Why More and More Seniors Are Filing for Bankruptcy

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The number of senior citizens who have filed for bankruptcy has risen dramatically. According to The New York Times, although the number of older Americans has increased about 500%, about 12% of those are now seniors. In 1991, seniors represented just 2.1% of filers, representing a nearly 10-fold increase in less than three decades. Why […]

7 Ways To Help Get Out Of Debt

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7 Ways To Help Get Out Of Debt Are you dealing with large amounts of debt and wondering how to get out of debt quickly? Getting out from under the weight of debt can feel like an impossible, completely overwhelming task. However, there is hope! With some creativity and hard work, you can get out […]

The Benefits of an Automatic Stay

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Let Our Bankruptcy Attorneys Serving Los Angeles Protect You Living your life under a looming cloud of debt you cannot repay is never easy, but filing for bankruptcy can be your saving grace. Whether it is chapter 7 or chapter 13 bankruptcy, these legal processes are designed for people who have hit a financial hardship […]

Bankruptcy Myths

Oaktree Law - Bankruptcy Defined: Los Angeles Bankruptcy Attorneys

Bankruptcy Myths Bankruptcy is a hard decision to make and many people worry about the long-term effects and negative reputation that may come with a bankruptcy filing. The social stigmas of bankruptcy have diminished as the economy has forced many people into situations they never thought they would be in. While bankruptcy may not be […]