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 […]
Tag: debt
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 […]
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 […]
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, […]
If I File Bankruptcy Should I Pay Off Some of My Debts?
Debts while Considering Bankruptcy Most people who are faced with the decision on whether to file bankruptcy or not are conflicted about what debts to keep paying and what they can let go when there is not enough money to go around. For many, even after the choice to file bankruptcy is made, there is […]
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 […]
What Is A Chapter 20 Bankruptcy?
What Is A Chapter 20 Bankruptcy? Even if you are not familiar with bankruptcy law lingo, you may have heard friends or a family member talk about the different types of bankruptcy chapters. Or, you may have seen a news story about a company filing for Chapter 11 bankruptcy, which is the part […]
