Various federal, state, and local agencies have offered financial relief during the COVID-19 global pandemic. For example, New York announced it would cease collection of state-owned medical and student debt for 30 days. In California, there’s now a 90-day grace period for mortgage payments and a moratorium on initiating foreclosure sales or evictions. But for […]
Supreme Court Clarifies Finality in Bankruptcy Proceedings
The issue of finality has been open to interpretation in bankruptcy cases. This means that what constitutes a final order in the context of a bankruptcy can be seen in different ways. This is important in knowing whether you can appeal a court ruling. The Supreme Court of the United States recently made an important […]
Bankruptcy vs Debt Settlement – Which is Worse For Your Credit?
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Tips for Credit Repair for Bad Credit
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 […]
The 3 Major Benefits of Bankruptcy
Bankruptcy is quite often misunderstood. It has been stigmatized yet can provide a positive solution for someone in a difficult financial situation. There are many bankruptcy options out there, which a firm such as Oaktree Law can help you choose and file for without risking property loss or a backlash from your creditors. Having large […]