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Orange County
Bankruptcy Law Blog
Many Americans Inaccurately Report Debt: Why?
Financial-related data periodically compiled and reported via a national survey contain a wealth of interesting — and, some might say, baffling — information, especially as relates to consumer-reported debt that is accumulated by individuals and families. The Federal Reserve’s Survey [...]
A Look At The Debt Collection Industry, Along With A Notable Tale
Well, here’s a tale that many of our readers in Orange County and elsewhere might have a bit of trouble believing initially. Here’s why: It’s about a couple of former debt collectors who came to the realization one day that [...]
Predatory Lending Practices An Outsized Problem In The Military
Just how big of a problem is predatory lending that specifically targets American military members and their families? Frankly, the scourge wrought by payday loans and other egregiously lender-friendly loan instruments is huge. President Obama put a spotlight on select [...]
Does An “Automatic Stay” Provide Complete Protection For A Debtor?
Like other debtors across the country, hard-challenged individuals and families residing in Orange County and elsewhere in Southern California who seek the lawful protections afforded by bankruptcy often invoke those safeguards because they are besieged by multiple creditors. It is [...]
Despite High Assets, 50 Cent Files For Chapter 11
Being in control of high assets does not necessarily preclude the need for bankruptcy protection. If the sum of your debts matches the sum of your assets, then you may need to look into whether you qualify for Chapter 7, [...]
What Are My Alternatives To Bankruptcy?
You may already know that, once you file for bankruptcy — whether it’s Chapter 7, Chapter 13 or Chapter 11 — an automatic stay is placed on creditor actions while you address your debt problems. That kind of protection is [...]