In a California bankruptcy, stocks typically aren’t given any additional consideration. Put another way; most stocks are handled similarly to other assets. Which bankruptcy you file and perhaps which California bankruptcy exemptions you select will determine...
First, contact a Bankruptcy Attorney in Anaheim, CA, if you run into trouble and need help making your Chapter 13 bankruptcy plan payments. Contact the Chapter 13 trustee if you don’t have an attorney. Although there might be options, your case might be...
According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased by 8.5% in the United States from March 2021 to March 2022. In other words, paying for essential costs like food and energy will cost 8.5% in the spring of 2022. Los Angeles is right...
Most people find it difficult to make the decision to file for bankruptcy. It is common for residents of California to struggle with debt for years before deciding it is time to take action and put debt stress behind them. Though it is never too late to file for...
Your case will be significantly impacted by the type of bankruptcy chapter you choose to file. It has an impact on the property you can keep, the kinds of payments you must make, and the length of the entire process. What happens if your situation changes after...
Your bills are past due, you’ve fallen behind on your house and car payments, and you don’t see how you’ll ever be able to recover. Have you given bankruptcy any thought? It could be a way to make a fresh start. But you have a huge pile of bills, and...
Citing research done by Vanguard Group, A record 2.8% of the five million people in 401(k) plans run by Vanguard Group tapped their retirement savings in 2022 to cope with hardships such as medical bills, eviction, or foreclosure, the company said. That is up from...
Borrowing from friends and family is a viable option if you are experiencing financial difficulties and are unable to pay your expenses. There may be better options than borrowing money, even if someone is willing to help you. Before borrowing money from a friend or...
Often, when faced with financial difficulty, an individual may decide to take a number of faulty steps to try and fix their finances. However, these choices may make the situation worse, and if it becomes clear that bankruptcy is the better option, these decisions may...
As we approach tax season, many people are surprised that a tax specialist may determine there are hidden deductions in their Chapter 13 plan payment. It is always best to consult your tax preparer to see what deductions you may be eligible for if you are in repayment...
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