Blog

Have you gotten over your head in credit card debt? If so, bankruptcy might be the solution for you. You can eliminate your credit card debts with a chapter 7 bankruptcy without paying anything for those debts. Many people are solicited for credit cards as soon as they turn 18 years old. At that age, most […]

Filing bankruptcy can eliminate old taxes.  It’s that time again when we all have to settle up with the IRS and the California Franchise Tax Board (FTB).  If you owe the IRS or FTB debts for old taxes, you can eliminate those debts with a chapter 7 or chapter 13 bankruptcy. Taxes that can be […]

If you are in bankruptcy and are also in an Income Driven repayment plan for your student loans, you might have a problem.  The Department of Education and its student loan servicers are kicking bankruptcy debtors out of their Income Driven repayment plans once they file chapter 7 or chapter 13 bankruptcy.  My position and that […]

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 recently saw got a man I’ll call Fred whose home was about to be foreclosed by Wells Fargo the following […]

Do you need a loan modification in order to lower your mortgage payments so that you can save your house from foreclosure, but think you can’t get one now because the federal HAMP loan modification program ended over a year ago?  Well, you’re in luck!  You may still be able to get a loan mod to save your house, and […]

You can consolidate your debts and probably lower your total debt payments, like credit card and medical debts, with a chapter 13 bankruptcy.  There are many debt consolidation companies, and a lot of them will rip you off.  However, you can use chapter 13 bankruptcy as a debt consolidation without the fear of being ripped off by a […]

A loan modification can be the answer to your mortgage payment problems.  Are you unable to pay your mortgage because you can’t afford the payments, or because you’ve gotten behind on them and cannot afford to make them up while paying your mortgage?  If so, a loan modification may be your only chance to save […]

Wait a minute! How would filing bankruptcy be an investment in my future? The answer is that if you are not doing well now financially, it’s the perfect time to file bankruptcy in order to get rid of debts. If you owe debts that you cannot afford to pay but don’t have any wages that […]

The short answer is generally “yes,” you usually need to include your spouse’s income when you file bankruptcy. When a married person consults with me about their debt problems, sometimes they want to file bankruptcy under their name alone. They do NOT want to file with their spouse or include their spouse’s income. A common […]

Are you planning on taking out student loans for your children or co-signing for them?  Think twice about doing this.  Student loans are not dischargeable in bankruptcy and are almost impossible to get out of.  The government can even take part of your Social Security payments to pay for federal student loan debts. First, it […]