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Bankruptcy Law Blog
7 Benefits Of Filing For Chapter 7 Bankruptcy
The idea of filing for bankruptcy often garners a lot of apprehension and fear. Among the questions that may go through your head are: Am I failure? Will I lose everything? What will my future look like? While these concerns [...]
Major Lenders Address Zombie Debts
We frequently write about how filing for bankruptcy can allow Americans to regain their financial footings. Unfortunately, some bankruptcy filers remain burdened by something commonly referred to as zombie debt. If you were to file for bankruptcy, the debts that [...]
Considering The Concept Of Strategic Debt
Two diametrically opposed schools of thought exist in regards to debt. One school of thought believes that debt can be beneficial when used strategically. The other insists that debt is dangerous and should be avoided. Certainly, many other financial approaches [...]
If You Have Investment Properties, Which Chapter Should You File?
At the Law Office of Christopher P. Walker, P.C., we work with many clients in the Anaheim area who have investment properties. Investment properties can bring in a substantial amount of supplemental income, so naturally many people who are considering bankruptcy [...]
Can Businesses Sell Customer Data To Pay Off Creditors?
When businesses file for bankruptcy, they may often be compelled to sell certain assets in order to pay off existing creditors. This kind of financial reorganization can help businesses to remain competitive and it can aid others in protecting [...]
Is Your Mortgage Causing Your Finances To Spin Out Of Control?
The respected publication TIME magazine recently published a piece profiling a couple who found themselves in a surprising amount of debt over a short period of time. According to the piece, the couple had no debt when they were first [...]