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Orange County
Bankruptcy Law Blog
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 [...]
How Long Does Probate Usually Take in California?
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?
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 [...]
Is It Really Worth It to File for Chapter 13 Bankruptcy?
The word “bankruptcy” tends to carry negative connotations for many Americans, as the term signifies severe financial hardship. The reality is that bankruptcy filing can provide valuable relief from debt collection and allow some debtors to avoid foreclosure and asset [...]