• 18 Nov 2022
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Is There a Debt Limit for Chapter 7 Bankruptcy?

Posted by Gurjit Srai In Bankruptcy November 18, 2022 0 Comment
Is There a Debt Limit for Chapter 7 Bankruptcy?

There are two choices for bankruptcy in general consumer cases: a Chapter 7 “straight” bankruptcy or a Chapter 13 “reorganization” payment plan. Chapter 7 is the more preferred over Chapter 13 for individuals facing financial difficulties. The two main reasons is that there is no ceiling on the amount of debt with which you can …

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  • 07 Nov 2022
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The Cost of Filing a Chapter 7 Bankruptcy

Posted by Gurjit Srai In Bankruptcy November 7, 2022 0 Comment
The Cost of Filing a Chapter 7 Bankruptcy

Filing bankruptcy may not be an ideal option for most people, but it may be the ultimate option you need to get out of a financial hole. Despite what most people think, filing for bankruptcy is not free. However, there may be other costs associated with the filing. You may also be eligible for your …

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  • 21 May 2022
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California Debtor’s FAQs About Bankruptcy

Posted by Gurjit Srai In Bankruptcy May 21, 2022 0 Comment
California Debtor’s FAQs About Bankruptcy

When your debt is out control and you are not able to hold your head above water with regard to your financial stability, your best option may be to file bankruptcy. You will no doubt have numerous questions and concerns. It will be in your best interest to consult with and hire an experienced Central …

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  • 03 May 2022
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Understanding the Basics of Bankruptcy Law

Posted by Gurjit Srai In Bankruptcy May 3, 2022 0 Comment
Understanding the Basics of Bankruptcy Law

When you are financially strapped, the overdue bills keep piling up, and your phone is ringing off the hook with collection calls, you may have no choice but to file for bankruptcy. Despite the bad wrap bankruptcy has, it can be a very helpful tool to help you get the financial restart you need. But …

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  • 09 Mar 2022
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What Can Be Forgiven Under Chapter 7 Bankruptcy?

Posted by Gurjit Srai In Bankruptcy March 9, 2022 0 Comment
What Can Be Forgiven Under Chapter 7 Bankruptcy?

 When you hit a financial wall, your only option for relief may be to file Chapter 7 bankruptcy. Filing for bankruptcy is generally not an easy decision for most people to make. However, when you ultimately make this decision, it is important to know what it is you are getting yourself into. One common question …

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  • 02 Aug 2021
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Situations Where Filing Bankruptcy Can be Beneficial

Posted by srailawoffice In Bankruptcy August 2, 2021 0 Comment
Situations Where Filing Bankruptcy Can be Beneficial

It is not easy to make the difficult decision of filing bankruptcy, even if you are going through a rough financial time. Proper planning can make this stressful process easier. It goes without saying that filing for any type of bankruptcy should typically be a last resort option and done only once you have satisfied …

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  • 28 Jun 2021
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From Delinquency to Default Judgment: What You Need to Know About Collection Lawsuits

Posted by srailawoffice In Bankruptcy June 28, 2021 0 Comment
From Delinquency to Default Judgment: What You Need to Know About Collection Lawsuits

If debt is not properly dealt with, it can easily evolve from a bill you have to pay to an extremely challenging legal action. If you are having financial difficulties, you should understand that more than ever you are not alone. Beginning with the COVID-19 shutdown and lockdowns, millions of individuals lost their job and …

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  • 23 Jun 2021
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Can I File Bankruptcy If I’m Unemployed?

Posted by srailawoffice In Bankruptcy June 23, 2021 0 Comment
Can I File Bankruptcy If I’m Unemployed?

It is never a good time to file bankruptcy. However, what if you are unemployed and considering bankruptcy in California? Although anyone may file bankruptcy, it does not mean that the filing will be successful, regardless of your employment status. Being unemployed means your funds are limited and filing bankruptcy may seem like the right …

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