Court Finds that Post-Discharge Credit Inquiries Do Not Violate Fair Credit Reporting Act
wpadmin on January 30, 2021 Posted in Bankruptcy Law, BlogThe Ninth Circuit Court of Appeals recently held that a mortgage servicer has a permissible reason for pulling consumer reports of three borrowers for whom the company had serviced two mortgages despite the borrowers’ personal liability for the mortgages being discharged in bankruptcy. More particularly, the servicer was granted the right to access the borrowers’ […]
Nine Signs That it is Time to File for Bankruptcy
Admin on July 15, 2020 Posted in Blog, General BankruptcyFacing a large amount of debt often feels overwhelming. Beside uncertainty about how you will make your monthly payments, it is also common to feel uncertain about what your future holds. While many people think that bankruptcy can help, they are afraid of undergoing the process when they are not sure if it is the […]
A Quick Guide to Bankruptcy Schedules
Admin on May 29, 2020 Posted in Blog, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General BankruptcyIf you are navigating the bankruptcy process, you have likely heard multiple people refer to bankruptcy schedules. Overwhelmed debtors are often confused about exactly what role schedules play in their bankruptcy process. Schedules are the primary forms that debtors rely on to provide their financial details, which play a vital role in navigating the bankruptcy […]
Criminal Investigation and Bankruptcy
Admin on December 19, 2018 Posted in Bankruptcy Law, BlogA potential client calls a bankruptcy lawyer to set up and initial consultation. The lawyer’s receptionist tells the client the he can meet with the lawyer and provides a date for a meeting. The receptionist tells the client to compile a list of all creditors and amounts owed to those creditors. The receptionist also tells […]
Chapter 9 Bankruptcy
Admin on November 13, 2018 Posted in Bankruptcy Law, BlogOver the past several years, especially since the financial crisis, there has been considerable discussion about municipal bankruptcies and their effects. The most notable recent municipal bankruptcy was Detroit’s due to its large size and longstanding reliance on the auto industry. When conducting a bankruptcy that is applicable to a municipality, such a bankruptcy falls […]
Glitz and Bankruptcy
Admin on May 24, 2018 Posted in Blog, General BankruptcyCalifornia has long been known for its glitz. It is the home of the stars; the weather is incredible, along with the palm trees, the beaches, etc. It is also a destination for the wealthy to have second homes. In fact, a significant number of current and former professional athletes call California home. A recent […]
Chapter 11 Bankruptcy for Individuals
Admin on February 1, 2018 Posted in BlogIn 1996, Oakland native and rap superstar M.C. Hammer, whose real name is Stanley Kirk Burrel, filed for bankruptcy. His bankruptcy petition claimed that he had assets of approximately $1 million and liabilities of at least $10 million. He owed over a million dollars to Winterland Records and had liabilities to two different Bay-area lawyers. […]
Reaffirmation Agreement
Admin on November 17, 2017 Posted in Bankruptcy Law, Blog, Chapter 13 Bankruptcy, Chapter 7 BankruptcyThere are features of Chapter 7 bankruptcy and Chapter 13 bankruptcy that are similar and some that are quite different. A significant similarity is the automatic stay under Section 362 of the United States Bankruptcy Code, or Code, wherein a bankruptcy filing stays, or stops, creditors from taking collection action against the debtor. When this […]
Chapter 12 Bankruptcy
Admin on November 3, 2017 Posted in Bankruptcy Law, Blog, Communities ServedAmerica has a long history of people working the land. In the 1939 book “The Grapes of Wrath” by John Steinbeck portrays the Joads, a family living in the dustbowl in Oklahoma during the Great Depression. To get away from the rampant destitution in their home town, they decide to travel to California in search […]
Undue Hardship and Student Loans
Admin on September 8, 2017 Posted in Blog, Student LoansImagine that a boy grows up watching lawyer shows like Perry Mason, L.A. Law, and Law and Order. He is intrigued by what lawyers do, especially trial lawyers. After years of watching, he is enamored. He has dreams of becoming a prosecutor or a defense attorney. He will appear before a judge and jury and […]