Do you feel overwhelmed by your debt? Is it hard to stay on top of your financial obligations? Are you stressed out by the task of keeping track of your creditors? Facing the difficulty of high debt can be exhausting, to say the least. Besides the practical worries of making ends meet, you may also…

Settle Your Tax Debt For Less Than You Owe With An Offer In Compromise For many people, debt owed to the Internal Revenue Service can be overwhelming. Often times the tax debt has resulted from people not withholding enough from their paychecks in an attempt to make ends meet during the year. Other times, people…

Most people file for bankruptcy because they are overwhelmed with debt and need a fresh start. However, it is important to be completely open, honest, and careful throughout the bankruptcy process. An omission or a false statement made during the bankruptcy can amount to bankruptcy fraud, which is a crime with serious consequences. Dishonest behavior…

Bankruptcy exemptions are an essential part of the Chapter 7 or Chapter 13 Bankruptcy process. In Chapter 7 Bankruptcy, exemptions are important because they determine what property the debtor is allowed to keep and what property the debtor must liquidate in order to satisfy his or her debts. In a Chapter 13 Bankruptcy, creditors must…

Understanding the difference between secured and unsecured debts is central to understanding the bankruptcy process. Chapter 13 and Chapter 7 Bankruptcy treat secured and unsecured debts differently. Secured debts generally survive the bankruptcy process, whereas unsecured debts are typically wiped away at the end of the bankruptcy. Often, whether a debt is secured or unsecured…

Hayward Bankruptcy Filing Lawyer For most people, filing for bankruptcy is an intimidating and confusing process with complex legal and financial details. However, it is important that the bankruptcy filing is complete, accurate, and in good faith. An improper filing can result in expensive delay or dismissal. If you are considering filing for Chapter 7…

If you are behind on your car payment or mortgage payments and need some time to get your finances in order, bankruptcy’s automatic stay protections may be able to help you. The automatic stay is one of the benefits that those who file for Chapter 7 and Chapter 13 Bankruptcy receive. Although it does not…

If you are considering filing for bankruptcy, you may be wondering whether you qualify for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Not everyone is eligible for bankruptcy. For example, there are certain income restrictions on who can file for a Chapter 7 Bankruptcy. Many of these restrictions can be complex and depend on where…

A common concern that debtors who file for bankruptcy have is whether they will lose their assets. Many people know that bankruptcy allows a debtor to eliminate much of their debt, but are unsure about exactly how bankruptcy will affect their house, car, retirement plan, or other important assets. Frequent questions debtors ask when considering…

If a person who files for bankruptcy has made payments or transfers to a creditor within a certain period of time prior to the filing, the Bankruptcy Trustee may be able to invalidate the transfer and recover the money. These types of transfers are called preferential transfers. For many people who file for bankruptcy, preferential…