by Geoffrey Purkis | Nov 14, 2023 | Uncategorized
While the majority of taxes cannot be eliminated through bankruptcy, some can. The bankruptcy experts at Arietta Law can examine your case to see if your tax debt can be eliminated. Though not simple, filing for Chapter 7 bankruptcy and finding out if your debts...
by Geoffrey Purkis | Oct 11, 2023 | California Bankruptcy
Since 2011, bankruptcy filings in the Oakland Division of the Northern District of California have been steadily declining. The Oakland Division includes the counties of Contra Costa and Alameda. To give you some perspective, in 2011 the total number of bankruptcies...
by Geoffrey Purkis | Sep 4, 2023 | Uncategorized
A declared homestead is a legal form that you record with the Registrar-Recorder’s office. A declared homestead protects some of your equity for six months after you sell your home if the following three conditions are all true: You sell your home and buy another home...
by Geoffrey Purkis | Sep 4, 2023 | Uncategorized
An automatic homestead in California is a legal protection that shields up to $600,000 of equity in your home from creditors. It is automatic because you do not need to file any paperwork to claim it. All homeowners who occupy their primary residence in California are...
by Geoffrey Purkis | Aug 24, 2023 | Uncategorized
Chapter 7 and Chapter 11 are both chapters of the United States Bankruptcy Code that pertain to businesses. They offer different approaches for addressing financial difficulties and restructuring debt. Here’s a comparison of Chapter 7 and Chapter 11 bankruptcy...