Increased Protection for Your Car in Bankruptcy. Changes that went into effect at the beginning of 2023 increase the vehicle exemption amount available in California. Both Section 703.140 and Section 704.010 were amended to increase the exemptions available for motor vehicles. The amount available for vehicles was increased to $7500 under both sections. Changes to […]
New Guidelines Make It Easier To Discharge Student Loan Debt in Bankruptcy
Discharging Student Loans Just Got Easier The Biden Administration recently announced new guidance for the Department of Justice for handling Federal Student Loans in Bankruptcy. This guidance will likely make it easier for Debtors in bankruptcy to discharge federal student loans. Prior to this guidance being issued the guidelines for meeting the requirements to discharge […]
How Can a Creditor Levy Your Bank Account in California
It’s true: once a creditor gets a judgment against you it can take money out or your bank, credit union, or other financial institution account to pay that judgment. This blog post gets into what exactly a judgment creditor can do to levy your accounts, and what you can do to stop it. HOW CAN […]
California’s Homestead Exemption- Are You Required to Reside in the Home?
The California Homestead Exemption’s Requirements of Residing in the Home and Intending to Continue Doing So The California homestead exemption amount’s huge increase at the beginning of 2021 has made it all the more important to understand when the exemption does apply to a home and when it does not. A number of practical issues […]
New Huge Increase in California Homestead Exemption
Huge Increase in California Homestead Exemption The homestead exemption protects a specific dollar amount of a homeowner’s home equity from his or her creditors. In California, the California homestead exemption amount of protection is substantially increasing as of January 1, 2021. This increase in protection makes it much more likely that homeowners in financial difficulty […]
Does Filing Bankruptcy Stop a Rental Eviction?
Filing for bankruptcy can slow down or stop an eviction process. It is important that you file bankruptcy prior to a judgment for eviction being entered.
Family Court Exceptions to the Automatic Stay
How does the automatic stay affect child support, alimony and divorce? The automatic stay can protect you from collection of past due child support in a Chapter 13.
Debts That Are Not Discharged in Bankruptcy
Certain categories of debt are never discharged in bankruptcy. Whether certain debts like taxes, student loans or fines are discharged depends on meeting specific requirements.
Are Student Loans Non-Consumer Debts Allowing a Chapter 7 Case?
Are student loans consumer debt or non-consumer debt? How they are treated in bankruptcy can affect your ability to qualify for a Chapter 7 bankruptcy.
Does California State Court Judgment on a Debt Make It Non-Dischargeable in Bankruptcy?
A judgment entered against you in California state court may make it difficult to discharge the debt in bankruptcy under certain circumstances.
Does a California State Court Judgment on a Debt Make that Debt Not Dischargeable in Bankruptcy?
A judgment entered against you in California state court may make it difficult to discharge the debt in bankruptcy under certain circumstances.
Protect California Contractor License by Filing Bankruptcy
Filing for bankruptcy protection can help you reinstate or stop the suspension of your California contractor’s license.