Category Archives: Chapter 13

Sacramento Bankruptcy Attorneys Love the Options of Chapter 13 Bankruptcy

As a Sacramento bankruptcy lawyer I am often asked about the various types of bankruptcy and which type I feel is “best”. The fact is that whichever type ends up meeting my client’s needs is the “best”, but in a general sort of way I would say that Chapter 13 has more benefits than Chapter…

All Riverside Bankruptcy Attorneys Know that There is No ‘Type” of Person Who Files for Bankruptcy

As a Riverside bankruptcy attorney part of my job is educating the public on what bankruptcy is, as well as, what it isn’t. And it isn’t a haven for slackers, bums, and other negative stereotypes that have been perpetuated by the media. If you listened to certain news networks you might actually believe that there…

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

Home Loan Modification or Chapter 13, one Riverside Bankruptcy Attorney’s Opinion

Many of the bankruptcy lawyers in Riverside County work with loan modification companies or will provide modification advocacy services because there is a client demand for modification assistance. I tend to sit the fence on the issue. I’ve said previously that I don’t believe in pressuring clients to do anything they don’t want to do,…

No More Boogie Nights at Burt’s

Yesterday, I was watching the news and noticed that once again Burt Reynolds is making headlines for his finances.  In the 1980s Mr. Reynolds had to declare bankruptcy.  He cited his divorce from Lonnie Anderson, lack of movie roles, and bad investments on his part as reasons for filing bankruptcy.  Many people could choose to…