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
What happens when you file for bankruptcy and then receive a large inheritance? If your receive an inheritance, should you still consider filing for bankruptcy? Questions involving financial assets can be complicated, and often depend on the timing, as ... Read full article
Identity theft, the use of another’s personal information for fraud or deceit, is unfortunately a widespread problem. And a significant number of bankruptcies involve identity theft as well. Examples include the filing of bankruptcy with another’s name ... 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
As reports surface that wealthy socialite Patricia Kluge has filed for Chapter 7 bankruptcy protection, many have wondered: how can you file for bankruptcy when you are a billionaire? When United State bankruptcy laws were drafted, the focus was ... Read full article
