2023 Median Income Limits: Powerful Increase
The median income limits for Chapter 7 bankruptcy means test were released and decide who can file Chapter 7 bankruptcy. These numbers will update again for California median income.
Fraudulent Transfer in California Pitfalls to Avoid in Bankruptcy
Fraudulent transfer in a California bankruptcy can get your family sued as a voidable transfer. A fraudulent conveyance doesn't need fraud, due to the new UVTA to avoid transfers.
Your Home and Bankruptcy: 2023 update for new homestead exemption
You can keep your home, or lose your house, or save your home in a bankruptcy., depending. New California exemption may help, maybe. See why.
Bankruptcy and Liens – Powerful Use of 522 to Free Up a House
Bankruptcy discharges most debt. But what about judgments, bankruptcy and liens? Sometimes you can go back and clear an old lien.
Bankruptcy Process | A Road Map
Chapter 7 process is a template which can vary case to case. This is grossly over-simplified, but at least can provide a basic road map to where we're headed.
Avoid Bankruptcy | 6 Key Bankruptcy Alternatives
Bankruptcy should be a last resort. People want to avoid bankruptcy. Sometimes life happens. So, here are some bankruptcy alternatives.
Chapter 13 Bankruptcy | Best Debt Consolidation for Now
Chapter 13 is a debt consolidation plan where you pay a bankruptcy trustee. It's fixed payments for a fixed time. At the end, all unpaid debt is forgiven.
Statement of Intention in Chapter 7 Bankruptcy – No Free Cars
Statement of Intention is where you put yourself back on the hook to owe a debt that would otherwise be cleared in bankruptcy. But you don't get a free car.
Reaffirm Debt & Reaffirmation Process
Reaffirmation is where you promise to keep owing debt. The reaffirmation process varies state to state, but generally, the reaffirmation process goes like this.
341 Meeting of Creditors | 2022 update: What to Expect to Ace It
341 meeting of creditors is a mandator part of every bankruptcy. The 341a meeting is where the people you owe to ask questions you answer under oath.