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 »
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 »
System 1 is the better choice if you own a home and have built up a substantial amount of equity.
System 2, however, is the best fit if you don’t own any real property but want to protect all of your personal property.
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
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
Bankruptcy Attorneys – Chapter 13 vs. Chapter 7 Bankruptcy Read More »
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
