Recent Blog Posts
New Law Would Help Injured Vets Discharge Student Loans
Nearly all unsecured forms of debt can be discharged when filing for bankruptcy, with the glaring exception of student loans. Attending college and graduate school has never been as necessary to building a successful career as it is now–nor has it ever been as expensive. Rare is the student who can complete a bachelor’s or… Read More »
The Roles of the Bankruptcy Trustee and U.S. Trustee
After filing for bankruptcy, the US Bankruptcy Court assigns a trustee to your case. The bankruptcy trustee can have a major influence on how your case progresses. Read on to learn more about the bankruptcy trustee’s role, and speak with a Ventura bankruptcy attorney if you have any additional questions. The Bankruptcy Trustee The bankruptcy… Read More »
Bankruptcy Can Help You Recover Garnished Wages
Bankruptcy can be a confusing, byzantine process, and without prior knowledge of the system, it’s easy to get overwhelmed and to feel as though the game is rigged against you. With legal help on your side from attorneys who understand this maze of laws and rules, however, bankruptcy can provide you with numerous money-saving benefits… Read More »
Surrendering Collateral in a Chapter 13 Bankruptcy
There are numerous reasons why debtors choose to file for bankruptcy under Chapter 13 rather than Chapter 7. You may have done so because you do not meet the income limits to file for Chapter 7, because you own property you wish to keep that would not be covered by a Chapter 7 exemption, or… Read More »
What Happens to My Apartment Lease if I File for Bankruptcy?
There are many important questions to answer before deciding to file for bankruptcy. If you will be filing for bankruptcy under Chapter 7, you’ll need to make decisions about how bankruptcy could affect your ability to keep assets that are important to you. These assets include any leases you’ve signed, whether for personal property like… Read More »
Avoiding a Judgment Lien through Bankruptcy
Among the many reasons to consider filing for bankruptcy sooner rather than later is to avoid letting your unsecured consumer debts become secured. Once unsecured debt becomes secured by a lien, your creditor will become a partial owner of that property, with the potential power to require that your property be sold to satisfy the… Read More »
Debt Relief Companies May Not Be Safe Choices
If you’ve been facing mounting consumer debt and are not sure how you’ll find a way out, you may have begun researching ways to reduce the amount of debt you’re facing. You may have come across debt settlement or debt relief companies, touting their ability to reduce your debt so that you ultimately pay only… Read More »
Are There Limits on Tax Collection During Your Bankruptcy Proceeding?
As we’ve discussed in prior entries on the blog, when you file for bankruptcy, you will be protected by an automatic stay of collection of your consumer debts. While your case is ongoing, credit card and medical debt holders are not able to contact you about the debts they claim you owe, try to collect… Read More »
Wage Garnishment: How Does It Work?
You may have been threatened by collections agencies in the past that, if you don’t pay what you owe immediately, they’ll begin to take money straight out of your paycheck. While it is conceivable that your wages could be garnished with funds going to a creditor, this isn’t the whole story on how wages are… Read More »
The Automatic Stay, Explained
One of the most valuable protections afforded to a debtor filing for bankruptcy is the temporary protection from any collection actions known as the automatic stay. Read on to learn more about how the automatic stay functions and what the stay can and cannot do to protect you from financial harm. Automatic stay basics As… Read More »