Divorce and bankruptcy often go hand in hand due to the financial strain a marital split can cause. In turn, the financial stress of bankruptcy can further damage the already frayed relations between spouses. Many people lack the tools and knowledge they need to protect themselves if they find themselves on the verge of insolvency while their family life...
Continue ReadingDeclaring bankruptcy under Chapter 13 or Chapter 7 can sometimes be the best way to move forward after severe financial hardship. Individuals, sole proprietorships, and partnerships often opt to file a Chapter 7 bankruptcy claim to discharge certain debts and start over. But if you have experienced financial hardship more than once, can you file another type of bankruptcy...
Continue ReadingIf you find yourself drowning in debt, you may wonder if it is time to file for bankruptcy in California. Doing so can help boost your credit score if you follow the bankruptcy plan and a certain amount of time passes. Plus, it can give you a fresh start. Signs you should file for bankruptcy include a mountain of...
Continue ReadingIf you are in the unfortunate situation of contemplating bankruptcy in California, it is essential to understand the process and what to expect. Being prepared can help ease the stress and uncertainty of what lies ahead. Before you file for chapter 7 bankruptcy in California, there are several considerations you need to take into account. First, will you hire...
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