by Geoffrey Purkis | Jul 10, 2023 | Uncategorized
Paying off your debt without resorting to bankruptcy is a responsible and commendable decision. Bankruptcy should generally be considered as a last resort when all other options have been exhausted. Here are some steps you can take to pay off your debt: Create a...
by Geoffrey Purkis | Jul 7, 2023 | Stop Repossession
Repossession is when a creditor gains control of property used as collateral for a loan that’s in default. A creditor reserves the right to take away something you own if you violate the terms of the agreement. However, there are rules they must follow. If you’ve...
by Geoffrey Purkis | Jul 7, 2023 | Uncategorized
If you owe money to a creditor, they can get a court order to collect it, often through wage garnishment. A creditor authorized to garnish wages will take a portion of what you earn, possibly leaving little left to spend. However, you can stop this from happening by...
by Geoffrey Purkis | Jul 7, 2023 | Wage Garnishment
What Is Wage Garnishment? Wage garnishment occurs when creditors or a government agency orders your employer to deduct a specified amount from your paycheck to pay back debts. Many types of debt can result in wage garnishment, including credit card debt, lease...
by Geoffrey Purkis | Jul 7, 2023 | Uncategorized
For chapter 13 cases filed after January 1, 2023, in the bankruptcy courts for the Northern District of California, all chapter 13 debtors when proposing a plan or a plan modification are required to utilize an updated standard form chapter 13 plan. A copy of the new...
by Geoffrey Purkis | Jul 7, 2023 | Uncategorized
Persons seeking relief from their student loan debt can try their odds in bankruptcy court. Congress has allowed debtors to get out from under their student loans only upon a showing of “undue hardship”. Only a small percentage of debtors in bankruptcy pursue student...
by Geoffrey Purkis | Jun 13, 2023 | Uncategorized
While Chapter 13 bankruptcy is a federal law and is available across the United States, including California, there are some specific aspects and regulations that may differ in California. Here are a few ways in which Chapter 13 bankruptcy may be different in...
by Geoffrey Purkis | Jun 10, 2023 | Uncategorized
While many principles and benefits of advanced healthcare directives apply universally, there are a few unique aspects and issues related to advanced healthcare directives in California. Here are some key points specific to California: POLST Form: California utilizes...
by Geoffrey Purkis | Jun 10, 2023 | Uncategorized
Reducing expenses is a crucial step in preventing bankruptcy. Here are some strategies you can implement to reduce your expenses and improve your financial situation: Create a budget: Develop a detailed budget that outlines your income and expenses. This will help you...
by Geoffrey Purkis | Jun 10, 2023 | Uncategorized
Creating a budget can be an effective strategy to prevent bankruptcy by helping you manage your finances more effectively. Here’s how a budget can help: Increased awareness of your financial situation: Creating a budget requires you to assess your income,...
