Yearly Archives: 2021
Can Bankruptcy Lawyers Help Me with a Debt Settlement?
You’re drowning in debt and wondering what you can do to get back on your feet. You’ve seen commercials and mailers offering debt settlement services from companies, but have you ever considered reaching out to a bankruptcy lawyer? Your first question might be, “Can bankruptcy lawyers help me with a debt settlement?” And the… Read More »
Is It Better to File for Bankruptcy Before Getting Married?
If you’ve recently decided to tie the knot, the last thing you may want to think about is money problems and piles of bills. However, it is vital for couples to discuss financial struggles before getting married, especially if one of them is dealing with overwhelming debt. Bankruptcy can allow you to eliminate all or… Read More »
What Should You Not Do Before Filing Bankruptcy
When dealing with overwhelming debt, it is tempting to do whatever it takes to finally get rid of financial problems. However, what many people don’t know is that what you do before filing for bankruptcy could significantly impact your approval rate. Our Los Angeles bankruptcy attorneys explain what you shouldn’t do before filing for… Read More »
How Many Years Do You Have to Wait Before Filing Bankruptcy Again?
Unfortunately, a financial crisis can occur more than once in our lives. If you find yourself dealing with overwhelming debt again, you might be seeking relief once more. Bankruptcy laws do allow you to file for bankruptcy again, but you must meet specific requirements. Our Los Angeles bankruptcy attorneys explain what requirements you need… Read More »
Does Filing Bankruptcy Clear All Debt?
If you are dealing with overwhelming debt, you might be considering bankruptcy to get a fresh start. Bankruptcy can be a powerful tool because it can stop creditor harassment, debt-related lawsuits, foreclosure, and more. However, bankruptcy wasn’t built to eliminate all types of debt. Which Type of Debt Can Bankruptcy Eliminate? Bankruptcy can eliminate… Read More »
California Homestead Exemption Increases in January 2021
On September 15, 2020, California Governor Gavin Newsom signed Assembly Bill 1885 into law, effectively increasing the homestead exemptions throughout the state. The previous homestead exemption laws followed a baseline of $75,000, whereas this new law increases the exemption to $300,000. The new law better reflects the costly housing market throughout the state and… Read More »
Top 7 Bankruptcy Myths Debunked
The term “bankruptcy” has a negative connotation for many people because they have the misconception that bankruptcy can do more harm than good. However, bankruptcy helps hundreds of thousands of people across the country obtain financial freedom. Below, our team at Wadhwani & Shanfeld has debunked the most common myths surrounding bankruptcy. Myth #1:… Read More »
Can Credit Companies Fight My Bankruptcy?
If you are thinking about filing for bankruptcy, you probably have countless questions. One of the many questions people have regarding bankruptcy is if credit card companies can fight or dismiss their case. Our Los Angeles bankruptcy attorneys explain whether creditors or collection agencies can challenge your bankruptcy case. Creditors Challenging Bankruptcy Cases Although… Read More »
Can Bankruptcy Erase My Student Loans?
Americans owe well over $1 trillion in student loan debt, and it only continues to rise. Nearly 65 percent of all students are left with outstanding student loan debt. Unfortunately, many students agree to student loan debts without understanding the details or getting the opportunity to read the contract. If you are one of… Read More »