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If you’re drowning in debt, personal bankruptcy may be the only way out. Unfortunately, some people are hesitant to file for bankruptcy because it appears to be excessively difficult and unclear. The fact that you must attend bankruptcy classes in order to...
Unlike normal unsecured debt like credit card debt, which may be easily discharged in Chapter 7 bankruptcy, most college loans are extremely difficult to discharge. However, there are a few scenarios in which petitioning for the discharge of private and/or federal...
The vast majority of personal bankruptcy proceedings are rather simple affairs. This is particularly true in Chapter 7 bankruptcy, in which all unsecured obligations are wiped and creditors are not paid. However, if you file Chapter 13, which involves a repayment plan...
At The Law Offices of Paul Y. Lee, can offer our clients guidance about the procedure leading up to bankruptcy and afterwards after many years of working on California bankruptcy cases. Today, we’ve gathered a list of pointers to guarantee you’re filing...
People who are thinking about filing for bankruptcy are already in a bad financial situation. As a result, it’s understandable that they’d look for ways to cut costs on their bankruptcy case. The cheapest option is to draft your own bankruptcy petition for...