Bankruptcy And Business Debt

If you own a corporation or LLC, it is almost certain that you need bankruptcy to get rid of debts incurred by your company that your company cannot afford to pay.  Why?  Because banks don’t lend money to small corporations or LLCs without the owners personally co-signing for those loans or otherwise personally guaranteeing them. […]

Don’t Let Misconceptions Stop You From Using Bankruptcy

If you have serious financial problems, there is a very good chance that bankruptcy would be your best solution. But many people are afraid to file bankruptcy because they think it would ruin their credit or that it’s just for deadbeats. These myths are simply not true. If you are in serious financial trouble, your […]

Don’t Be Embarrassed To File Bankruptcy

You should not be embarrassed to use bankruptcy to solve your financial problems.  Many, if not most, people who have serious financial problems are embarrassed by those problems, but they are even more embarrassed by considering bankruptcy as a solution.  However, you should not be embarrassed by using bankruptcy to fix your financial problems. It […]

Filing Bankruptcy Will Not Ruin Your Credit

Do you have serious financial problems, but you’re afraid that filling bankruptcy would ruin your credit?  Don’t be!  Filing bankruptcy can actually fix your credit in addition to its main benefit of getting rid of your debts. First, if you are behind on your bills, your credit is not your biggest problem.  Not paying bills […]

Fix Your Debts With Bankruptcy, Not Fraud

If you need to fix your debts, filing bankruptcy to get rid of them is much better than committing fraud.  What do I mean by that?  Simply that many people think that they can give money or title to property like houses and cars to other people in order to avoid creditors. One problem with […]

Solve Your Serious Financial Problems With Bankruptcy

Do you have serious financial problems but are embarrassed to use bankruptcy in order to solve them?  Don’t be! You should not be embarrassed by using bankruptcy to fix your financial problems. In fact, your right to file bankruptcy is enshrined in the U.S. Constitution! It is completely understandable that you are embarrassed because you can’t […]

You Must Include Your Spouse’s Income In Your Bankruptcy

You usually need to include your spouse’s income when you file bankruptcy, even if you file individually. When a married debtor consults with me about their debt problems, sometimes they want to file bankruptcy under their name alone.  Filing bankruptcy for married people provides the same choice as filing taxes: you may file an individual bankruptcy […]

Use A Bankruptcy Attorney To Stop Foreclosure

Do you need bankruptcy protection to save your home from foreclosure?  Trying to do this yourself can cause major problems for you; hire a competent bankruptcy attorney to get you the help that you need to save your home. I once got a call from a man whose 73-year-old father’s home is going to be […]

Chapter 13 Bankruptcy Can Help Avoid Repossession Of Your Car

Are you behind on your car payments and in danger of repossession?  Get help with your car payments with a chapter 13 bankruptcy.  According to this story by the Associated Press, car payment delinquencies are at a higher point than they were when they peaked in 2010 during the Great Recession.  If you are behind […]

Can You Afford A Loan Modification To Stop Foreclosure?

If you are facing foreclosure, you may want to try getting a loan modification  in chapter 13 bankruptcy in order to lower your mortgage payments.  Our bankruptcy court in the San Francisco Bay Area started a loan modification program in August 2015, where your loan modification is overseen by the court.  This is a very […]