Bankruptcy Benefits The term “Bankruptcy” is not a four letter word. Many people think that bankruptcy will ruin their credit for the rest of their life, and leave them without the option to purchase a new home or car. Many of the myths that surround ... Read full article
By Ryan C. Wood The short answer is because corporate profits and corporations in general are favored over protecting the individual from harm these days. Below is only one court decision in the long dismantlement of individual rights in favor of ... Read full article
Pardeep s. Grewal assist to finding the best solution to our clients about bankruptcy, family law, immigration and relocation service to the United States. We focus on Visa requirements, Green Card with provide aggressive representation. Feel free to ... Read full article
California Has Its Own Bankruptcy Laws Since bankruptcy law is federal, many of the same principles apply in bankruptcy cases regardless of where the case is filed. For example, whether you’re filing in California or Texas, a bankruptcy estate is created ... Read full article
As I recently wrote on the Bay Area Bankruptcy Lawyer Blog, perfectly honest consumer debtors sometimes make the mistake of transferring an asset to a friend or family member before filing bankruptcy. This can happen innocently enough, as for example, ... Read full article
Bankruptcy Stops Wage Garnishment The minute a bankruptcy cases filed,an injunction called the automatic stay is issued, which prohibits creditors from trying to collect on debts that were included in the bankruptcy. The Ninth Circuit Court of Appeals has ... Read full article
California foreclosure laws are among the nation’s most complex but are also fairly consumer friendly. In this post, we will attempt to provide good answers to the most common questions California residents have about the foreclosure process, both before ... Read full article
At a recent meeting of our Chapter 13 Committee meeting, a group of Bay Area bankruptcy attorneys who meet monthly to discuss recent developments in consumer bankruptcy law, a lively discussion erupted among a group of 40-50 local practitioners over Bay ... Read full article
The 9th Circuit has ruled that to the extent that an automobile lender rolls the negative equity from a trade-in into a new acquisition loan that part of the loan is not a purchase money security interest. In re Penrod, 611 F.3d 1158 (9th Cir. 2010). ... Read full article
For those who are considering filing Chapter 7 bankruptcy in San Jose, or elsewhere in California, a common misconception is that the bankruptcy trustee will seize or take away all of a debtor’s existing property. This is not true. Debtors are entitled to ... Read full article
In our current tenuous economic climate, more and more normal, honest, hardworking people are turning to bankruptcy for relief from overwhelming debt. In fact, most people who file for bankruptcy are perfectly responsible citizens who have lost homes, lost ... Read full article
When considering a Chapter 13 Bankruptcy, one of the first questions that every debtor wants to know is how much their monthly Chapter 13 Plan payment will be. As with most legal questions, the answer is that it depends. One of the ways to determine how ... Read full article
Although her home appears to be in Sherman Oaks, California, the petition states that she has at least had a residence in Nevada for 91 days or more. Her bankruptcy attorney should get a gold medal for only charging a celebrity $2,500 for a Chapter 7 ... Read full article
Whether a debtor files Chapter 7 or Chapter 13, her bankruptcy should have no effect on an already completed loan modification, whether the homeowner is making payments under a trial modification or a permanent one as long as the homeowner continues to ... Read full article
