Author name: De Novo Law Firm

Bankruptcy, Child Support, and Alimony. What is the interaction?

Some people are concerned with whether or not bankruptcy will help relieve back payments due on child support or alimony. This is one area of bankruptcy law that is pretty clear. In short, bankruptcy will not relieve you of child support or alimony payment. These types of payments are some of the rare forms of

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Riverside Bankruptcy Attorney-Student Loans and Bankruptcy. Can I get rid of this debt?

A common question from many of my clients is whether they can get rid of student loans through bankruptcy.  With the costs of school very high and the prospects for finding work after obtaining a degree being so low, many people are asking themselves how they can get rid of student loan debt. While difficult,

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Banks Try to Settle Mortgage Fraud Charges

The Wall Street Journal reports today that the nation’s largest banks currently seek to settle claims made by state and federal officials of improper mortgage-servicing practices through a payout of $5 billion.  These claims arose after it was revealed that the largest banks failed to oversee the servicing effots including the foreclosure process of thousands

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Can Chapter 7 bankruptcy save me money on my home or car payment?

Can you re-negotiate the percentage rate on my car/home in a Chapter 7 bankruptcy? Clients are interested to know whether they can renegotiate the percentage rate of their car or home in a Chapter 7 bankruptcy.  Under the bankruptcy code, a Chapter 7 bankruptcy is a liquidation bankruptcy and is not designed to renegotiate terms

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