This is the most important question most business owners want to know. The answer depends upon 2 issues. First is how the business is organized. The second is what type of bankruptcy is filed. In a Chapter 7 straight Bankruptcy, If you have a corporation, a limited liability company or a partnership filing, the company […]
Category: bankruptcy myths and facts
common bankruptcy myths and misconceptions.
Debt Settlement Scam
Welcome to the A-B-Cs of Bankruptcy & Debt Relief for Real People I’m, Gary Ray Fraley a California State Bar Certified Bankruptcy Law Specialist with my office in Sacramento CA. I’ve been practicing bankruptcy law for over 41 years. Today I am going to discuss with you the first in a series of videos (of […]
Why representing yourself in bankruptcy can cost you everything!
Representing Yourself in Bankruptcy Outcomes of Representing Yourself in Bankruptcy
Debts, Bankruptcy, and Divorce
Can I use bankruptcy to divorce myself from the debts I was ordered to pay in my divorce? It was a great marriage. Well it was, until it all fell apart. In the divorce your spouse got the gold mine and you got the shaft. Of course, you now have to pay support as well. […]
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 […]
If I Have Filed Bankruptcy Before, Can I File Again?
Why would you file bankruptcy again? Sometimes certain life events happen more than once. For example, a lot of families have more than one child or have lived in more than one house over the course of their lives. These are examples of how life can repeat itself in good ways, but there are […]
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 […]
How Can I Stop Creditors From Harassing Me?
How Can I Stop Creditors From Harassing Me? If you are behind on your bills, the chances are high that your creditors are calling or writing you in an attempt to collect their debt. While lenders have the right to try to collect what is due, they do not have the right to engage […]
You Filed Chapter 7 Bankruptcy. Can’t File Bankruptcy Again? Wrong!!
Filing Chapter 13 After Chapter 7 Bankruptcy It is true that if you filed a Chapter 7 Bankruptcy and got a discharge of debts, you cannot file another Chapter 7 for 8 years. That does not mean that there isn’t any help for you available under the bankruptcy code. How Chapter 13 After Chapter 7 […]
Discount Attorney
Should I Use a Discount Attorney What type of bankruptcy attorney do you want to protect your assets and make sure you will get a discharge? Can you afford a DISCOUNT ATTORNEY?? Even if you THINK you have nothing to lose in assets, you could end up losing your DISCHARGE IN BANKRUPTCY and not getting […]
