2021 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.
Blog | Bankruptcy Information
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.
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.
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.
California Bankruptcy Exemptions | Can I Keep In Chapter 7 (2022)
Each state has rules about what you can keep in Chapter 7. In Los Angeles County -- where the Antelope Valley is -- these are ruled by the California bankruptcy exemptions.
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.
Chapter 7 Bankruptcy | Fresh Start
Chapter 7 bankruptcy is the type of bankruptcy where you don't pay back your debt if you can demonstrate you can't afford to, but you may lose things.
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.