Articles Posted in Chapter 7

If you are searching for an affordable bankruptcy lawyer in Sacramento, attorney fees are probably one of your first concerns. That makes sense. If you are already struggling with credit cards, personal loans, medical bills, taxes, or other debts, the last thing you want is another expense you cannot afford. But there is an important distinction…

Filing Chapter 7 bankruptcy is often one of the most important financial decisions a person will make. While many people think bankruptcy simply involves filling out forms and going to court, the reality is that a successful Chapter 7 case begins long before the petition is filed. Proper preparation is critical. An experienced Sacramento bankruptcy…

If Chapter 7 bankruptcy can eliminate credit card debt, medical bills, personal loans, collection accounts, and even stop creditor harassment, many people naturally wonder: Why doesn’t everyone file Chapter 7 bankruptcy? The answer is simple: while Chapter 7 bankruptcy is one of the most powerful financial relief tools available under federal law, it is not the…

If you have been researching bankruptcy attorneys in Sacramento, you may have noticed something surprising: prices can vary dramatically from one law firm to another. One attorney may advertise a very low fee, while another charges significantly more for what appears to be the same type of bankruptcy case. Naturally, many consumers wonder: “Why such…

Bankruptcy is a difficult subject. Countless people have had to face the humiliation, fear, and frustration that accompany a bankruptcy filing. When the financial strain becomes unbearable and you need relief, the Liviakis Law Firm is here to help. Founded on a philosophy of understanding, patience, and trust, we provide extensive bankruptcy law services to…

If you find yourself in a situation where wage garnishments are overwhelming your budget, it can feel like you’ve been put in the worst financial nightmare. It can consume your thoughts and limit your lifestyle choices. However, there is a solution that offers immediate relief. A Chapter 7 Bankruptcy can stop a California wage garnishment…

If you’re in a financial hardship and are filing for Chapter 7 bankruptcy in Sacramento, CA, the idea of filing a subsequent Chapter 13 bankruptcy can seem daunting. While the law does not categorically rule out the possibility of filing for Chapter 13 bankruptcy after a recent Chapter 7 case, it does come with its…

The decision to file for bankruptcy is never an easy one. In most cases, this daunting task can be overwhelming, and understandably so. A wave of questions could immediately flood your mind: How does this work? What must I do? Whom should I involve? For Sacramento residents, it might seem very enticing to solicit the…

If you’re considering filing for bankruptcy, you likely have a lot of questions. A common question is whether having a high income can be seen as bad faith when filing chapter 7 bankruptcy. The Liviakis Law Firm aims to clarify this point in the following post. The concept of bad faith generally means an intent…

In the context of bankruptcy law, the Means Test is a crucial determinant of eligibility for Chapter 7 bankruptcy. Introduced by the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) in 2005, this formulaic assessment exists to restrict high-income debtors from filing under Chapter 7 [11 U.S.C. § 707(b)(2)]. However, a frequently posed question remains:…