Chapter 7 is a quick bankruptcy. It wipes out your general debts without payment. These debts include credit card bills, medical bills, and payday loans. Chapter 13 bankruptcy is often referred to as reorganization bankruptcy. It deals with debtors with regular income who need additional time to pay back their debt. Chapter 7 and 13 …
What’s the Difference between Chapter 7 and Chapter 13 Bankruptcy? Read More »
If you have already filed bankruptcy once before, you can file again. However, if you are seeking a discharge of debt, you may have to wait. Call an experienced bankruptcy attorney for more information about your situation. When filing bankruptcy for a second time, you must wait a certain amount of time between after the …
Before filing for bankruptcy, I recommend the following: Add up your debt: Add up the amount and kind of debt you have in order to know whether bankruptcy will help you. For example, credit card debt is generally forgiven in bankruptcy. However, most taxes are not forgiven. Also, if your outstanding debt is small and …
If you are considering filing bankruptcy, you may wonder what happens to your real estate in bankruptcy? The answer depends on the type of bankruptcy you file and the amount of equity in the property. If you have any equity in your home, it is highly recommended that you work with a bankruptcy attorney to …
Bankruptcy Lawyer: What happens to my house in bankruptcy? Read More »
If your car is paid off, you will be able to keep it, so long as the value of the car is below California’s vehicle exemption amount or wildcard exemption amount. However, if you are making payments on or leasing your car, you must decide whether you will surrender the car or keep it and …
Riverside Bankruptcy Attorney: Can I keep my car in bankruptcy? Read More »
Pre-Bankruptcy Credit Counseling Requirement
The cost to file bankruptcy largely depends on your individual situation. Below are a few of the considerations when looking at cost. If you file bankruptcy, the court charges a filing fee. -For Chapter 7 cases, the fee is $335. -For Chapter 13, the fee is $310. These fees can be paid in installments if …
What is the cost to file Chapter 7 or Chapter 13 Bankruptcy? Read More »
After filing Chapter 7 Bankruptcy with a Riverside Bankruptcy Attorney, you may find yourself with lots of questions about what to expect. To speak with an experienced bankruptcy attorney, call our office today at (951) 801-5570. While every client’s situation is different, I have listed some of the more interesting questions below. Why can’t I …
What To Expect After Filing Chapter 7 Bankruptcy Read More »
Chapter 7 bankruptcy is the most common form of debt relief for those in debt but most clients don’t know what to expect in bankruptcy. The following is an overview of the bankruptcy process at De Novo Law Firm in the Central District Court of California (the court that oversees bankruptcy in Riverside, Corona, San …
