Blog

Baneficios del Capítulo 7

Hay varios ventajas en una Bancarrota Capítulo 7 Tras la presentación de su bancarrota al Tribunal, el Estado Automatico hace lo siguiente: · Elimina la deuda: La Bancarrota Capítulo 7 le permite eliminar su deuda de trarjetas de credito, cuentas médicas, y préstamos. · Mantenga sus bienes: La Bancarrota Capítulo 7 le permite mantener sus ...
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What effect will bankruptcy have on credit?

I am often asked about the effect bankruptcy will have on credit score.  For most clients, bankruptcy will improve their credit score faster than any debt settlement or debt consolidation plan.  For clients with poor credit scores at the time of filing, most find that their credit score improves faster and higher after bankruptcy.  Some ...
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The Perils of Debt Settlement-Bankruptcy Lawyer

Debt settlement rarely works.   For many clients, Chapter 7 or Chapter 13 bankruptcy is a better option. Companies like Forbes, MSN money, Fox Business, and many others have all tried to warn potential debt settlement clients to the dangers. MSN money notes the following issues: Debt Settlement Issues Fraud. There is no agency that ...
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Los Angeles Sues Banks over Foreclosure Blight

The Wall Street Journal reported today that the city of Los Angeles is suing Deutsche Bank for its failure to maintain homes taken back from homeowners through foreclosure as well as illegally evicting tenants who were legally renting the spaces. Deutsche Bank has responded by saying they are only the trustees of the properties and ...
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Capítulo 7 Bancarrota

Obtnega Un Comienzo Fresco- Llame Ahora- (951) 801-5570 Bancarrota con De Novo Law Firm El Capítulo 7 de una Bancarrota proporciona a los deudores una salida limpia, lo que les permite eliminar sus deudas de tarjeta de crédito y otras deudas no garantizadas sin tener que hacer pagos a los creedores. El Capítulo 7 de ...
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POR QUE DECLARARSE EN BANCARROTA-Parte Uno

Una Bancarrota, tiene el poder de detener la ejecución de una hipoteca para que pueda salvar la mayoría de sus bienes. La estancia automática, detiene cualquier acción de ejecución hipotecaria y puede proporcionarle tiempo adicional para negociar una modificación de préstamo, o ponerse al corriente en el préstamo mediante una Bancarrota Capítulo 13. El Capítulo ...
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Bankruptcy Exemptions-Homestead

Below are some common California Bankruptcy Exemptions for both Chapter 13 bankruptcy and Chapter 7 bankruptcy: Equity: As long as you have lived in California for the last 40 months, you can exempt up to $75,000 if single $100,000 for a family or head of household $175,000 if you are 65 or older, physically disabled, ...
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Save Your Home from Foreclosure-Part 2

Chapter 7 Bankruptcy is another option that can possibly forestall a home foreclosure and lead to a more permanent solution.  Upon filing Chapter 7 bankruptcy, the automatic stay goes into effect and stops any creditor from taking an adverse action against the estate.  Chapter 7 bankruptcy has the added benefit of eliminating unsecured debt such ...
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Options to Save Your Home (Part 1 of 3)

Most homeowners are left with little hope after receiving a Notice of Default or a Notice of Sale on their home.  However, there are several things clients can do to protect themselves. 1. Pay the reinstatement amount and reinstate the loan: Although most people do not have the thousands of dollars necessary to come current ...
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