Bankruptcy Law Blog

Chapter 13 bankruptcy, sometimes referred to as repayment bankruptcy, is a form of debt relief that allows a debtor to restructure their debt and pay back their creditors over the course of three to five years. The Chapter 13 repayment plan is based off of your disposable income and takes into account all your debts,…

There are numerous debt repayment options, each with their own sets of pros and cons. You can choose one of these after factoring in your debt amount, income, monthly expenses, credit rating and the amount of debt that you actually want to pay off. Here are some debt repayment options which you can consider. Debt…

Located at the confluence of the American River and the Sacramento River, Sacramento is also the capital city of the state of California in the US. Renowned for its diverse ethnicity, humongous tree canopy (which is also the largest in the US), archaic charm, Mediterranean climate, and its fast evolving ‘hipster’ culture, the city of…

If you are struggling with an overwhelming debt on your home mortgage and/or high-interest credit cards, you are not alone. Given the current economic situation in the country, there are millions of individuals who find debt repayment exceedingly unaffordable. Explore the various strategies of settling your debt and extricating yourself from the vicious cycle of…

Dealing with a massive debt is extremely difficult if you are unable to manage your finances well. However, there are ways in which you can deal with your crippling debt more efficiently. Debt consolidation and bankruptcy are two of the most popular debt management strategies in our country. Hopefully, you are wondering which of the…

One of the most popular ways of getting repo’d car back is by filing Ch 13 in California. Regardless of whether it is a small car, SUV, truck, van or motorcycle, you can always get it back. One way is by filing for chapter 13 bankruptcy. And what’s more? You can also renegotiate the loan…

Economists have found out that unlimited data mobile phone plans help limit inflation of the country. The unemployment levels are low and the job market is tightening. However, core inflation increased only by 1.9% in April when compared to the same time last year. It was at a 2.3% growth level in January and the…

If your student loan debt is giving you constant cold sweats and nightmares, you are not alone. There are millions of students in our country that are bogged down by their crippling student loan debt. Most are constantly looking for ways of easing out their financial burden. Here are a few student loan debt management…

Often taken as a last minute measure, payday loans are a high-interest, easy-to-procure kind of advance that are meant to be paid back in a few months. Under bankruptcy though, they are treated as an unsecured loan. Before looking for fast cash, learn the payday and title loan risks. Payday and title loan risks Payday…

Cashing out 401K to pay debt seems like a great idea till you get all the facts. There are a few, and let’s be clear about it. There are a few instances where it makes sense to do this. Your 401K is your savings for your retirement and it is best to leave that alone.…