Can I keep my personal injury award if I file for bankruptcy in California? As a personal injury lawyer in California, one of the scenarios I see is people struggling financially after a serious car accident or other injury. Medical bills pile up and if the injury leaves the person unable to work even for a […]
Are 401(k)s and Retirement Accounts Exempt in Bankruptcy? Yes. Whether you choose to file for Chapter 7 or Chapter 13 bankruptcy, you will very likely be able to keep your retirement. Bankruptcy law is rooted in public policy. The idea being that debt shouldn’t crush familes. People should have a chance to start over with […]
While a phone call from a debt collector can be intimidating and stressful, the state of California provides consumers with a comprehensive set of rights to ensure that the debt collection process is fair and reasonable. A consumer should know her rights in order to take advantage of the protection of the law. Before we […]
California Bankruptcy Exemptions: Will I Lose My Property if I File for Bankruptcy? Last updated Nov. 15, 2018. One major concern of those facing bankruptcy stems from uncertainty over the effect it will have on the property they own. This is certainly a valid concern. However, as a practical matter, we find that most of the […]
Last updated Aug. 29, 2017. Most people know that filing for Chapter 7 bankruptcy will get rid of credit card debt and medical bills, however, many Californians are confused as to whether personal bankruptcy will discharge debts owed to the IRS or to the State of California. Like many answers in the law, the answer […]
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