Category Archives: asset protection

MILITARY VETERAN’S BONUS REPAYMENT IN BANKRUPTCY

Military Veteran’s Bonus Repayment Demands are Dischargeable in Bankruptcy   You served your country. You agreed to re-enlist based on the offer of a bonus. You gave up time with family and risked your life based on the payment of a reenlistment bonus from your government. All of you lost precious time. That time can…

The Interplay Between Divorce And Bankruptcy

Divorce and Bankruptcy It is often said that most divorces are caused by financial struggles. When a family is facing significant financial problems, the stress levels can be high and cause serious conflict. This type of conflict is difficult to recover from, especially if one of the spouses feels they are doing more to contribute…

How Much Will I Have To Pay To Keep My Car In Bankruptcy?

How Much Will I Have To Pay To Keep My Car In Bankruptcy? Most people can’t go without their car for very long, if at all. Unless you have other reliable modes of transportation, or are able to take public transport, your car is how you take your kids to school and get to work.…

Can I Go To Jail For Not Paying My Debts?

Can I Go To Jail For Not Paying My Debts? In Hollywood there may be such a thing as “debtor’s prison”, but that is really more for theatrical effect than to portray how debt collection works in the real world. If you are not able to pay your bills, you may be worried about what…

Can I Be Arrested If I Don’t Pay My Creditors?

What Happens if I Don’t Pay My Creditors? Not being able to pay all of your bills when they are due can have serious consequences. The first thing that is likely to happen is that you will receive a call from the lender asking for payment, and the longer you are unable to make satisfactory…

Do you have the right to sue or collect money from anyone? You may lose that right in Chapter 7 Bankruptcy

Do you have the right to sue or collect money from anyone? You may lose that right in Chapter 7 Bankruptcy, and even worse, if you are not careful. Bankruptcy effects your right to sue others. It effects your right to collect money from others if the basis for that claim comes from something that…

Stop Foreclosure

How would you like to stop foreclosure?  keep your home, get rid of your 2nd mortgage forever, control or even eliminate other debts, and save thousands or hundreds of thousands of dollars? Hello, I’m Gary Fraley. I founded Fraley & Fraley, Sacramento Bankruptcy Attorneys in 1978. I’m in my 34th year of practicing bankruptcy law.…