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
If you are looking new car for your personal use, office use & other use or you have no good credit for buy new car but you have need a car then you have used car is a second option. Because most of people are purchase used car for personal use because ... 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
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
I heard that you can keep your vehicle in Chapter 13 and pay less than your vehicle’s outstanding loan balance. Is this true? In all situations filing a Chapter 13 bankruptcy petition will allow you to keep your vehicle. Even if you are behind on your ... Read full article
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 ... Read full article
Understandably, a typical bankruptcy client fears that they will lose most of their property if they file for bankruptcy. For my Atlanta bankruptcy clients, the good news is that a substantial portion of your real estate, personal property and retirement ... Read full article
Sticking with our recent theme in blog entries, we decide to touch on reaffirmation agreements this week. Debtors who file a Chapter 7 bankruptcy in Arizona, and owe money on their house or car, are virtually certain to run across one or more of them. ... Read full article
No doubt you have heard the terms “unsecured” and “secured” creditors? But what do these terms really mean? In reality, the concepts are quite simple. First off, a creditor is generally someone who is owed money. A common example is when you take out a ... Read full article
