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Viewing 1 - 7 out of 7 posts

The Rising Cost of Living in Orange County and Its Impact on Consumer Debt

Residents of Orange County, including people in Anaheim, are face substantially higher cost-of-living expenses and the average household.  According to an analysis of home costs, utility expenses and grocery costs, the Read More

How Long Does a Chapter 7 Bankruptcy Usually Take?

A Chapter 7 bankruptcy provides a “fresh start” — an opportunity for individuals to wipe out most unsecured debts and move forward. One of the common questions raised by debtors Read More

What a Debtor Can Do to Stave Off Creditors’ Objections to Discharge

Chapter 7 bankruptcy is designed to give debtors a fresh start by discharging — that is, cancelling — their debts. However, this process can be frustrated if a creditor brings Read More

Why U.S. Bankruptcy Filings Rose Dramatically in 2024

Bankruptcy filings experienced a significant surge in 2024, marking a major uptick from the previous year, according to a recent report from the U.S. Courts. This rise in bankruptcy cases Read More

What to Know About the Creditors’ Meeting in Your Bankruptcy Case

Creditors' meetings are required in all Chapter 7 bankruptcy cases. They are designed to give the bankruptcy trustee and potentially the creditors an opportunity to gather information about the debtor's Read More

Claiming Exemptions in a California Chapter 7 Bankruptcy

Chapter 7 bankruptcy is legal remedy designed to provide debtors with a fresh financial start. It lets them discharge most unsecured debts, such as credit card balances and medical bills. Read More

Debunking 10 Common Myths About Bankruptcy

Many people with crushing debt have misconceptions about bankruptcy that make them hesitant to consider it as a viable option for relief. These myths range from general fear of a Read More

Viewing 1 - 7 out of 7 posts