You may hear promises about eliminating or drastically reducing tax debts on TV or the radio, but it is important to know the truth about taxes and bankruptcy. It may be extremely difficult to discharge them, but it is not impossible. Taxes are considered a priority in bankruptcy. Generally, if you file a chapter 7 […]
I am often asked about the effect bankruptcy will have on credit score. For most clients, bankruptcy will improve their credit score faster than any debt settlement or debt consolidation plan. For clients with poor credit scores at the time of filing, most find that their credit score improves faster and higher after bankruptcy. Some
Una Bancarrota, tiene el poder de detener la ejecución de una hipoteca para que pueda salvar la mayoría de sus bienes. La estancia automática, detiene cualquier acción de ejecución hipotecaria y puede proporcionarle tiempo adicional para negociar una modificación de préstamo, o ponerse al corriente en el préstamo mediante una Bancarrota Capítulo 13. El Capítulo
Below are some common California Bankruptcy Exemptions for both Chapter 13 bankruptcy and Chapter 7 bankruptcy: Equity: As long as you have lived in California for the last 40 months, you can exempt up to $75,000 if single $100,000 for a family or head of household $175,000 if you are 65 or older, physically disabled,
