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Bankruptcy Law Blog

What Is the Main Purpose of a Living Trust?

August 5th, 2022|

A living trust is a commonly pursued legal document that can hold your most valuable assets while you are alive and set up a plan to distribute them to your beneficiaries after you die. For many people, this has served [...]

What Are The 4 Main Causes of Bankruptcy?

June 28th, 2022|

When someone decides to apply for bankruptcy, it is usually because they have been struggling to keep up with their financial obligations for a while. They have finally reached a point where they can no longer see a way out. [...]

What Happens If I Declare Bankruptcy?

June 27th, 2022|

The act of bankruptcy is a legal process that allows individuals or businesses to have some or all of their debts discharged. This can provide much-needed relief for those struggling to make ends meet. It is often a solution used [...]

What Are the 5 Components of Estate Planning?

May 15th, 2022|

When some people think about what they want to leave to their loved ones after they are gone, they believe that preparing a will is the only step they must take, and most shy away from the idea of “estate [...]

How Long Does Probate Usually Take in California?

May 14th, 2022|

In some cases, the probate process in California can take as little as nine months, but that is rare. It typically takes anywhere from half a year to eighteen months, and complicated cases may take as long as two years [...]

What Is the Difference Between Chapter 11 and Chapter 7?

June 14th, 2021|

What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy? Filing for bankruptcy is an important decision that can help you avoid your creditors’ collection activities and regain control over your finances. However, it is a serious and complex [...]

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