Can Any and All Debts Be Dischargeable in a Bankruptcy Case?

man contemplating bankruptcy

When debts are discharged in a bankruptcy case, the debtor is freed of any legal obligation to pay them. Creditors can no longer take any collection action, communicate with the debtor, or pursue legal action. Your Los Angeles bankruptcy attorney will inform you of which debts are dischargeable. Whether your debt is dischargeable depends on […]

What Is an Automatic Stay?

Lawyer giving consultation to client

An automatic stay is a simple one-page document. Once you file for bankruptcy, your Los Angeles bankruptcy attorney sends this document to creditors, notifying them of your situation. It legally prohibits them from taking various actions. Although creditors can motion to remove or modify an automatic stay, violating it can lead to sanctions by the […]

How Can I Stop Foreclosure?

foreclosure legal notice

If you’ve fallen behind on mortgage payments and have received a Notice of Default (NOD) from your lender, foreclosure is still not inevitable. There are several ways a Los Angeles foreclosure attorney can help you delay or stop further action. Sometimes, the lender will be open to a deal, since it’s usually better for them […]

Why Should I Hire an Attorney for Business Litigation?

Lawyer with Gavel on Table

You may be successful in business, but handling a legal issue requires extensive training and expertise. Business litigation hearings can be difficult to navigate, especially if your legal knowledge is limited. There are many rules and loopholes to consider. Legal issues aren’t uncommon even if you run your business faithfully; here are reasons to hire […]

How to File Bankruptcy?

bankruptcy form and coffee on table

If you’re facing an overwhelming amount of debt, bankruptcy provides a legal solution to your problems. It’s essentially a way to start over. Depending on the type of bankruptcy you file, you your debts may be discharged (meaning your legal obligation to pay them is eliminated) or an affordable three- to five-year payment plan can […]

Does Filing for Bankruptcy Affect My Retirement?

couples retirement planning with consultant

The Employment Retirement Income Security Act of 1974 (ERISA) protects qualifying private company pensions. In 2005, Congress overhauled bankruptcy laws so that now almost all ERISA-qualified retirement accounts and pension funds cannot be accessed by creditors. However, there are exceptions, and state exemptions may apply to your property, so it’s important to consult a Los […]

Will Filing for Bankruptcy Affect My Job?

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Federal law prohibits any employer from firing someone because they filed for bankruptcy. Under Section 525 of the bankruptcy code, termination, discrimination, or denial of employment due to bankruptcy is forbidden. This includes both government and private employers. However, as any Los Angeles bankruptcy attorney knows, an employer can fire you for lying, breaking workplace […]

Common Foreclosure Scams to Avoid

notice of foreclosure form with keys

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. […]

What To Do About Tax Debt

couple going about paperwork with legal consultant

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 […]