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How the Increased California Bankruptcy Exemptions Affect Debtors

In bankruptcy, “exemptions” are a crucial protection for individuals trying to achieve a financial fresh start. These laws enable debtors to keep certain property — such as a portion of Read More

U.S. Bankruptcy Filings Surge in 2025 — What Californians Need to Know

In 2025, consumer bankruptcy filings across the United States climbed at a pace not seen in over a decade. California, with its dynamic economy and sky-high cost of living, is Read More

Bankruptcy and Divorce: Which Should Come First?

Marital problems and financial difficulties often go hand-in-hand. It’s not uncommon for couples to be considering both bankruptcy and divorce at the same time. That raises the question of which Read More

Asset Transfers Prior to Bankruptcy Filing May Be Set Aside as Fraudulent

In a bankruptcy case, the court-appointed trustee plays an important role in managing and resolving the debtor's financial affairs. Part of this function is to find all assets that should 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

Viewing 1 - 5 out of 5 posts