Author Archives: Site Administrator
Filing for Chapter 7 Bankruptcy Without Your Spouse
If you and your spouse are struggling to make ends meet due to mounting debt, you aren’t alone. Whether it’s the loss of a job or an unexpected illness, these events can cripple a couple financially. Experiencing financial hardships can lead to difficult decisions — like whether or not to file for bankruptcy. Here… Read More »
Top Questions Married Couples Ask About Bankruptcy
Married couples overwhelmed with debt could find bankruptcy to be a viable solution to gain control of their finances. However, married couples may struggle with the decision on filing for bankruptcy if they are unsure if it’s the right choice. If you and your spouse have questions about bankruptcy, these could be the answers… Read More »
Should My Spouse Be Included When Filing for Chapter 13?
Married couples struggling with mounting debt may not know which bankruptcy chapter is right for their financial situation. It’s also hard to decide if it’s a better option for only one spouse to file a bankruptcy petition. Although Chapter 7 is the quickest and easiest solution, couples who do not qualify can still find… Read More »
Can I file for Bankruptcy If I’m Divorcing or Legally Separated?
When couples legally separate or divorce while going through Chapter 13 or Chapter 7 bankruptcy, they have the option of separating their cases into two so that each spouse can do what they want with their case, convert from Ch 13 to Ch 7, or wrap up the case if it is already close… Read More »
How Does Joint Bankruptcy Work?
Married couples who are faced with an overwhelming amount of debt may benefit from filing for joint bankruptcy. However, it’s important to understand that each couples financial situation is different and bankruptcy isn’t a “one size fits all” approach to debt relief. There are some instances in which filing jointly may not be helpful… Read More »
Filing for Bankruptcy Without Your Spouse
Making the decision to file for bankruptcy isn’t something that is usually taken lightly. For individuals filing alone and have a spouse to consider in the process, it’s even more crucial to get as much information as possible. While bankruptcy is a great debt-relief option, many married couples are concerned about how it will… Read More »
Do I lose my property when filing for bankruptcy in Southern California?
Your home is probably one of the most cherished and important assets that you own. It’s where memories are made with family and friends and it would be difficult to let it go. Unfortunately, sometimes there are life-altering situations that get in the way, leaving you with a financial hardship that can put you… Read More »
When is Filing Bankruptcy the Best Option?
There are many reasons why people get into debt. While some may feel ashamed that they have found themselves in financial trouble, it’s not uncommon and doesn’t make you a bad person. Sometimes life can throw us curveballs that are difficult to get out of, and we need help. If you are in financial… Read More »
How do I Know What Debt Relief Method is Right for Me?
Not all debt relief options are constructed the same. Each one has its own unique criteria in which it is designed to resolve specific debt-related issues. From credit card debt and medical bills to personal loans and foreclosure, each may fall into one or a number of debt relief methods. While there is no… Read More »
What Happens When I file for Bankruptcy?
Finding yourself in debt is a stressful situation, and not knowing how to get out of it can be scary. However, you can take comfort in knowing that you have just taken the first critical step in seeking debt relief — educating yourself about bankruptcy. While filing for bankruptcy on your own is a… Read More »