West Covina
West Covina Office
100 North Barranca Suite 250
West Covina, CA 91791United States (US)
Norwalk - Imperial Sq. Office Park
Norwalk – Imperial Sq. Office Park
12631 E. Imperial Highway Suite A-104
Santa Fe Springs, CA 90670United States (US)
Ontario - Ontario Exec. Center
Ontario – Ontario Exec. Center
3535 Inland Empire Blvd Suite 45
Ontario, CA 91764United States (US)
Torrance
Palmdale
Glendale
Glendale
100 North Brand Boulevard Suite 636
Glendale, CA 91203United States (US)
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Bankruptcy Under Biden: A Look at Possible Changes to the U.S. Bankruptcy Code
Submitted by Barry BorowitzSenator Elizabeth Warren is arguably the nation’s leading consumer advocate in the area of bankruptcy and other financial protections. She strongly opposed the 2005 bankruptcy reform that made it harder for many Americans to file Chapter 7 bankruptcy, has published significant studies on the root causes of bankruptcy in the United States, and even authored […]
Act Now to Minimize Coronavirus Financial Impact
Submitted by Erik ClarkContentsFinancial Steps You Can Take TodayAssess and prioritize your bills and expensesDon’t make assumptionsEducate yourself about the resources available to youUnderstand what it means that this relief is temporary California was the first state in the nation to shut down non-essential operations to protect its citizens against the spread of the novel coronavirus and the […]
How Long Does a Los Angeles Bankruptcy Take?
Submitted by Erik ClarkContentsThe Automatic Stay Takes Effect ImmediatelyTimelines for Completing a Consumer Bankruptcy CaseChapter 7 Bankruptcy Chapter 13 Bankruptcy Most people who file for bankruptcy have been struggling with debt for quite a while and are understandably eager to get the process over with and move forward, which makes knowing how long the process can take a popular […]
Can You Afford to Stay in Debt?
Submitted by Barry BorowitzIf you sometimes feel like you’re working just to pay your debts, you’re not alone. According to the Center for Macroeconomic Data, aggregate household debt in the United States increased to $13.95 trillion in the third quarter of 2019. This was the 21st consecutive quarterly increase in consumer debt. At a per capita debt of […]
What is an Adversary Proceeding in Bankruptcy?
Submitted by Barry BorowitzFor most people, bankruptcy isn’t like a typical legal proceeding. For most, there is no courtroom appearance and little or no contact with a judge. Instead, the bankruptcy process is usually accomplished through a combination of online or telephone courses, paperwork completed with the assistance of your bankruptcy attorney, and a single live appearance at […]
Is a Pro Se Bankruptcy Right for Me?
Submitted by Erik ClarkContentsLos Angeles Bankruptcy Filing StatisticsSuccess Rates of Pro Se Bankruptcy PetitionersNon-Attorney Assistance in California Bankruptcy CasesThe Value of an Experienced Bankruptcy Attorney There is no law or regulation requiring that people filing for bankruptcy in Los Angeles work with a bankruptcy attorney. In fact, a significant percentage of cases in the U.S. Bankruptcy Court for […]
California Law Protects Consumers against Creditor Harassment
Submitted by Barry BorowitzThe federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from a variety of dishonest, abusive, and harassing behaviors. The statute offers broad protection, including: Placing an obligation on debt collectors to provide certain information in debt collection communications Prohibiting debt collectors from pursuing collections while a debt is in dispute Prohibiting debt collectors […]
What Happens to My Tax Refund if I File Bankruptcy?
Submitted by Barry BorowitzIncome tax refunds play an important part in many family budgets. According to a study conducted by JP Morgan Chase, the average tax refund in the United States is equal to nearly six weeks of the recipient’s take-home pay. And, what happens to those refunds shows how reliant on that money many Americans are. On […]
What is Nondischargeable Debt?
Submitted by Barry BorowitzThe key benefit of a Chapter 7 bankruptcy case is the discharge–the elimination of the legal obligation to pay many unsecured debts. If you’re considering Chapter 7 bankruptcy, you may have heard about “nondischargeable debt” and be unsure how much bankruptcy will help you, or which of your debts may be wiped out in Chapter […]
What Happens to a Cosigner in a California Bankruptcy?
Submitted by Erik ClarkContentsWhat is a Cosigner?What Happens to a Cosigner When the Borrower Files Chapter 7?What Happens to a Cosigner When the Borrower Files Chapter 13? The Bottom Line on Filing Bankruptcy with Cosigners Typically, filing for personal bankruptcy impacts only the person filing the bankruptcy case and the creditors affected. Even a non-filing spouse is generally not […]