How do you ignore a lawsuit and expect a good outcome?
Yet twice in the past few months, individuals have come to me with judgments already entered against them. That’s not noteworthy; after all, I’m a bankruptcy lawyer. We deal
The Bankruptcy Soap Box, published by Moran Law Group, focuses on bankruptcy law with an emphasis on practical issues faced by debtors, particularly in the San Francisco Bay Area. Topics include the application and impact of the bankruptcy means test, strategies for using Chapter 13 bankruptcy to save homes from foreclosure, and how bankruptcy can facilitate debt settlement. The blog also discusses alternatives to bankruptcy, financial planning around debt and holidays, and considerations for deciding when to file. It addresses the interaction of bankruptcy law with real-world financial challenges such as housing costs, creditor disputes, and long-term financial recovery.
Bankruptcy exemptions vary from state to state, but everyone gets an exemption of ~$1.75 M for money in an IRA. It’s part of the Bankruptcy Code (section 522(n)) that applies to all filers, wherever they live.
The exemption…
The famous poem begins, “how do I love thee? let me count the ways”.
But what if it’s not love that we are counting, but loathing?
Let me count the ways I loathe the Motley Fool’s article asking should I…
Every campaign needs a logo.
Make the logo of your retirement planning a turtle, rampant.
Rampant, you say? Turtle?
In the Middle Ages, knights put their ID’s on their shields in elaborate heraldry that told bystanders who he was, what his…
California, it turns out, is a great place to retire.
Not because of the cost of living, certainly. It’s great in spite of the cost of living.
Because California exemptions are very generous to those of retirement age.
Those exemptions effectively…
After bankruptcy, credit scores go steadily up, says a 17 year study released by the Consumer Financial Protection Bureau.
Got that? Scores go UP. Every year.
Importantly, credit scores start improving the same year that the bankruptcy is filed.
Think…