If you are looking for an affordable bankruptcy lawyer in Southern California, you’ve come to the right place. The consumer bankruptcy attorneys at The Law Offices of Brad Weil are certified specialists with the State Bar of California. We work...
In Chapter 7 and Chapter 13 bankruptcy your bankruptcy estate is governed by a court-appointed trustee. You, the debtor, have no control over who your trustee will be, however, you do have a legal duty to cooperate with the trustee if you wish to...
Upon the filing of the bankruptcy, a bankruptcy estate is created. This means that you, the debtor, do not own anything anymore rather your bankruptcy estate now owns everything that you owned. The bankruptcy estate is its own separate legal entity....
The point of bankruptcy is to discharge. A discharge is a legal defense to paying back a debt which basically means that you do not owe the debt. The automatic stay that arises upon the filing of the bankruptcy acts like a preliminary injunction to...
The filing of a bankruptcy stops all collection activity against you and your property. It automatically stops all lawsuits, foreclosures, repossessions, bank levy’s, wage garnishments, creditor harassment such as collection letters and phone...
One reason that people get into trouble with debt is the exorbitant interest rate found on, for example, some credit cards. If the interest rate on the only credit card someone can qualify for is 20 or 30 percent, it’s easy to end up making...
In general, Trustees have different duties in Chapter 7 vs. Chapter 13 bankruptcy cases. Before we get to those differences, though, let’s cover some basics about Trustees. Bankruptcy trustees are almost always appointed in consumer bankruptcy...
Tips and Tactics From The Leading Los Angeles-area Bankruptcy Attorney People have many legitimate reasons to find themselves struggling with debt. When that occurs, it’s natural to start thinking of every type of solution to the problem. One...
When you borrow money to buy a house or car, that property generally serves as collateral for the debt you owe. That is, you don’t truly own the property until you pay off the debt, and if you stop paying on the loan then more than likely a...
Filing for Chapter 13 bankruptcy is a serious matter. That’s why California has established a formal document — the Rights and Responsibilities Agreement (RARA) — that outlines both your attorney’s rights and responsibilities...