Category Archives: Bankruptcy Alternative’s

Ask a Riverside Bankruptcy Attorney: What is Chapter 11?

Written on September 15, 2011 by Bankruptcy Expert in Bankruptcy Alternative's, Bankruptcy Experiences, Bankruptcy Hearing, Bankruptcy Law, Bankruptcy Mistakes To Avoid, Bankruptcy Options, Chapter 13, Chapter 7, Credit Card Debt, Eliminate Debt, Myths About Bankruptcy, Recent Articles, Riverside Bankruptcy Attorney, Tips About Bankruptcy, What To Do After Filing Bankruptcy

Riverside bankruptcy attorneys currently perform many Chapter 11 filings due to the economy.  We receive several inquiries per week about what are the qualifications for Chapter 11.  In short, when a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for…

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Ask a Riverside Bankruptcy Attorney: How Badly Will Chapter 13 Hurt My Credit?

Written on September 6, 2011 by Bankruptcy Expert in Automatic Stay, Bankruptcy Alternative's, Bankruptcy Experiences, Bankruptcy Hearing, Bankruptcy Law, Bankruptcy Mistakes To Avoid, Bankruptcy Options, Bankruptcy Stories, Chapter 13, Chapter 7, Civil Procedure 703, Civil Procedure 704, Credit Card Debt, Creditor Harassment, Debt Re-Affirmation, Eliminate Debt, Financial Health, Myths About Bankruptcy, Rebuilding Credit, Riverside Bankruptcy Attorney, Tips About Bankruptcy, Uncategorized, What To Do After Filing Bankruptcy

This is a question that we Riverside bankruptcy attorneys get quite often: how will filing for bankruptcy affect the ability for someone to get credit in the future?  While I certainly don’t want to seem like I’m minimizing what people are going through, if you are in a position where you need to file for…

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What Sacramento Bankruptcy Attorneys Can Tell You about Civil Lawsuits and Bankruptcy

Written on September 6, 2011 by Bankruptcy Expert in Bankruptcy Alternative's, Bankruptcy Experiences, Bankruptcy Hearing, Bankruptcy Law, Bankruptcy Mistakes To Avoid, Bankruptcy Options, Bankruptcy Stories, Chapter 13, Chapter 7, Civil Procedure 703, Civil Procedure 704, Credit Card Debt, Creditor Harassment, Debt Re-Affirmation, Eliminate Debt, Financial Health, Foreclosure, Myths About Bankruptcy, Rebuilding Credit, Recent Articles, Sacramento Bankruptcy Attorney, Tips About Bankruptcy, What To Do After Filing Bankruptcy

This Sacramento bankruptcy attorneycan tell you a great deal about how bankruptcy can prevent civil lawsuits, judgments, and liens. When you filed for bankruptcy (Chapter 7, Chapter 11, or Chapter 13), the courts issue what is called an “automatic stay”.  This prohibits creditors from either filing lawsuits against you or continuing lawsuits that they may…

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Riverside Bankruptcy Attorneys Work to Get You the Fresh Start You Deserve

Written on September 1, 2011 by Bankruptcy Expert in Bankruptcy Alternative's, Bankruptcy Experiences, Bankruptcy Law, Bankruptcy Options, Chapter 13, Chapter 7, Civil Procedure 703, Civil Procedure 704, Credit Card Debt, Creditor Harassment, Debt Re-Affirmation, Eliminate Debt, Financial Health, Myths About Bankruptcy, Rebuilding Credit, Recent Articles, Riverside Bankruptcy Attorney, Tips About Bankruptcy, What To Do After Filing Bankruptcy

Riverside bankruptcy attorneys are not on the fast track to wealth and riches. If we were out to become fabulously wealthy we would probably go into a practice area like corporate law or even criminal defense. Defending White Collar crimes can be very lucrative, after all. No, most of us go into this practice area…

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A Sacramento Bankruptcy Attorney’s Explanation of the Differences between Chapter 7 and Chapter 11 Bankruptcy

Written on August 29, 2011 by Bankruptcy Expert in Automatic Stay, Bankruptcy Alternative's, Bankruptcy Experiences, Bankruptcy Hearing, Bankruptcy Law, Bankruptcy Mistakes To Avoid, Bankruptcy Options, Bankruptcy Stories, Chapter 13, Chapter 13, Chapter 7, Chapter 7, Civil Procedure 703, Civil Procedure 704, Credit Card Debt, Creditor Harassment, Debt Re-Affirmation, Eliminate Debt, Financial Health, Foreclosure, Myths About Bankruptcy, Rebuilding Credit, Recent Articles, Sacramento Bankruptcy Attorney, Tips About Bankruptcy, What To Do After Filing Bankruptcy

A question asked of many bankruptcy attorneys in Sacramento by business owners is that of which chapter of bankruptcy is preferable for their particular financial situation. Chapter 7 is typically used by companies that are so far in debt that even a reorganization could not assist in recovery—or someone who has stopped caring about a…

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