Author Archives: Site Administrator
When Can I Buy a Home After Filing Chapter 7 Bankruptcy?
Chapter 7 bankruptcy is one of the most common types of bankruptcy because it wipes away all qualifying debts. Once people obtain financial freedom after bankruptcy, their goal is to restructure their credit and start a new chapter–often including purchasing a new home. Our Los Angeles bankruptcy attorneys explain if people can buy a… Read More »
How Do I Apply for a Loan After Bankruptcy?
Bankruptcy allows debtors to rebuild their finances and get rid of debt that is tying them down. After filing for bankruptcy, many people’s goal is to rebuild their credit and access loans they know they can manage. Our Los Angeles bankruptcy attorneys explain how to apply for a loan after filing for bankruptcy. Getting… Read More »
How Will Bankruptcy Affect My Credit Score?
Bankruptcy is a great debt relief option for many people who want to restructure their debt or get rid of it completely. However, many people are often worried about how bankruptcy will affect their life once their debt is paid, especially their credit score. Our Southern California bankruptcy lawyers explain how bankruptcy actually affects… Read More »
What Does My Credit Score Say About Me?
A FICO score is a measure created by the Fair Isaac Corporation that is used by credit agencies to indicate a borrower’s risk. In most cases, the higher the credit score, the lower the risk to the lender. This is how financial institutions decide whether to lend money or issue credit. Our Southern California… Read More »
Which Type of Bankruptcy Eliminates All Debts?
Everyone’s debt situation is different; that is why bankruptcy isn’t a one-size-fits-all solution. There are different types of bankruptcy “chapters” that people can apply for to help them solve their unique debt problems. If you’re facing an overwhelming about of debt and you are sure you won’t have the ability to make ends meet,… Read More »
4 Steps to Pay Off Credit Card Debt
If you are dealing with credit card debt, you may feel overwhelmed with no idea how to start your path toward debt relief. To help you achieve financial freedom, our Southern California bankruptcy attorneys have put together steps to help you pay off credit card debt. #1: Apply the Snowball Method A popular form… Read More »
What Debts Are Discharged In Bankruptcy?
Bankruptcy helps people discharge debts to obtain debt relief. Discharge releases debtors from personal liability for their debts, and it prevents creditors from taking collection actions against them. If you’re considering filing for bankruptcy during the COVID-19 pandemic, you might be wondering what debt bankruptcy can wipe out. Our Los Angeles bankruptcy attorneys explain… Read More »
FAQ About Filing For Bankruptcy During COVID-19
As the spread of COVID-19 continues to bring a toll on human life, businesses, and workers across the country, people are considering filing for bankruptcy to get financial relief. Filing for bankruptcy is a big step that comes with many questions, especially during this time. For such reasons, our Los Angeles bankruptcy attorneys have… Read More »
Top 3 Reasons to File for Bankruptcy Now
Amidst the economic climate during the COVID-19 pandemic, many people have been forced further into debt. If you were struggling to make ends meet before the pandemic happened, it might even be more of a struggle now — and without any debt relief, the consequences could be devastating. However, bankruptcy could be the answer… Read More »
How Quickly Can I File for Bankruptcy?
Understanding How Long Bankruptcy Takes Depending on your particular debt situation and the type of bankruptcy you will be claiming, it can take as little as four months or up to five years to complete. While this may sound like a vast timeline, each type of bankruptcy has its own set of rules that… Read More »