Southern California Bankruptcy Law Blog

Monthly Archives: October 2011

Nicholas Gebelt speaking at the Chapter 13 Bankruptcy: Line-by-Line Workshop on November 1, 2011

Posted in Chapter 13

I will be covering the Chapter 13 topics in a “Chapter 7 and 13 Bankruptcy: Line-by-Line Workshop” for the National Business Institute on November 1, 2011 in San Bernardino, California. This workshop will show you the procedural steps for filing Chapter 13 petitions, detail how to structure the Chapter 13 repayment plan, and give tips on… Continue Reading

Personal Chapter 11 Bankruptcy

Posted in Chapter 11, Chapter 13, Chapter 7

The popular wisdom says that an individual or a married couple can file for bankruptcy under either chapter 7 to discharge debts without paying them, or chapter 13 to pay back some of the debts through a court-administered, multi-year, partial debt repayment plan, while a business files under chapter 7 if it is going out… Continue Reading

The Next Great Depression And Bankruptcy

Posted in Debt

Bankruptcy is an effective way of wiping out debt, and it can be an important tool in preparing for what some experts predict will be the next great depression.  Thomas H. Kee Jr. is the president and CEO of Stock Traders Daily.  He has accurately predicted market cycles in advance using his multi-tiered technical indicators… Continue Reading

Foreclosure And Bankruptcy

Posted in Chapter 11, Chapter 13, Chapter 7

If you’re facing a foreclosure sale, filing for bankruptcy protection can at the very least postpone the sale, and in a chapter 13 it can make it possible to save the house.  In the October 12, 2011 Los Angeles Times, Alejandro Lazo reported on the latest surge in foreclosures – especially in California.  This fits what… Continue Reading

Chapter 13 Bankruptcy And A New Foreclosure Scam

Posted in Chapter 13, Foreclosure

A recent corrupting trend in Chapter 13 bankruptcy is creating serious challenges for honest Chapter 13 debtors, their attorneys, mortgage companies, and Bankruptcy Courts.  The problem is a new foreclosure scam called property dumping, and it illustrates the ingeniously evil thinking of some real estate crooks. Property dumping has cropped up in response to the desperation… Continue Reading

Low-Cost Bankruptcy Can Be An Expensive Mistake

Posted in Chapter 11, Chapter 13, Chapter 7, Uncategorized

Low cost bankruptcy is a slogan appearing in ads and billboards across Southern California.  Is low cost bankruptcy the best way to get relief from creditors?  This post answers this question in a way that might surprise you. In the Business Section of the October 1, 2011 Los Angeles Times, Jim Puzzanghera reported: In another sign… Continue Reading