Student Loan Bankruptcy

You can have student loans, and you can file bankruptcy.  But getting rid of a student loan though bankruptcy is a tough trick.  Not that you can’t do it.  But eliminating student loans in a bankruptcy is hard.  Perhaps I … Continue reading

Bankruptcy and Credit Card Debt

Eliminate credit card debt through bankruptcy or pay it off?  That is the question.  For many consumers, though, it is a loaded question.  They would like to pay off their credit card debt, but they can’t.  And they know it. … Continue reading

Bankruptcy Credit Counseling

Bankruptcy credit counseling is a requirement of the bankruptcy system.  It mandates that someone who files bankruptcy must undergo credit counseling before filing bankruptcy and, again, after filing but before the bankruptcy is discharged.  It is not difficult to do, … Continue reading

Bankruptcy Conversion

Sacramento Bankruptcy: What is a Bankruptcy Conversion? Bankruptcy conversion is changing the chapter of your bankruptcy filing after you have already filed.  Types of bankruptcy are organized by chapters of the federal law that created them.  Though there are many … Continue reading

Means Test: Qualify for Bankruptcy?

 Bankruptcy and the Bankruptcy Means Test The bankruptcy Means Test was a qualification standard adopted by Congress in 2005 for bankruptcy filers.  It essentially determines whether you qualify for a bankruptcy liquidation, better known as a Chapter 7 bankruptcy.  If … Continue reading

Medical Bills and Bankruptcy

Medical bills are the prime factor for filing bankruptcy in the United States.  According to the Huffington Post, as well as numerous other sources, it is the main reason. Medical bills prompt bankruptcy filings for a variety of reasons, not the … Continue reading

Bankruptcy and Student Loans

Bankruptcy does not normally allow for the discharge of student loans.  Only under an extreme hardship can a student loan be discharged.  The attached guidelines give the degree of difficulty of eliminating student loans through bankruptcy.  Unemployment and other debt obligations will … Continue reading

Sacramento Bankruptcy: Donald Trump Filed 4 Times (Don’t Be Deterred by a Supposed Bankruptcy Stigma)

Sacramento Bankruptcy: Donald Trump Filed 4 Times (Don’t Be Deterred by a Supposed Bankruptcy Stigma)  Bankruptcy is a powerful tool to eliminate or reorganize your debt.  When your debt is beyond your ability to repay, bankruptcy can be a way … Continue reading

Sacramento Bankruptcy: Debt Relief Alternatives

Sacramento Bankruptcy: Debt Relief Alternatives Bankruptcy is an option to eliminate or reorganize your debt.  There are other alternatives besides bankruptcy, though.  Debt relief companies and agencies can help, but be cautious taking this route. Many debt relief companies and agencies … Continue reading

Sacramento Bankruptcy: Medical Care & Prescription Costs

Sacramento Bankruptcy: Medical Care & Prescription Costs Medical care and prescription costs are some of the most common expenses facing consumers considering bankruptcy in today’s economy.  Costs for medical care and prescriptions are outpacing incomes, particularly fixed incomes.  The retired … Continue reading

Sacramento Bankruptcy: Coping with Debt

Sacramento Bankruptcy: Coping with Debt Debt can be dealt with in many ways.  Bankruptcy is an option, but is likely not a first alternative.  Read the Federal Trade Commissions thoughts on coping with debt.  Though initial options to resolve your debt, … Continue reading

Sacramento Bankruptcy: Credit Card Debt Cost

Sacramento Bankruptcy: Credit Card Debt Cost Credit card debt interest cost for the average consumer in 2015 exceeded $2,600 according to a recent survey.  Eliminating credit card and other consumer debt was the crux of the survey’s conclusion for consumers to … Continue reading

Sacramento Bankruptcy: The Benefits of Bankruptcy

Sacramento Bankruptcy: The Benefits of Bankruptcy Filing bankruptcy can be a daunting decision.  But often times it is worth it.  Assessing whether a bankruptcy is worthwhile is essentially a cost-benefit evaluation.  Is the cost of filing bankruptcy worth the benefit … Continue reading

Sacramento Bankruptcy: how to start the bankruptcy process

Filing bankruptcy in Sacramento, or anywhere, is a process.  Preparation, strategy and timing are often key elements in processing a bankruptcy filing.  How, then, to begin? For starters, find whether bankruptcy is your best option.  Often when you owe more … Continue reading

Sacramento Bankruptcy: Being sued? Bankruptcy will stop that lawsuit

Bankruptcy prevents creditors from coming after you.  That includes stopping lawsuits, letters, levies, liens, garnishments, phone calls, or anything creditors attempt to pursue a debt owed.  As soon as a bankruptcy is filed, bankruptcy protection (also known as an automatic stay … Continue reading

Sacramento Bankruptcy: 2016 resolution to eliminate debt

If your new year’s resolution for 2016 is to eliminate your debt, bankruptcy may be the answer.  Credit card debt, lines of credit, medical bills, car repossessions, mortgages and income taxes are all forms of debt that can be eliminated through … Continue reading

Bankruptcy filing for fresh financial start for 2016

Get a fresh financial start for the upcoming new year!  Bankruptcy can be a valuable tool to eliminate your debt.  Learn more by scheduling a free consultation.  Here are some bankruptcy basics courtesy of the federal court system. … Continue reading

How to find the best bankruptcy lawyer in Sacramento who is right for you

Selecting the best bankruptcy lawyer to overcome your personal debt problems can be complex.  Who is the best attorney for you is the question to be asked and answered in the process.  Whether you narrow your potential choices through Google, Yahoo, Facebook, Twitter or some other … Continue reading

Bankruptcy payment plans

Most clients in Sacramento who need to file bankruptcy cannot afford to pay it in one lump sum.  That’s fine.  My office has always accepted payments made over time to pay for a bankruptcy. There are no minimum fees, deadlines, … Continue reading