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Personal Bankruptcy: What Debts Can Be Discharged?

Personal Bankruptcy: What Debts Can Be Discharged?

Filing personal bankruptcy may seem frightening, but in many cases it is the best thing you could possibly do for your financial future. It can get you back on your feet and moving towards financial freedom. If you are facing overwhelming debt and considering bankruptcy as a...
Why Bankruptcy Is No Longer a Dirty Word

Why Bankruptcy Is No Longer a Dirty Word

In times gone by, the word “bankruptcy” may have been whispered secretively, if it was spoken at all, and not in polite company. There was a stigma attached to the word, and connotations of shame, irresponsibility, and defeat associated with it. Times have definitely changed, and...
Debt Settlement in Pasadena. What Are Your Options?

Debt Settlement in Pasadena. What Are Your Options?

Are you swimming in debt and can’t get ahead, no matter how hard you try? Are you forced to pay bills and charge essential items on credit cards, thereby adding to the interest you’re paying and steadily increasing your monthly “nut”? If you find yourself in this predicament, you...
Bankruptcy Law: A Guide to Chapter 7, 11 and 13

Bankruptcy Law: A Guide to Chapter 7, 11 and 13

Bankruptcy is a legal process designed to give individuals, small business owners and large corporate entities relief from crushing debt. Debtors are allowed to retain most of their assets so long as they are statutorily exempt from seizure by the bankruptcy trustee to distribute...
Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Los Angeles Based American Apparel Files for Bankruptcy: October On October 5, 2015, American Apparel filed for Chapter 11 bankruptcy in Delaware, capping a 25 year run from wholesaler to controversial retailer of young American fashion. Whether American Apparel emerges from...
Debt Settlement Los Angeles: Settling and Consolidating Your Los Angeles Debts

Debt Settlement Los Angeles: Settling and Consolidating Your Los Angeles Debts

Owning and operating a business in Los Angeles is not easy. In addition to all of the licensing, tax, and legal obstacles which must be overcome, small business owners face multiple challenges in keep a business alive and flourishing. One of the most difficult aspects of running...
Debt Settlement Los Angeles: The Difference Between Debt Settlement and Bankruptcy

Debt Settlement Los Angeles: The Difference Between Debt Settlement and Bankruptcy

As a business owner, it is extremely discouraging to be on the brink of financial ruin. After all of the hard work, time, money and resources you have invested in your business, this can’t be the end, can it? Fortunately, it doesn’t have to be. Countless L.A. business owners have...
Pasadena Bankruptcy Law: Deadlines to be Aware of When Filing for Chapter 7 Bankruptcy

Pasadena Bankruptcy Law: Deadlines to be Aware of When Filing for Chapter 7 Bankruptcy

Chapter 7 bankruptcy is a debt liquidation process where individuals, corporations or other business entities who have overwhelming debt seek relief from creditor claims while retaining assets or property that are exempt from seizure. You do have to qualify for Chapter 7 relief...
Debt Settlement Los Angeles: 5 Signs Your Spending is Out of Control

Debt Settlement Los Angeles: 5 Signs Your Spending is Out of Control

For many of us it seems like there is never enough money. You may even budget and make some attempt to stick to it but it often turns out to not be of much help. If this is your situation, it may be a sign that your spending habits need to be examined and refined. If you like to...
How to Delay Debt Payments When You File for Chapter 11 Bankruptcy

How to Delay Debt Payments When You File for Chapter 11 Bankruptcy

Individuals who start companies with little business experience often find themselves overextended or with poorly negotiated contracts that leave them reeling in debt. Managing debt, following proper accounting principles, and collecting on accounts are vital to keeping any...
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