Homeowners often don’t know what to do about foreclosure when they lose their job or face unanticipated hardship. If things aren’t bad enough, a fraudulent foreclosure-related company can get word of your situation (foreclosure filings can be found in public records). Predatory “foreclosure consultants” or “foreclosure specialists” are out there looking for people like you. […]
Depending on your financial situation, making monthly payments on a second mortgage can be stressful. There are several ways to relieve some of your debt and free up some cash. If your second mortgage debt is an issue, your options include to: Pay more than the required monthly payment, especially if it has a higher […]
The Internal Revenue Service is a powerful creditor and owing money to the IRS can have consequences such as seized assets, garnished wages, and liens on property. However, there are various ways to deal with the situation, from communicating directly with the agency to receiving tax debt help from a legal professional. Here are several […]
Litigation can be distracting not to mention time consuming and expensive for your business. A legal dispute, no matter what the outcome, can damage its reputation and affect employee morale. There are many downsides to suing and being sued, to say the least. While your Los Angeles litigation attorney may be experienced and dependable, avoiding […]
The death of a spouse is an exceptional emotional burden. It can also be a financial one. While many things go away upon their loss, debt is not one of them. In a community property state such as California, husbands and wives are responsible for their spouse’s debt, even after they die. A Los Angeles […]
Yes; there aren’t any limits as to how many bankruptcy filings you can have. But if you’ve filed for bankruptcy in the past, there are rules governing when and how you can proceed with a second bankruptcy and so on. That’s why it’s crucial to have a Los Angeles bankruptcy attorney review your financial situation […]
OakTree Law provides various services for people with high amounts of debt. But do you know how to fix your credit without declaring bankruptcy or taking other extreme measures? No professional skill is needed to begin credit repair. First, obtain a credit report directly from a credit bureau, such as Experian, Equifax, or TransUnion, for […]
When you file for Chapter 7 bankruptcy, there is a system that determines the property you get to keep and that which will be sold to pay your debts. You may get to keep your home, car, and other valuable personal assets during and after the bankruptcy process. Nonexempt property will be sold by the […]
Buying a home might be less difficult than it used to be, but paying for one still comes with challenges. If you lose your job or face an emergency, missing mortgage payments can have serious consequences. Your lender then has the right to repossess your home through foreclosure, a complex legal process; if the sale […]
Whether you’re filing Chapter 7, Chapter 13, or other form of bankruptcy, you need a bankruptcy attorney for help navigating the complex process. Bankruptcy can free you of debt or provide a more practical way to improve your financial situation. A bankruptcy case can be challenging; just filling out the right forms can be stressful, […]
