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 | California Bankruptcy
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 | Credit Card Debt, Student Loan Debt, 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 | Debt Relief, Student Loan Debt
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 | May 4, 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 | Apr 20, 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 | Apr 6, 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,...
by Geoffrey Purkis | Mar 23, 2023 | Uncategorized
Household Size Annual Income Monthly Income 1 $ 69,660 $5,805 2 $ 86,271 $7,189 3 ...