Discharging student loans in a personal bankruptcy case can be difficult. The debtor must establish an “undue hardship,” which is a tough standard to meet. If you are unable to show an undue hardship, what happens to your student loans in your bankruptcy case? The answer depends on your finances, the type of bankruptcy you filed and […]
You are probably aware that a Chapter 7 or Chapter 13 bankruptcy can provide you debt relief, but do you know when you should file your case? There is no magic trick for finding the perfect time to file your case, but there are certain instances where you should consider meeting with an attorney. When Is […]
SpaceX is facing a lawsuit by two former employees alleging it violated labor laws when the company terminated them and others. The rocket manufacturer is accused of “mass layoffs” that included 200 to 400 employees without providing the 60-day notice as required by state law. The plaintiffs are seeking damages that include back-pay plus interest, […]
Many homeowners that contact us for help with their foreclosure action do not understand how or when a deficiency judgment applies to them. If you are “underwater” on your home and considering a short sale, offering a deed in lieu of foreclosure or defending a foreclosure action, it is imperative that you understand how deficiency judgments work […]
If you are thinking about filing a Chapter 7 or Chapter 13, you may be wondering who will find out about your filing. While a bankruptcy case is a matter of public record, the reality is that most people will never know you filed a bankruptcy unless you tell them. Your filing is not published in […]
Amendments to the Bankruptcy Code were made in 2005 and one of the most significant additions to the law was the requirement of a debtor to pass the “means test” to be eligible to file a Chapter 7 bankruptcy. The means test is a calculation used by the bankruptcy courts to verify that a debtor is […]
Pursuant to 11 U.S.C. §341, whether you file a Chapter 7, 11 or 13 bankruptcy case, you are required to attend a meeting of creditors. The meeting of creditors is a time for the trustee and your creditors to ask you questions regarding your finances. It is also commonly called the “341 meeting” and it is […]
Musk has been making some big announcements lately –from the release of Tesla’s electric car model predicted to occur by 2017 to SpaceX going to work for the United States Air Force. SpaceX SpaceX has confirmed that the U.S. Air Force has certified that SpaceX’s Falcon 9 rocket has completed three successful flights that met […]
If you are struggling financially and considering filing for bankruptcy protection, you may be trying to decide if you really need an attorney. What is “pro se” filing? Many people assume they will save a significant amount of money if they do not use a lawyer to represent them in their bankruptcy case. This is […]
When hard times hit and you are unable to pay your bills, it doesn’t take long for creditors to start pursuing you for payment. After a few demand letters and telephone calls, many creditors file collection lawsuits. We understand that this can feel overwhelming and we want to help. Depending on your individual financial situation, […]
