Welcome to the A-B-Cs of Bankruptcy & Debt Relief for Real People. Hello I’m Gary Ray Fraley. I’m a California State Bar Certified Bankruptcy Law Specialist in Sacramento California. I have been representing consumer and business clients in bankruptcy matters since 1978 when I founded the Fraley & Fraley law firm. Today I am going […]
Tag: bankruptcy
Can I continue to run my business if I file Bankruptcy?
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 […]
Creditor Meetings Explained
What happens at a Section 341 meeting or creditors meeting, in Chapter 7 bankruptcy?
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
When Do You Know It’s Time to File Bankruptcy?
When Do You Know It’s Time to File Bankruptcy? “When does one know it is time to file bankruptcy instead of trying to maintain their lifestyle? And… what if they own a home and cannot lose it because there is nowhere free (i.e. family to stay with to regroup and get back on their […]
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. […]
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 […]
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 […]
