California residents who are in debt with no foreseeable way to pay it back or in a timely manner might want to file for bankruptcy. It’s important to know what a bankruptcy certificate is and its purpose. What is a bankruptcy certificate? A bankruptcy certificate is...
CONFIDENTLY PLAN FOR YOUR FUTURE
CONFIDENTLY PLAN FOR YOUR FUTURE
Month: January 2022
Dealing with credit card debt
People amass credit card debt for many reasons, as there are few restrictions on using one. California borrowers could use their cards for necessary purchases, cash advances, and entertainment items. Unfortunately, excessive credit card usage might lead to massive...
What are the steps of the foreclosure process in California?
When you're unable to make a mortgage payment, you may have fear of losing your home. A foreclosure doesn't happen instantly. There's a process that lenders must go through to sell your home. Missing a payment A missed payment is the first step of the foreclosure...
What you need to know about wage garnishment in bankruptcy
For some California residents deep in debt, filing for bankruptcy might be the only option for relief. However, certain types of debt aren’t exempt from bankruptcy, which means you might have to deal with wage garnishment to pay them back. You may wonder if there are...
What are some problems with debt relief companies?
Many companies are selling quick fixes for reducing debts. A slow and steady pace pays down debt best. People think debt reduction is easy in Newport Beach, California, and the rest of Southern California. Transferring debt between credit cards and signing up for debt...
The debt limit for Chapter 13 bankruptcy
Chapter 13 bankruptcy might be the preferred debt restructuring approach for someone struggling with insurmountable financial obligations. People amass tremendous debt for many reasons, including medical bills, credit card balances, failed business endeavors, and...
Is it possible to refinance after bankruptcy?
Bankruptcy provides many people with a chance to start over after suffering from financial troubles. California residents might find that a Chapter 13 repayment plan allows them to escape from some crushing debt while meeting certain obligations to creditors. However,...
Filing bankruptcy after a divorce can help you get a fresh start
Getting a divorce can be a frustrating situation to handle. When it's combined with excessive debt, it makes it even worse. Knowing what to do if you're in Southern California with this predicament will likely take some research. After finalizing the end of your...
Not all debts receive bankruptcy discharges
Excessive debt could come from many unexpected and overwhelming costs, such as medical bills and even everyday essentials. Those unable to cover their debts might find bankruptcy a viable option, but California consumers need to understand that not all debts go away...
What is wage garnishment, and how can you stop it?
California residents with serious debt might worry about wage garnishment. You should know how to stop garnishment along with other forms of creditor activity. What is wage garnishment? Wage garnishment is a tool used by creditors to collect debt from people who owe...