Blog

July 16, 2021

When you think of the word “bankruptcy,” what do you imagine? Do you think about people who are struggling and who then lose everything? Do you imagine a future where you don’t have bills and can actually relax? Bankruptcy means different things to people based on their experiences, but you should know that bankruptcy is, if used correctly, largely something positive. It can help you get out of debt and stop creditor harassment. It can sometimes prevent foreclosures or vehicle repossessions, too.

April 20, 2021

In today’s society and culture, we have materialistic expectations for ourselves and others. This can often be toxic — we may, for example, feel that we need to own certain brands of technology, clothing and cars so that we can send a message to others of our status. This can lead many people to spend more than they earn just so that they can own things that they mistakenly believe that they need.

Jan. 25, 2021

Many people struggle with tax debts. Whether it’s because they had to use their savings toward necessities or because they underpaid and received a surprise bill from the Internal Revenue Service, those debts may feel overwhelming.

Oct. 26, 2020

Many people who file for bankruptcy only need to do so once to get their finances back on track. Yet, after your case’s discharge, you might have experienced personal difficulties that have continued to affect your financial health. Or, your previous bankruptcy might have only taken care of some of your debt, and it has kept accumulating since. Filing bankruptcy more than once may seem unappealing, but it is possible and could provide you the relief you need.

Oct. 21, 2020

Many people across the country find themselves struggling financially at one time or another. Whether it’s an expensive medical bill or falling behind on your credit card payments, debt is not uncommon and asking for help is nothing to be ashamed of.

Oct. 19, 2020

If you owe more than you own, there is a chance consumer bankruptcy could be of assistance. According to an estimate from the Federal Reserve Bank of New York, this represents around 14% of all U.S. households. Yet fewer than 1% of American households file for bankruptcy each year. Why are there so few, comparatively?

Oct. 15, 2020

Before the recession hit, many college graduates had difficulty managing their student loan debt. Now that the job market has become more turbulent, some recent – and not-so-recent – graduates have no way of repaying this debt in the foreseeable future. If you are among these people, you may wonder whether filing bankruptcy will eliminate it. So long as repaying your student loan debt would cause you undue hardship, you might be able to discharge it during proceedings.

Oct. 14, 2020

When your debt becomes overwhelming and unbearable you might start thinking about filing for bankruptcy. But there are so many myths surrounding this process you might be intimidated or afraid of the process. Bankruptcy is designed to help people recover from their debts and start fresh and there are many benefits people find from filing.

Dec. 24, 2019

The year 2020 is not just the start of a new year. It kicks off a whole new decade as well. That makes it doubly perfect for saying good-bye to your debt-incurring ways and dumping the debts that have dogged you for so long.

Sept. 25, 2019

Maybe you are having a run of bad luck, but suddenly you find yourself on the threshold of filing for both bankruptcy and divorce. Taken alone, either situation can be daunting, but together, they can be crippling to many La Mesa residents.