Browsing Posts in Bankruptcy Law

On April 26, U.S. District Judge Otis Wright, who has been on the bench for only five years, filed for court protection from his outstanding debt.

In 2009, Nadya Suleman, a 36-year-old La Habra, California, resident gave birth to eight babies at once, a miracle that put her in the spotlight during a time when multiples were garnering attention from tabloid magazines, reality TV shows and nightly news programs.

Even after recruiting a top California bankruptcy lawyer, individuals in the Golden State who are looking to increase their financial stability by filing for Chapter 7 or Chapter 13 protection need to take certain steps on their own.

Before entering into a marriage, California residents who want to protect their wealth are well advised to consult with a family lawyer from a trusted attorney referral service that can help them decide on the best way to protect their assets.

Bankruptcy estates aren’t always just bank accounts, property and cars.

Just because a Californian rakes in a momentous income, he or she is not necessarily clear of needing to file for bankruptcy.

Appointed trustees try their hardest to find as many assets that creditors can liquidate as possible.

With laws varying from state-to-state, the average person may have a hard time figuring out what assets count towards their claim.

Frederic Gladle falsely offered to delay foreclosures for up to six months at a rate of $750 per month.

Of the sample of audited documents, 84 percent appeared to have one or more violations of the law.