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Social Media and Your Bankruptcy Case | Bankruptcy Law Center

Social Media and Your Bankruptcy Case | Bankruptcy Law Center | Bankruptcy | Scoop.it
Facebook, Twitter, Snapchat, and other similar social media platforms offer new and exciting ways to communicate with those around us. A study by the Pew Research Center shows that around 71% of adults used Facebook in 2014, with 52% of adults using more than one social media platform. Furthermore, the use of social media no longer requires that we be ... Read More
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The Powers of the Bankruptcy Automatic Stay | Bankruptcy Law Center

The Powers of the Bankruptcy Automatic Stay | Bankruptcy Law Center | Bankruptcy | Scoop.it
One of the biggest benefits that San Diego bankruptcy clients find that a Chapter 7 bankruptcy provides them is what is known as the automatic stay. You may be aware of what the stay is, but you may be surprised at how powerful a tool it is, and how seriously courts take violations of the stay. What is The Stay? ... Read More
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What Happens in a Bankruptcy When You Own Property but it Really Belongs to Someone Else? - Bankruptcy Law Center

What Happens in a Bankruptcy When You Own Property but it Really Belongs to Someone Else?  - Bankruptcy Law Center | Bankruptcy | Scoop.it
Chapter 7 Bankruptcy and Ownership Part of filing your chapter 7 bankruptcy case, will be evaluating your assets. Bankruptcy debtors must supply San Diego bankruptcy judges and trustees with a comprehensive list of all the property they own. Ownership sounds like an obvious concept, but we often do not realize that we can own property that’s not actually ours. There ... Read More
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Relief coming as state lowers gas tax

Relief coming as state lowers gas tax | Bankruptcy | Scoop.it
The per-gallon tax Californians pay on gas buy will drop by nearly 10 percent on Tuesday.
BankruptcyLawCenter's insight:

Today our State gas tax was adjusted down from 39.5 cents per gallon to 36 cents. It's nice to see a downward adjustment, even if it's small....

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Owners who borrowed on equity face jolt

Owners who borrowed on equity face jolt | Bankruptcy | Scoop.it
In the bubble, a home was a personal ATM. Now it's time to pay back that money.
BankruptcyLawCenter's insight:

After 10 years, most home equity lines of credit (HELOCs) automatically convert to mortgages. Ten years ago, the wave of HELOCs began. Now, "Homeowners must start paying on both interest and principal on the outstanding balance, and often at higher interest rates of 5 or 6 percent."

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HOW CAN BANKRUPTCY IMPROVE MY CREDIT? - Bankruptcy Law Center

HOW CAN BANKRUPTCY IMPROVE MY CREDIT? - Bankruptcy Law Center | Bankruptcy | Scoop.it
BankruptcyLawCenter's insight:

Many people think bankruptcy will ruin their credit. This is a common misconception about bankruptcy, particularly here in San Diego where our lawyers have filed thousands of bankruptcy cases for hard working people who—and we see this—are able to quickly recover and re-establish credit. You'll find some great resources in this article for issues like: How does bankruptcy affect my credit score? How do late payments affect my credit score? What can I do after bankruptcy to improve my credit?

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Stockton Bankruptcy Judge Looks at Pension Cuts | PublicCEO

Stockton Bankruptcy Judge Looks at Pension Cuts | PublicCEO | Bankruptcy | Scoop.it
A federal bankruptcy judge, looking at several options, could rule in the Stockton bankruptcy that pensions can be cut, possibly clarifying whether CalPERS has special protection as an arm of state government. A judge in the Detroit bankruptcy has already ruled that pensions can be cut like any other contract debt. Ballots mailed to Detroit employees, retirees ...
BankruptcyLawCenter's insight:

Cities in bankruptcy have wide latitude in formulating their exit "plan." But the Judge also has a duty to consider key issues. This Stockton case is fascinating:  Late in the second day of the trial, the judge said he had some questions for the California Public Employees Retirement System. “If I just rubber-stamp plans, I might as well just be a potted plant,” Klein said, the Record reported.

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Property tax bills could jump for many

Property tax bills could jump for many | Bankruptcy | Scoop.it
More than 200,000 San Diegans could see a big jolt in their property tax bill.
BankruptcyLawCenter's insight:

"In tax year 2014-15, which starts July 1, property tax bills could go up dramatically because county home values increased 17.1 percent in the 12 months leading to Jan. 1, 2014, the date on which values are assessed." Read more http://www.utsandiego.com/news/2014/may/07/property-tax-real-estate-mortgages-housing/

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Should You Reorganize Your Debts In Chapter 13? | Bankruptcy Law Center

Should You Reorganize Your Debts In Chapter 13? | Bankruptcy Law Center | Bankruptcy | Scoop.it
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Get a Means Test From An Expert And See If You Qualify For Chapter 7 Bankruptcy | Bankruptcy Law Center

Get a Means Test From An Expert And See If You Qualify For Chapter 7 Bankruptcy | Bankruptcy Law Center | Bankruptcy | Scoop.it
BankruptcyLawCenter's insight:

Do you need to be Means Tested for bankruptcy? Has your income gone up quickly, but you still want to get out of debt in San Diego? You should read this article!

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San Diego Bankruptcy Lawyers Who Are Also Credit Repair Attorneys | Bankruptcy Law Center

San Diego Bankruptcy Lawyers Who Are Also Credit Repair Attorneys | Bankruptcy Law Center | Bankruptcy | Scoop.it

Bankruptcy attorneys are also credit repair attorneys. That’s a fact. We are in the best position to understand all of your legal options when you are in financial trouble.

In our San Diego law firm, the Bankruptcy Law Center, we meet people everyday that face huge debt challenges and yet, they can’t wait to improve their credit....

