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True or False: Bankruptcy Discharge Completes the Process

by Paul Y. Lee | Oct 21, 2018 | Bankruptcy

It is very common for a person to assume that once their bankruptcy is discharged, their case is over. They may wonder why their trustee is still contacting them. This misunderstanding is due to the focus of the debtor on discharge. As you work with a bankruptcy...

Three Unfounded Bankruptcy Fears and the Truth Behind Them

by Paul Y. Lee | Oct 10, 2018 | Bankruptcy

At The Law Offices of Paul Y. Lee we work with people at every stage of their financial lives. In some cases, they have been living under heavy debt for decades and are finally coming around to taking a step to change their situation. Others have had a specific event...

5 Things You Must Do if You Want to Keep Your Home in a Chapter 13 Bankruptcy

by Paul Y. Lee | Sep 18, 2018 | Bankruptcy

One of the reasons a person may choose Chapter 13 bankruptcy over Chapter 7 bankruptcy is because they want to keep their home. However, keeping your home is not a given. Read on to find out five things you must do if you want to ensure that you keep your home. If you...

Filing Chapter 13 Bankruptcy Could Come with Hidden Tax Deductions

by Paul Y. Lee | Sep 6, 2018 | Bankruptcy

There may seem to be a million and one things to keep track of when you file Chapter 13 bankruptcy. It can be an overwhelming process but the good news is that there are bankruptcy attorneys here to help you. When you choose to work with The Law Offices of Paul Y....

How Much Will You Have to Pay Back if You File Chapter 13 Bankruptcy?

by Paul Y. Lee | Aug 21, 2018 | Bankruptcy

If you are considering bankruptcy then one of the first decisions you will make will be whether to file Chapter 7 or Chapter 13 bankruptcy. Put simply, Chapter 7 is a liquidation bankruptcy in which many debts are erased and property is sold. Chapter 13, on the other...

Are You Confused by the Bankruptcy Means Testing Process? We Can Help

by Paul Y. Lee | Aug 9, 2018 | Bankruptcy

If you are considering filing bankruptcy in California then you may have to go through what is known as a means test. This process can be very confusing for a person who is not familiar with bankruptcy law. The good news is that The Law Offices of Paul Y. Lee is here...

The 5 Criteria Required to Include Income Tax in Chapter 7 Bankruptcy

by Paul Y. Lee | Jul 20, 2018 | Bankruptcy

If you are considering filing for Chapter 7 bankruptcy and you owe back income taxes then it is likely you will consider if your income tax debt can be included. The answer is more complicated than a simple yes or no. The best way to get an answer about your specific...

If You Are a Veteran Considering Bankruptcy Then Read This First

by Paul Y. Lee | Jul 10, 2018 | Bankruptcy

In a perfect world, our military veterans would come home to well-paying jobs and would never have financial difficulties. Unfortunately, this is not always the case. Due to a variety of unique situations, it is more common than you may think for a military veteran to...

Can You Guess What the 3 Most Commonly Asked Questions About Bankruptcy Are?

by Paul Y. Lee | Jun 22, 2018 | Bankruptcy

Many people believe that they know quite a bit about bankruptcy and some are right. However, many are surprised to learn not only the three most frequently asked questions about bankruptcy, but their answers. Read on to learn more and then reach out to The Law Offices...

5 Reasons You Don’t Want to File Chapter 7 Bankruptcy Without an Attorney

by Paul Y. Lee | Jun 12, 2018 | Bankruptcy

When a person files for bankruptcy and does not work with an attorney it is referred to as “pro se.” It is legal to do so but we highly recommend that you do not do it on your own. We are not offering this advice just because we are in this business but because it is...

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