Chapter 13

Why to change your bank account before filing

Submitted by crg on Tue, 10/26/2010 - 4:26pm

You have probably already heard that you cannot pick and choose whom you include in your bankruptcy case. Everybody is included. That includes creditors that you like, and sometimes people that you do not often think about as creditors like your bank.

Carl Gustafson's blog

7 Reasons Every Mortgage Modification Success should consider Chapter 13 Bankruptcy

Submitted by crg on Thu, 05/13/2010 - 12:34pm

In my office I increasingly see clients come in for consultations after having completed a mortgage modification. I wish that I saw it much more frequently.

Carl Gustafson's blog

The Truth about Bankruptcy and your Second Mortgage

Submitted by crg on Thu, 05/13/2010 - 12:24pm

One of the most exciting areas of bankruptcy law is the ability to discharge or remove a second mortgage. For years the ability to remove a second mortgage was largely irrelevant as property values rose year after year. Now the power of the bankruptcy court has become one of the most powerful consumer protection laws on the books. It is important for every home-owner to know his right to adjust his home mortgage through the bankruptcy law.

How can bankruptcy help discharge my debts?

Carl Gustafson's blog

7 Reasons Every Mortgage Modification Success Should Consider Bankruptcy

Five Steps To Help Avoid Bankruptcy

According to a 2008 survey by the American Payroll Association, 71 percent of American workers are living paycheck to paycheck. If you are one of the many who live paycheck to paycheck, or if you have fallen behind, here are some tips that can help you get back on track:

Chapter 13 bankruptcy can save your life

What is Ch 13.

Why you should file

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Eliminate Your Medical Debt

Unexpected debts from medical bills can happen to anyone.

Medical Bills Debt in Northern California

If you are struggling with medical bills, you are not alone. In fact, the average out-of-pocket medical costs for all medically bankrupt families was $17,943 (American Journal of Medicine, 2009).

Eliminate Your Credit Card Debt

Credit card debt can happen to anyone.

Credit Card Debt in Northern California

If you are struggling with credit card debt, you are not alone. In fact, the average American household has $8,329 in credit card debt (Nilson Report, April 2009). With the unemployment rate at 9.5%, many Americans are using their credit cards to help make ends meet.

The Benefits of Bankruptcy

After the current bankruptcy law went into effect in 2005, many people were left with the impression that bankruptcy relief was no longer available or too difficult to obtain. Nothing could be further from the truth.

The Myths of Bankruptcy

Like most formidable situations, bankruptcy has earned its reputation based on very few truthful facts and too many false embellishments. The majority of the myths about bankruptcy have begun since the current bankruptcy laws went into effect in 2005. But have no fear, once you know the facts, filing for bankruptcy is not nearly as terrifying as it first appears. Here are some of the most common myths about bankruptcy and what you need to know before you clean your slate.

Myth #1: It is difficult to file for bankruptcy.