Author: trevor3carson

Retirement Accounts and Bankruptcy

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Withdraw from Retirement Account
Retirement Accounts and Bankruptcy A person in financial hardship should never withdraw funds from a retirement account early. Retirement accounts are generally protected in bankruptcy and the withdraw will remove the protections. The early withdraw may also result in tax consequences and additional penalties. Early Withdraws May Result in Tax Consequences and Penalties Early withdraws […]

Stop Debt Collections

Posted on by trevor3carson in
Debt Collections Sacramento Bankruptcy Attorney
Stop Debt Collections by Filing Bankruptcy A creditor is not allowed to contact a person who has hired an attorney to represent them regarding the debt. Communications with a represented person is a violation of the Fair Debt Collection Practices Act (FDCPA), which is discussed below. Filing a bankruptcy will initiate the “automatic stay.” This […]

Top 4 Mistakes Before Filing Bankruptcy

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Mistakes Filing Bankruptcy
Pitfalls and Mistakes Before Filing Bankruptcy Our Sacramento bankruptcy attorney frequently encounters the same mistakes people make shortly before filing bankruptcy. These “mistakes” can generally be avoided by speaking with an experience attorney to learn options before filing. Our lawyer has come up with a list of common mistakes. Enjoy the top 5 mistakes before […]

File Bankruptcy Without Spouse

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Filing Without Spouse
Filing bankruptcy without spouse in Sacramento California is a bad idea. People frequently come to our law office and tell the bankruptcy attorney they’re only interested in filing bankruptcy by themselves. They do not want to include their spouse. The credit cards are only in their name and don’t include their spouse. The State of […]

Do I Qualify for Bankruptcy?

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Without Spouse
The first step in determining whether an individual qualifies for a bankruptcy, is to review the gross annual income. The most frequently discussed test is the Bankruptcy Means Test. This test requires the individual petitioning for bankruptcy to enter his or her income and expenses in the appropriate form. The forms are available on the United States […]

File for Bankruptcy in Sacramento

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Filing in Sacramento
Making the decision to file for bankruptcy may be an easy or hard decision. There are likely to be several positives and negatives to the decision. However, after making the decision, the question becomes where to file for bankruptcy. Filing for bankruptcy begins with the United States Bankruptcy Court. The State of California is broken […]

How Much Does a Chapter 7 Bankruptcy Cost in Sacramento

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Cost to File Bankruptcy in Sacramento
How much does a chapter 7 bankruptcy cost in Sacramento California? The cost for bankruptcy services will vary depending on the experience of the attorney and complexities of the case. Bankruptcy cost is not the only item to consider. Its important to understand that making the decision to file bankruptcy does not necessarily mean that […]

Bankruptcy Reaffirmation Agreement in Sacramento

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Reaffirmation Agreement
What is a Reaffirmation Agreement? A reaffirmation agreement is a new contract between an individual filing for bankruptcy and a creditor. The contract will reaffirm the debt owed to the creditor, which means the debt will not be discharged in bankruptcy. Essentially, the individual is promising to continue making payments on the debt even though they […]

Questions to Expect at 341 Meeting of Creditors

Posted on by trevor3carson in
Sacramento Bankruptcy Attorney Questions at Meeting of Creditors
Questions to Expect at 341 Meeting of Creditors by a Bankruptcy Attorney What questions will the trustee ask at the 341 Meeting of Creditors? Our Sacramento bankruptcy attorneys always provide our clients with a shortlist of standard questions. Our bankruptcy attorneys also fully explain potentially new questions regarding their particular bankruptcy. After receiving numerous requests for a list of […]