most personal debts. However, property may be seized or...

The basics of a quick rinse bankruptcy Financial experts began discussing quick rinse bankruptcies at the end of the 2008 global fiscal...

What happens during a Section 341 meeting? The creditors you listed when filing for Chapter 7 bankruptcy will be invited to the Section...

You must find an approved course provider The bankruptcy certificate verifies that you have taken a debtor education and credit...

Pay 100% of all claims The first way to get out of Chapter 13 bankruptcy early is to pay off all the claims against you. This includes...

Practice good habits. Paying your bills on time consistently and keeping your credit card balance low can start making a difference right...

Understanding the type of bankruptcy The first step in getting a home loan after bankruptcy is to understand the type of bankruptcy you...

Chapter 7 vs. Chapter 13 Chapter 7 involves liquidating assets to pay creditors. That means debts that are not exempt are sold to cover...