State Specific Bankruptcy Issues

Ever Wonder Why Credit Card Companies Can Charge Such High Interest Rates?

By Ryan C. Wood The short answer is because corporate profits and corporations in general are favored over protecting the individual from harm these days.  Below is only one court decision in the long dismantlement of individual rights in favor of corporate rights.  Every state, well, every state used to have usury laws.  Have you [...]

Bankruptcy in California: What You Need To Know

California Has Its Own Bankruptcy Laws Since bankruptcy law is federal, many of the same principles apply in bankruptcy cases regardless of where the case is filed. For example, whether you’re filing in California or Texas, a bankruptcy estate is created when bankruptcy protection is sought. For the time that you’re in the bankruptcy system, [...]

Chapter 7 bankruptcy in Pennsylvania: What You Need To Know

Chapter 7 Bankruptcy Overview Bankruptcy is a process, organized under federal law, that allows consumers and businesses alike to shed unmanageable debts and start over financially. Chapter 7 bankruptcy is a powerful tool that allows debtors in Pennsylvania and across the country to discharge credit card debt, medical bills and other unsecured loans. However, don’t [...]

What To Look For In An Attorney

When you are thinking of filing for bankruptcy, you want to make sure that you hire a competent, skilled, experienced bankruptcy attorney who can guide you through the process.  Many years back, you are able to file bankruptcy on your own if it was a simple case.  You were able to buy forms from an [...]

Filing Chapter 7 Bankruptcy in North Carolina: What You Need to Know

So, you’re getting ready to file for bankruptcy in North Carolina and find yourself looking online for answers. Time to panic? Absolutely not. It’s time to learn the law and explore your options. We’ll start at the beginning, with the biggest misconception that North Carolinians, and consumers in general, have about filing for Chapter 7 [...]

Get It Back! Fixing a Fraudulent Transfer Before Bankruptcy in the 9th Circuit

Jon Brooks is a Bay Area bankruptcy lawyer. As I recently wrote on the Bay Area Bankruptcy Lawyer Blog, perfectly honest consumer debtors sometimes make the mistake of transferring an asset to a friend or family member before filing bankruptcy.  This can happen innocently enough, as for example, where a debtor gives an old car [...]