Personal Bankruptcy

California personal bankruptcy allows residents in financial hardship to discharge their debts or restructure them in a way that will allow them to repay their creditors. If you are a homeowner, in many cases you will be able to stay in your home while stopping collection calls, lawsuits and garnished wages. more »

Filing for personal bankruptcy is a decision that you must make in a thoughtful and deliberate manner. There are certain strategies that you need to employ before, during and after filing for bankruptcy. By following these strategies, bankruptcy can be a valuable process that can create financial order in your life. more »

Personal bankruptcy can feel like a failure--like an admission of defeat. But the process was designed to give people the chance to make a fresh start. Though there are positive aspects to the process, bankruptcy will not solve all credit and debt problems, and there are consequences that should be carefully weighed. Thus, the... more »

Personal bankruptcy can be a wonderful financial safety net when needed, but it is often misunderstood. Part of the confusion stems from the curious fact that bankruptcy is a federal law, but individual states also have adopted various regulations that supersede some of the federal provisions. Further, many people still believe they... more »

In personal bankruptcy matters, both federal and state laws apply, but the requirements for commencing a bankruptcy action vary from state to state. Due to the complexity of bankruptcy law, most people considering bankruptcy retain an attorney to represent them in court and draft the bankruptcy petition and statement of financial... more »