Author Archives: Jay Butchko
The Impact of Bankruptcy on Your Credit Score
When considering bankruptcy, one of the most common concerns is how it will affect their credit score. While bankruptcy is a legal tool designed to help you manage overwhelming debt, it’s essential to understand its impact on your financial future. Consulting with a Los Angeles bankruptcy lawyer can help address some of your questions… Read More »
Bankruptcy Myths Debunked: Facts and Fiction About Chapters 7 and 13
Bankruptcy is a legal process that allows individuals and businesses to deal with their debts when they become unmanageable. While Chapter 7 and Chapter 13 bankruptcies offer valid solutions for many, misconceptions abound, causing unnecessary fear and hesitation. In this post, Los Angeles Bankruptcy Attorneys, Wadhwani & Shanfeld will debunk some common bankruptcy myths… Read More »
Should I Choose Chapter 7 or Chapter 13 Bankruptcy? A Comparative Analysis for Californians
Filing for bankruptcy is a significant decision that requires careful consideration and understanding of the available options. The two primary forms of consumer bankruptcy are Chapter 7 and Chapter 13. Each serves a unique purpose and has distinct advantages and disadvantages. This blog offers a comparative analysis to help Californians understand the two types… Read More »
2023 Bankruptcy Statistics: What You Should Know
Bankruptcy is often perceived as a negative financial event, but in reality, it can provide a fresh start for those struggling with overwhelming debt. In this blog post, we’ll dive deep into the 2023 bankruptcy statistics, comparing them to numbers from two years ago, and discuss the reasons behind the trend and how filing… Read More »
Does Bankruptcy Stop Creditor Calls?
Being in debt can be overwhelming, especially if creditors call you daily to collect your debts. Bankruptcy can be a viable option that helps you get back on track and become debt free. After you file for bankruptcy, those annoying creditor calls should cease immediately. Yet, it’s possible to still receive creditor calls after… Read More »