Filing for bankruptcy in California can be a difficult decision to make, but it can also provide relief from overwhelming debt and a chance for a fresh financial start. It's essential to understand the process and be prepared before, during, and after filing for...
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Chapter 7 Bankruptcy
What is a bankruptcy certificate?
If you’re filing for bankruptcy in California, you may have heard that you’re going to have to get a bankruptcy certificate. A bankruptcy certificate is a document that proves that you have completed the credit counseling and debtor education relating to your...
What kind of debts can and can’t be discharged?
Dealing with debt is an issue some California consumers try to avoid through filing for bankruptcy. There are some cases in which this strategy, though costly, may work out for the best. However, there are some types of debt which can't be done away via this tactic....
What to know about the Chapter 7 means test
If a consumer sees no way to pay their debt, they may decide to file for bankruptcy in California. Most filers choose Chapter 7 bankruptcy, which liquidates nonexempt assets to pay creditors. However, filers must pass a means test to determine their eligibility. How...