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The Difference Between Unsecured and Secured Debt

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When you find you’re short on cash, there are different options for borrowing money. There are two types of debt you can consider for purchases. The differences between them can help you make decisions on how to pay off debts, protect your assets, and even plan important purchases. These two major types include unsecured debt […]

Ways to Avoid Timeshare Foreclosures

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Mortgage payments, maintenance fees, and assessments can add up if you own a timeshare. Not meeting your financial obligations can put you at risk of foreclosure. You could then lose the property, impose hardship on other owners, and disservice guests and those who you rent the property out to. It can also subject you to […]

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 […]

How to Stay Out of Debt This Upcoming Holiday Season

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Going deep into debt is one of the leading reasons people file for bankruptcy. Although the spending pressures of the holiday season are just beginning, you can stay out of debt by treading carefully. You may not need a Los Angeles bankruptcy attorney if you resist the temptation to overspend. Despite all the deals retailers […]

Assets You Should Not Transfer Prior To Bankruptcy

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If your financial situation warrants bankruptcy, you may be considering moving assets to protect them. However, your Los Angeles bankruptcy attorney may suggest otherwise. Filing for bankruptcy is complicated. It is designed to protect you as well as your creditors. As such, there are certain assets you don’t want to transfer, as doing so may […]

How to Handle Medical Debt

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Medical debt is the leading cause of bankruptcy, even for people who have health insurance, according to the American Journal of Medicine. Health care costs have soared. A single medical crisis or hospital stay can send you running for debt relief. The medical billing system is complex, but there are ways to handle medical debt […]

How A Personal Injury Attorney Can Help

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OakTree Law is known for personal injury, bankruptcy legal services, and its aggressive stance against negligent parties and insurance companies. Automobile accidents, work-related injuries, and medical errors affect tens of thousands of people in the United States every year. A Los Angeles personal injury attorney can assess your case and fight for maximum compensation. However, […]