California Homestead Exemption Increases in 2021
Dec 17, 2020
After many years the amount of the homestead exemption is being increased - dramatically. A Positive Change for Debtors A very significant law change for homeowners will take effect on January 1, 2021...
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Extending Time to Occupy Commercial Leases in California
Mar 08, 2019
Recent California Supreme Court Case says buyer after foreclosure cannot immediately commence eviction. Recent Ruling In a case of local interest, the California Supreme Court has held that a foreclos...
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The Pitfalls Of Hiring A Bankruptcy Petition Preparer
Dec 12, 2017
It might sound counter-intuitive, but filing for personal bankruptcy is expensive. Besides paying attorney fees, a debtor must also pay the court costs associated with filing the bankruptcy petition a...
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Bankruptcy & Your Small Business
Nov 03, 2017
Financial hardship is difficult for any individual but for business owners, it can be particularly stressful as the line between personal and business finances may become blurred. You may have racked ...
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Common Reasons Why A Bankruptcy Petition Might Be Dismissed
May 04, 2016
The decision to file for bankruptcy is often one of the hardest choices that a person has to make in his or her lifetime. Poor planning can often make the process even harder. Bankruptcy Fraud: It can...
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What You Need to Know About Bankruptcy
Feb 04, 2016
Bankruptcy is designed to protect individuals, small businesses, and corporations from being overwhelmed by debt. The process involves reorganization and restructuring of debt so that a significant p...
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Five Assets That Won’t Be Taken by the Bankruptcy Court
Dec 09, 2015
In order to keep bankruptcy petitioners from falling below the poverty line, there are certain assets that can be retained as exempt. Homestead exemption If a bankruptcy petitioner owns a home, he or...
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What Happens to My Car When I File Chapter 7?
Oct 22, 2015
If an individual filing for Chapter 7 owns an automobile, the vehicle may become the property of the bankruptcy estate used for the purpose of making creditors whole. If the car has a lean on it from...
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Receivership as an Alternative to Bankruptcy
Oct 08, 2015
Attorneys and clients considering financially challenged businesses should not forget to consider the benefits Receivership, both as a potential tool for collection of outstanding obligations or enfor...
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