Bankruptcy Law Blog

When you’re struggling with debt, wage garnishment can feel like a punch to the gut. It’s a legal process where a portion of your earnings is withheld to pay off creditors. This can relate to credit card debts, taxes, judgments, and even student loans. However, did you know that filing for bankruptcy can help stop…

Choosing a Sacramento bankruptcy attorney can be a daunting task. It’s not merely about finding an attorney; it’s about finding the right one who understands your financial situation and can guide you through the complex process of filing bankruptcy. However, it’s crucial to avoid using terms like ‘best’ or ‘specialist’ when seeking legal representation, as…

Filing for bankruptcy is often considered a last resort for those under the burden of insurmountable debt. However, for people struggling with student loans, Chapter 13 bankruptcy could be a viable solution. While it is often misunderstood, the process can offer a strategic pathway to financial freedom if navigated correctly. This article will delve into…

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…

At Liviakis Law Firm, we understand that individuals struggling with debt often consider a myriad of solutions, one of which is a Debt Management Plan (DMP). However, while DMPs may seem like a viable option at first glance, they often do not provide the relief they promise. Here are some of the reasons why they…

The Presidential Election has a significant impact on various aspects of our lives, including the economy, healthcare, and yes, even bankruptcy options. Policies enacted by the administration in power can dictate the ease with which individuals and businesses can declare bankruptcy, as well as the protections available to them during and after the process. It…

Bankruptcy is a legal process that offers a fresh start to individuals who are unable to pay their debts. There are two main types for individuals and families: Chapter 7 and Chapter 13. While both are viable options depending on your circumstances, Chapter 13 offers several advantages that make it easier to recover from than…

In an era where medical expenses continue to climb, a significant number of individuals and families find themselves drowning in medical debt. Despite their best efforts to maintain their health and finances, unexpected illnesses or accidents can lead to overwhelming medical bills. Understanding the Impact of Medical Debt Medical debt can cast a long shadow…

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…

Losing a job is an upheaval, triggering a domino effect on your financial stability and mental peace. For many, the immediate concern post-job loss isn’t just about finding the next opportunity but managing the looming shadow of debt without a steady income. In these challenging times, how you manage your debt can significantly impact your…