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Filing for Chapter 7 Bankruptcy in California: What You Need to Know

A business is never expected to fail, but statistics show that many small businesses do. According to the U.S. Bureau of Labor Statistics, around 20% of small businesses fail in their first year of operation, and by year five, almost 50% have closed their doors. If a...

The Meaning Of Surrendering Property In Bankruptcy

“Can I still keep my…?” is a common question among those considering bankruptcy. The property is usually a house or a car, but other property types are occasionally mentioned. Although Chapter 13 bankruptcy can help you avoid foreclosure, it’s...

What Happens If I Can’t Pay My Chapter 13 Payments in Anaheim, CA?

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...

Getting Relief From Los Angeles Inflation With Chapter 7 Bankruptcy

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...