California bankruptcy laws

You Can Keep Your Car During Chapter 7 Bankruptcy, But Should You Sign a Reaffirmation Agreement?

08/06/11

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 law suits, incurred unexpected medical bills or other large, unforeseen expenses. One of the most commonly [...]

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The Liquidation Analysis/Best Interests of the Creditors Test for Chapter 13

08/04/11

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 much this payment will be is to perform a [...]

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Hunter Tylo, star of the Bold and the Beautiful, files suspicious bankruptcy schedules.

07/28/11

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 bankruptcy case. What is more intresting and down right [...]

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Will Bankruptcy Affect My Loan Modification?

07/22/11

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 make his or her payments. One potential pitfall that may arise, however, is [...]

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