Articles Posted in Bankruptcy

The bankruptcy process can be a daunting one, with various types to consider depending on your financial situation. In the United States, there are three primary types of bankruptcies: Chapter 7, Chapter 11, and Chapter 13. Each has its own set of advantages and disadvantages, and the right one for you will depend on your…

At Liviakis Law Firm, we understand that the decision to file for bankruptcy is a significant one. It’s important to have a comprehensive understanding of the bankruptcy process before making this decision. Here are some resources where debtors can learn about bankruptcy. 1. United States Courts Website The United States Courts website is an excellent…

At Liviakis Law Firm, we understand that the process of filing bankruptcy in Fresno, California, can seem daunting. This article aims to demystify the process and provide a clearer picture of what to expect when filing for bankruptcy in Fresno. Understanding Bankruptcy Laws in California Bankruptcy laws differ from state to state, and understanding them…

Bankruptcy is often viewed as a last resort, a step taken when all other options have failed. However, this perspective neglects the significant emotional relief that bankruptcy can provide. The Liviakis Law Firm believes that understanding the emotional implications of debt and the relief that bankruptcy can provide is crucial in the decision-making process. Debt…

Bankruptcy is an option that individuals and businesses consider when they are unable to pay their debts. However, the process itself can be complex and requires the guidance of a professional. If you’re in Sacramento, CA, and considering filing for bankruptcy, you’re likely wondering, “how much does a bankruptcy attorney cost?” In this article, we…

Facing financial distress is a daunting experience that can leave many feeling overwhelmed and uncertain about the future. The prospect of filing for bankruptcy, while offering a path to relief, brings its own set of concerns and questions. Understanding the nuances of pre-bankruptcy can significantly impact the decisions you make and ultimately, the outcome of…

The word “bankruptcy” can carry a heavy weight, and for many, it’s shrouded in misunderstanding and misperception. But the truth is, bankruptcy is a legal process designed to provide a second chance for individuals and businesses burdened with more debt than they can handle. If you’re finding yourself in the throes of financial turmoil, recognizing…

Filing for bankruptcy can be a stressful process, and the last thing anyone wants is to lose their retirement savings along with their other assets. Retirement accounts are often one of the largest assets a person possesses, so it’s understandable to be worried about what might happen to them during bankruptcy. In this blog post,…

Filing for bankruptcy can be a scary and overwhelming experience. Not only does it affect your finances, but it also puts your assets at risk. That’s why it’s essential to learn how to protect your assets in bankruptcy. In this blog post, we’ll discuss some simple and practical tips to safeguard your assets when filing…

Bankruptcy is a legal process in which individuals or businesses declare that they are unable to pay off their debts. It is a challenging and sometimes overwhelming situation to face. One of the major concerns, when filing for bankruptcy, is whether you will lose any of your assets. If you are considering bankruptcy and concerned…