Bankruptcy Basics

Can I File Bankruptcy Twice? Bankruptcy is a delicate legal process requiring skill and experience in order to avoid the many pitfalls inherent in the legal process. To get you through the process and navigate smoothly through the world of bankruptcy, you need an expert bankruptcy attorney, that is, an attorney who specializes in bankruptcy [...]

A person is declared bankrupt when a court determines the person to be legally insolvent, or broke, in response to a petition filed by the debtor or his creditors. Then, following the bankruptcy law, the person’s property is liquidated and divided among his creditors to pay his bills. A person commits bankruptcy fraud – a [...]

Are There Alternatives to Bankruptcy?  Some things that you might consider doing as an alternative to filing bankruptcy would be to sell assets that you may have to pay your debts. Also, you might want to try to negotiate with your creditors to see if you can either reduce the balance owed or renegotiate your [...]

In most cases, when you file for bankruptcy, you have very few options when it comes to your vehicle. Normally, you can keep your existing car loan and make the high monthly payments until the loan is paid in full. Or you can give your vehicle to the lender, which leaves you with no way [...]

Recently in San Diego, two extreme examples of apparent financial woes have led to tragic ends. http://www.signonsandiego.com/news/2011/jun/07/services-held-two-familie... http://www.signonsandiego.com/news/2011/jun/22/court-documents-show/ I am not trained in the matters of the impact of financial burdens on one’s mental health. I am a counselor, however, a counselor at law. As such, one of my primary duties is to listen to [...]