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: Chapter 7 Bankruptcy
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. […]
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 […]
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. […]
Is There A Minimum Amount Of Debt Needed To File Bankruptcy?
Is There A Minimum Amount Of Debt Needed To File Bankruptcy? If you are having trouble paying all of your bills every month you are likely overwhelmed, stressed, and looking for solutions. One possibility that may have crossed your mind is the possibility of filing for bankruptcy. But if bankruptcy is one of your thoughts, […]
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 […]
Mistake #3: Not making a “Motion to Compel the Trustee to Abandon Debtor’s Business”
This is a Countdown of the Top 12 Malpractice Mistakes Made by California Bankruptcy Attorneys Mistake #3: Not making a “Motion to Compel the Trustee to Abandon Debtor’s Business” from the Chapter 7 bankruptcy estate. Note: This article focuses on California bankruptcy attorneys and may reference California and 9th Circuit case law. However, most […]
Mistake #2: Not making a “Motion to Compel the Trustee to Abandon Real Property
This is a Countdown of the Top 12 Malpractice Mistakes Made by California Bankruptcy Attorneys Mistake #2: Not making a “Motion to Compel the Trustee to Abandon Real Property” to remove the exempt home from the bankruptcy estate. Note: This article focuses on California bankruptcy attorneys and may reference California and 9th Circuit law. […]
Bankruptcy Timelines
If I Had a Prior Chapter 7 or Chapter 13 Bankruptcy, Can I File a New Bankruptcy Case? The answer to that is a definite “maybe.” Timing is everything in this. It is vital to get the timing right or a new bankruptcy filing can quickly turn into a nightmare with disastrous results. Below is […]