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Bankruptcy Law Center | San Diego Bankruptcy Attorneys - YouTube

Bankruptcy stops foreclosure, lawsuits, garnishments, repossessions, evictions, the IRS and bill collectors. The Bankruptcy Law Center provides the help you ...
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Tribal Payday Lenders: Above the Law? | Stop Creditor Harassment

Tribal Payday Lenders: Above the Law? | Stop Creditor Harassment | Bankruptcy | Scoop.it
  Many people experience situations where they need money they don’t have, quickly.  Often, people turn to lenders for short term loans, often called payday loans, for quick financial help.  While payday loan lenders are notorious for their very high interest rates and questionable (and often illegal) collection tactics, there are lenders who are particularly harmful because they do not ... Read More
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What Happens in a Bankruptcy When You Own Property but it Really Belongs to Someone Else? - Bankruptcy Law Center

What Happens in a Bankruptcy When You Own Property but it Really Belongs to Someone Else?  - Bankruptcy Law Center | Bankruptcy | Scoop.it
Chapter 7 Bankruptcy and Ownership Part of filing your chapter 7 bankruptcy case, will be evaluating your assets. Bankruptcy debtors must supply San Diego bankruptcy judges and trustees with a comprehensive list of all the property they own. Ownership sounds like an obvious concept, but we often do not realize that we can own property that’s not actually ours. There ... Read More
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http://www.bankruptcyattorneys.org/chapter-13-bankruptcy-los-angeles.html

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3 Reasons To File For Bankruptcy That No One Talks About - Bankruptcy Law Center

3 Reasons To File For Bankruptcy That No One Talks About - Bankruptcy Law Center | Bankruptcy | Scoop.it
Bankruptcy is a word that’s (usually) met with resistance although there are a many reasons why you would want to file bankruptcy. In 2011, there were 240,151 bankruptcy cases filed in the State of California alone. The numbers vary by year, but 2011 was a huge year for bankruptcy, so we’ll go with that. If that many people and businesses ... Read More
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Hiring should pick up locally, study says

Hiring should pick up locally, study says | Bankruptcy | Scoop.it
More employers in San Diego expect to add to their staffs in this year's third quarter.
BankruptcyLawCenter's insight:

It's nice to see a little good job news in the forecast for San Diego!

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Homebuyers Decide Grass Isn't Greener and Stay Put | Business News

Homebuyers Decide Grass Isn't Greener and Stay Put | Business News | Bankruptcy | Scoop.it
BankruptcyLawCenter's insight:

Not good news from home builders. According to a recent study, 81% of homeowners nationwide said they have no plans to purchase a different home. Less than 3% will be shopping for a home within the year. Why? They're happy with their house.

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Can An Old Abstract of Judgment (Blanket Lien) Affect Property You Acquire After Bankruptcy? | Bankruptcy Law Center

Can An Old Abstract of Judgment (Blanket Lien) Affect Property You Acquire After Bankruptcy? | Bankruptcy Law Center | Bankruptcy | Scoop.it
BankruptcyLawCenter's insight:

Can an old Abstract of Judgment (Blanket Lien) affect property you purchase after your bankruptcy discharge? Sometimes our clients call us years later, after their bankruptcy cases are completed, and they need help with problems like these--trying to close a refinance when an old judgment lien pops up. We are happy to help.

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Home appreciation down to single digits

Home appreciation down to single digits | Bankruptcy | Scoop.it
Annual home-price appreciation in San Diego County is down to the single digits
BankruptcyLawCenter's insight:

"Last month, the median price for a home sold in the county was $435,000, up 8.7 percent from the $400,000 median in April 2013, real estate tracker DataQuick reported Tuesday. It was the lowest year-over-year appreciation since a 7.9 percent gain in August 2012."

Read more: http://www.utsandiego.com/news/2014/may/13/dataquick-april-realestate-mortgages-homes/

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San Diego Bankruptcy Cases Are Typically Used To Protect Income And Assets | Bankruptcy Law Center

San Diego Bankruptcy Cases Are Typically Used To Protect Income And Assets | Bankruptcy Law Center | Bankruptcy | Scoop.it
BankruptcyLawCenter's insight:

Did you know that people who file bankruptcy in San Diego statistically have rising income? Or that most who file get to keep all of their assets?

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Get Out of Debt San Diego | Bankruptcy Law Center

Get Out of Debt San Diego | Bankruptcy Law Center | Bankruptcy | Scoop.it
Heard us on the Radio? Get Out of Debt San Diego will stop foreclosure, repossessions, garnishments, evictions, lawsuits, IRS. Call Us 800-718-9688
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GM, lawyers fight over bankruptcy protections

GM, lawyers fight over bankruptcy protections | Bankruptcy | Scoop.it
General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.
BankruptcyLawCenter's insight:

This should be interesting: Injured parties who are suing GM say it shouldn't get the usual benefits of bankruptcy protection because it concealed a deadly ignition switch problem when the court was making bankruptcy decisions on GM’s reorganization plan.

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Bankruptcy Law Center Bolsters Industry Leadership with High Number of Bankruptcy Filings in 2013

Bankruptcy Law Center Bolsters Industry Leadership with High Number of Bankruptcy Filings in 2013 | Bankruptcy | Scoop.it
The Bankruptcy Law Center of San Diego, California filed the 2nd highest number of bankruptcy cases in the city, the 7th in the entire State, and the 36th in th
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Does It Matter When I File My Taxes If I Hope To Discharge Them In Bankruptcy? | Bankruptcy Law Center

Does It Matter When I File My Taxes If I Hope To Discharge Them In Bankruptcy? | Bankruptcy Law Center | Bankruptcy | Scoop.it
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