Recent Posts in Bankruptcy Category
Posted on Dec 13, 2021 By Arnold Law Group, APC
What Is Considered Harassment by a Creditor? Debt collectors are not allowed to harass anyone. The Fair Debt Collection Practices Act —codified as 15 U.S.C. § 1692 ...
Continue reading "How to Stop Debt Collector Harassment" »
Posted on Oct 5, 2021 By Arnold Law Group, APC
Filing for bankruptcy could help you get a fresh financial start and a new lease on life. Most commonly, individuals either find themselves filing for chapter 7 or 13 bankruptcy. Understanding the ...
Continue reading "What's the Difference Between Chapter 7 & 13 Bankruptcy in CA?" »
Posted on Jul 6, 2021 By Arnold Law Group, APC
Bankruptcy can enable individuals to get a fresh financial start. If you find yourself buried by debt or struggling to make payments, filing for bankruptcy could enable you to regain economic ...
Continue reading "What Happens to My Trust During Bankruptcy?" »
Posted on Dec 29, 2020 By Arnold Law Group, APC
For individuals in dire financial straits, filing for bankruptcy can be an opportunity to get a fresh start. However, the process of filing for bankruptcy is complex, and making the right decisions if ...
Continue reading "Chapter 7 vs. Chapter 13 - What Kind of Bankruptcy is Right for You?" »
Posted on Oct 8, 2020 By Arnold Law Group, APC
Filing for bankruptcy can help you get a new lease on life and improve your financial station. When you file for bankruptcy as an individual, one of the first questions you'll need to answer is ...
Continue reading "What's the Difference Between Chapter 7 & Chapter 13 Bankruptcy?" »
Posted on Sep 8, 2020 By Arnold Law Group, APC
Whether you file for Chapter 7 or Chapter 13 bankruptcy, the court or the Department of Justice’s (DOJ’s) U.S. Trustee Program will appoint a bankruptcy trustee to oversee your case, ...
Continue reading "What is a Bankruptcy Trustee?" »
Posted on Jul 20, 2020 By Arnold Law Group, APC
Unemployment has always been an issue for people, but in light of the coronavirus pandemic of 2020 (COVID-19), we have had a surge of unemployment since March of this year. Some industries were hit ...
Continue reading "Can I File Bankruptcy if I Recently Lost My Job?" »
Posted on Jun 8, 2020 By Arnold Law Group, APC
Before the coronavirus pandemic (COVID-19) of 2020, millions of Americans were already living paycheck to paycheck. In the middle of March, President Donald Trump declared a national emergency in an ...
Continue reading "Can Spousal Support Be Included in Chapter 7?" »
Posted on May 18, 2020 By Arnold Law Group, APC
Most people who come into our office want to build wealth but they have so much debt, it seems years away, if not out of reach. We’ll tell you right now that the fastest way to build wealth is ...
Continue reading "Rebuilding Your Financial Health After Bankruptcy!" »
Posted on Apr 20, 2020 By Arnold Law Group, APC
Are you one of the millions of Americans who were laid off because of the novel coronavirus (COVID-19)? Or, are you a small business owner whose business has been hit hard by COVID-19? If your answer ...
Continue reading "Laid Off Due to COVID-19? Bankruptcy Can Help" »
Posted on Mar 20, 2020 By Arnold Law Group, APC
If you’re considering filing Chapter 7 or Chapter 13 bankruptcy and you have an individual retirement account (IRA), you may be wondering if it would be protected or if the funds can be taken to ...
Continue reading "Are IRAs Protected in Bankruptcy?" »
Posted on Feb 17, 2020 By Arnold Law Group, APC
When you get a bankruptcy discharge, whether it’s for a Chapter 7 or Chapter 13 bankruptcy, you have a clean financial slate. After the bankruptcy, you may have sworn off credit cards forever, ...
Continue reading "Rebuilding Your Credit After Bankruptcy" »
Posted on Nov 20, 2019 By Arnold Law Group, APC
Now that we’re in the middle of the holiday season, we thought it would be timely to discuss holiday debt and whether it can be included in Chapter 7 bankruptcy. If you’re like a lot of ...
Continue reading "Can Holiday Debt Be Included in Chapter 7 Bankruptcy?" »
Posted on Jul 23, 2019 By Arnold Law Group, APC
Are you considering filing a Chapter 7 bankruptcy? If so, it’s important for you to know that not all debtors qualify for a Chapter 7. Why is this? Because Chapter 7 bankruptcy is reserved for ...
Continue reading "The Bankruptcy Means Test" »
Posted on Jun 24, 2019 By Arnold Law Group, APC
It’s no secret that countless marriages fall apart because of financial problems. Because of this, it’s not uncommon for a divorcing couple to be faced with the question, “Do we file ...
Continue reading "Which Comes First, Bankruptcy or Divorce?" »
Posted on May 22, 2019 By Arnold Law Group, APC
If you have fallen behind on child support, there is a strong possibility that other areas of your finances are hurting as well. Perhaps you lost your job, or your hours were cut. Perhaps you had to ...
Continue reading "Can Child Support Be Included in Bankruptcy?" »
Posted on Jun 7, 2018 By Arnold Law Group, APC
It’s understandable to be scared about filing for bankruptcy. However, despite rampant misinformation and unfortunate implications, your life circumstances really won’t change aside from ...
Continue reading "Life After Bankruptcy" »
Posted on May 30, 2018 By Arnold Law Group, APC
If you are married, struggling with debt, and are now faced with the prospect of filing for bankruptcy, you will have to decide whether you will file a joint or individual bankruptcy. Before ...
Continue reading "The Pros & Cons of Filing for Joint Bankruptcy" »
Posted on May 16, 2018 By Arnold Law Group, APC
While you are not required to have an attorney when filing for bankruptcy, not doing so is generally an unwise decision and can cause many problems to arise in court, costing you time and money, while ...
Continue reading "Why You Need an Attorney When Filing for Bankruptcy" »
Posted on Jul 28, 2015 By Arnold Law Group, APC
Chapter 7 bankruptcy is known as the "straight" or "liquidation" bankruptcy – it is designed to give debtors a fresh start by wiping out most types of debts. In return, the ...
Continue reading "Will All My Assets Be Lost in a Chapter 7 Bankruptcy?" »
Posted on Jun 8, 2015 By Arnold Law Group, APC
The struggle to find financial stability after particularly large expenditures or damaging losses can leave even the best of us feeling winded. Day after day of digging to try to get out of debt can ...
Continue reading "Signs of Bankruptcy In Your Own Life" »