Bankruptcy Law Blog
How Much Does an Estate Have to be Worth to Go to Probate in California?
After an individual passes away, their assets and property may enter a legal process called probate. This process is court-supervised and will determine how a person’s assets will be distributed after their death. However, not all estates need to go [...]
How Do You Qualify for Debt Relief?
In today’s economy, it can be easy to quickly accumulate debt. Unfortunately, sometimes that debt can pile up to the point where it feels like there is no way out. If you’re dealing with an overwhelming amount of debt in [...]
What Is the Main Purpose of a Living Trust?
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?
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?
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?
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 [...]