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 »
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
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 »
California Bankruptcy Exemptions under Section 703 and Section 704 of Code of Civil Procedure
What Can I Keep If I File Bankruptcy? Bankruptcy Exemptions Read More »
At De Novo Law Firm, we have worked with many clients all over California including Riverside, Moreno Valley, San Diego, Menifee, Murrieta, Temecula and surrounding areas. There are two common types of bankruptcy: Chapter 7 and Chapter 13 bankruptcy. Both will relieve you from debt and creditors but both have unique and different features. Chapter
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Many individuals going through bankruptcy don’t know what to expect when they file. Specifically, they are unfamiliar with the pre-bankruptcy credit counseling court. Going through bankruptcy is not easy and can be confusing if you don’t have the right attorneys to guide you. Here at De Novo Law Firm, our attorneys specialize in helping our
The Riverside bankruptcy lawyers at De Novo Law Firm have helped hundred eliminate their debt through bankruptcy. In a recent statistical report gathered by the United States Courts System, there were as many as 16,025 bankruptcies filed by individuals and businesses in Southern California during 2012. These cases included both Chapters 7 and 13 bankruptcies.
Riverside Bankruptcy Attorney – How Bankruptcy Affects Credit Read More »
As part of the bankruptcy process, a debtor must file several schedules in addition to their petition for bankruptcy. At De Novo Law firm, our bankruptcy attorneys have helped numerous clients navigate the process of chapter 7 bankruptcy and chapter 13 bankruptcy. The schedules are the main portion of the bankruptcy petition because they comprise
Riverside Bankruptcy Attorney – What schedules are filed with bankruptcy? Read More »
I posted an article on debt settlement vs. bankruptcy several months ago but I think it bears repeating. If you are struggling with debt and are considering your options to eliminate that debt, understand the true costs and pitfalls of debt settlement. The New York Times, MSN Money, Fox Business, CNBC, and many others have
Riverside Bankruptcy Lawyer – Debt Settlement vs. Bankruptcy Read More »
In a move that should not come as much of a surprise, Freddie Mac announced that mortgage servicers are authorized to provide unemployed borrowers with up to six months of forbearance. As a result, if you are an unemployed mortgage owner of a loan with Freddie Mac, you may apply for and receive six months
Riverside Foreclosure Attorney – Freddie Mac Extends Foreclosure Forebearance Read More »
