Category: Bankruptcy

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is a form of debt relief designed to help individuals and families eliminate overwhelming unsecured debt and get a fresh financial start. Often referred to as “liquidation bankruptcy,” Chapter 7 allows eligible filers to discharge many common...

What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is a form of debt reorganization designed for individuals with regular income who need time and structure to repay their debts. Instead of eliminating debts immediately, Chapter 13 allows filers to create a court-approved repayment plan that...
4 Questions to Ask Before Filing Bankruptcy

4 Questions to Ask Before Filing Bankruptcy

In a perfect world, you’d be able to pay your bills on time, fill the gas tank when it’s low and enjoy time with friends and family. You wouldn’t wonder if you can also pay for groceries and your rent/mortgage. Unfortunately, the world isn’t perfect, and life doesn’t...
Can I Stop Foreclosure and Save My Home?

Can I Stop Foreclosure and Save My Home?

Millions of Americans have different, lower-paying jobs than they had in 2019. In some cases, they may have no job at all. For California residents, what might have been a reasonable house payment two years ago is now more than they can handle. If you’re behind in...
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