Bankruptcy Part 3 Q&A: Podcast Transcript
Here is a similar transcript to review from a podcast on the topic of bankruptcies in San Diego found here. Q. How does bankruptcy work if you’re married? Spouse with different credit ratings. In a community property state such as California, both individuals will have to report their income if they married regardless of whether they file jointly or without …
Read MoreBankruptcy Part 3: Private Information and Home Equity
Another podcast brought to you by the Law Office of Cecilia Chen, the final segment of a series on bankruptcy. This is part 3 of a 3 part series discussing questions on the topic of bankruptcy. All of our information is provided with the California legal system in mind, specifically devoted to San Diego and area.
Read MoreBankruptcy Q&A: What Assets are Protected and How Much Do Bankruptcy Lawyers Cost?
Here is a written version of our podcast #2 on the subject of bankruptcies in California Q. What is protected in bankruptcy in California A. Most people do not lose any of their belongings and necessities in bankruptcy. The end goal of bankruptcy is to get you back on your feet financially. Therefore, your basic necessities such as furniture, clothing, …
Read MoreBankruptcy Part 2 of 3: How Much is an Attorney and What is Protected in bankrtupcy?
Welcome to another podcast brought to you by the Law Office of Cecilia Chen. The purpose of these podcasts is to provide listeners with legal information pertaining to a variety of subjects including bankruptcy, real estate, estate planning, and corporate law. This is part 2 of a 3 part series discussing questions on the topic of bankruptcy. All of our …
Read MorePodcast 1 Transcript: Difference Between Chapter 7 and 13 Bankruptcies
Every time we launch a podcast we provide a written transcript that covers the questions that were asked and the answers from Cecilia Chen. Here is the transcript from our first podcast located here: Q. What is the difference between Chapter 7 & 13 bankruptcies? A. Chapter 7 bankruptcy by and large allows debtors to discharge all of their unsecured …
Read MoreBankruptcy Podcast – Part 1 of 3 – San Diego Bankruptcy Questions Answered
Welcome to the inaugural podcast from the Law Office of Cecelia Chen. We have decided to provide our clients and future clients with new ways to gather information pertaining to a variety of legal questions. In this particular series we will focus on answering some basic questions pertaining to the topic of bankruptcies. Questions include: what is the difference between …
Read MoreSan Diego Chapter 13 Bakruptcies Steadily Rising in 2009
The news doesn’t come as a surprise. Chapter 13 bankruptcy filings in San Diego have steadily increased from the second half of 2006 and have broken quarterly records ever since. Chapter 13 (visit the link to visit the US Court web site for a Chapter 13 bankruptcy basics page) bankruptcy claims have risen rapidly since the credit crunch that hit …
Read MoreSan Diego Chapter 7 Bankruptcies up 200% in 2009
Comparing 2007 to 2009 Chapter 7 Bankruptcies in San Diego have increased three fold since 2007 and is currently set to break another record for filings this quarter (Q3 2009) since the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was written into law. There is an obvious increase in Chapter 7 (visit the link to visit the US …
Read MoreWhen Using Your 401 (k) to pay Credit Card Debt is a Bad Idea
While we should not get into the habit of purchasing items beyond the limits our cash flow can handle, and certainly not do so on credit, many people still find themselves with more bills to pay than income to pay them. In the midst of our credit crunch many are being faced with the tough decision of using their savings …
Read MoreIntroduction to Bankruptcy in America
Bankruptcy Basics, provided by the federal judiciary, provides an introductory summary for debtors, creditors, court personnel, the media, and the general public on the aspects of federal bankruptcy laws. It also provides individuals who may be considering bankruptcy with a basic explanation of the different chapters under which a bankruptcy case may be filed and to answer some of the …
Read More