Filing for bankruptcy in California can have a significant impact on a person's financial situation, making it difficult to obtain credit and loans. However, it is still possible to get a home loan after bankruptcy, though the process may be more challenging than it...
Debts may accumulate far beyond where a California resident can cover the balances. Upon exhausting all other options to deal with them, many will explore protections under federal bankruptcy laws. Personal bankruptcy could involve filing for Chapter 7 or Chapter 13....
Choosing to start a business always involves financial risks. While business owners may hope these risks pay off, occasionally debts may overwhelm the company and bankruptcy may become a necessary consideration. Chapter 7 bankruptcy Both businesses and individuals...
Nobody wants to think about both bankruptcy and end-of-life planning at the same time, which is understandable. However, you should at least be aware of how the latter can impact the former so that you can be prepared and plan accordingly. Can bankruptcy affect your...
Many people living in California struggle with debt and may consider filing for bankruptcy. While bankruptcy can be an excellent option, it isn't always the right one. When bankruptcy doesn't make sense Going through bankruptcy is a serious matter: Legal fees and...
Filing for bankruptcy is a decision that can carry heavy, if only short-term, consequences. Though filing for bankruptcy is becoming more common in this Whac-A-Mole economy, it’s still a stressful and emotional decision. Here are a few signs that you should – or...
California individuals and businesses have options when struggling with debt. Bankruptcy is often the best for a financial refresh. Filing for bankruptcy Filing for bankruptcy is a decision that should not come easily. It’s important to first research your options if...
Filing for bankruptcy can be a complicated process for some California residents. Ultimately, most people filing for bankruptcy are looking for a bankruptcy discharge. This is the court order that frees someone from the obligation to pay back any qualifying debt. What...
After completing Chapter 7 bankruptcy or Chapter 13 bankruptcy to help you get out of the cycle of debt, you are ready to move on with your life. Perhaps you are looking to buy a new house, duplex or condo. But the effect that bankruptcy has had on your credit score...
Being heavily in debt can take its toll on any California resident. Debt relief is a possible solution to the problem. However, you should understand your options and consequences when going this route. Why you might consider debt relief When you’re bogged down by...