• 16 May 2023
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Life After Bankruptcy

Posted by Gurjit Srai In Bankruptcy May 16, 2023 0 Comment
Life After Bankruptcy

You made the decision to file bankruptcy and have even started the process. But now you may be wondering what your life will be like after the court gives you your final discharge, with the bankruptcy now over and you not owing most of your debts. This article looks at life after bankruptcy and what …

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  • 12 May 2023
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What Does Filing Bankruptcy Mean?

Posted by Gurjit Srai In Bankruptcy May 12, 2023 0 Comment
What Does Filing Bankruptcy Mean?

You have made sound financial decisions for most of your life. However, bad things do happen to good, smart people. And even one small decision or action can wreak financial havoc on all aspects of your life. When you find yourself upside down financially with no room to make things better, your only option out …

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  • 15 Apr 2023
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What Should I Expect From My Stockton Bankruptcy Attorney

Posted by Gurjit Srai In Bankruptcy April 15, 2023 0 Comment
What Should I Expect From My Stockton Bankruptcy Attorney

Bankruptcy can be a great way to reset your finances and get out from your burdensome debt. Most people who file for bankruptcy feel a great deal of relief once their case is over. But understanding the bankruptcy process and successfully getting through it can be daunting. That’s where a bankruptcy attorney comes in. Not …

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  • 04 Apr 2023
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Differences Between Secured, Unsecured and Priority Claims in Bankruptcy Proceedings

Posted by Gurjit Srai In Bankruptcy April 4, 2023 0 Comment
<strong>Differences Between Secured, Unsecured and Priority Claims in Bankruptcy Proceedings</strong>

Bankruptcy cases involve three different categories of debts or claims: secured, unsecured and priority. If you are planning to file bankruptcy, you should have a basic understanding of these types of claims and how each is treated in a bankruptcy proceeding. Secured Claims A secured claim is a financial obligation that is backed by collateral …

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  • 14 Mar 2023
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California’s Exclusive Bankruptcy Exemptions

Posted by Gurjit Srai In Bankruptcy March 14, 2023 0 Comment
<strong>California’s Exclusive Bankruptcy Exemptions</strong>

When you have hit a financial meltdown, bankruptcy may be your only hope for a fresh start. With the proper filing, you can straighten up your finances and keep the things you need to work and live. Before you file for bankruptcy, it is imperative that you hire an experienced Stockton bankruptcy attorney to explain …

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  • 03 Mar 2023
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Is Bankruptcy Information Public?

Posted by Gurjit Srai In Bankruptcy March 3, 2023 0 Comment
<strong>Is Bankruptcy Information Public?</strong>

Bankruptcy proceedings are processed through the U.S. Bankruptcy Court, which is part of the federal court system. Unless sealed, all documents filed in a bankruptcy case are public and can be viewed by anyone. Information contained in bankruptcy case documents is also a matter of public record.  What Is a Public Record and Are Bankruptcies …

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  • 13 Feb 2023
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5 Reasons Your Chapter 7 Bankruptcy Case Could Be Denied

Posted by Gurjit Srai In Bankruptcy February 13, 2023 0 Comment
<strong>5 Reasons Your Chapter 7 Bankruptcy Case Could Be Denied</strong>

It is very unusual for a Chapter 7 bankruptcy filing to be rejected or denied, but it nevertheless does happen. Most denials or rejections are due to the lack of attention to details in the filing process or errors made on the preparation of the petitions. In other cases, fraud may be the reason for …

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  • 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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