Kostopoulos Bankruptcy Law

Tag: California

Can Personal Loans Be Included in Bankruptcy in California?

Posted on by Kostopoulos Bankruptcy Law

Yes, personal loans can be included in bankruptcy in California, and they are usually dischargeable. This includes personal loans from banks, credit unions, friends, family, or employers. Unsecured personal loans, which are loans not backed by collateral, are eligible for discharge in both Chapter 7 and Chapter 13 bankruptcies.

Filing bankruptcy in California involves understanding the types of debt dischargeable, assets and exemptions, eligibility criteria, credit impact, costs, legal procedures, and the role of a bankruptcy lawyer in guiding individuals through the process.

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What Are the Common Mistakes to Avoid When Filing for Bankruptcy in California?

Posted on by Kostopoulos Bankruptcy Law

When declaring bankruptcy in California, the margin for error is slim, and mistakes can derail your financial reset. Understanding and avoiding common ‘bankruptcy mistakes’ can mean the difference between relief and regret. Our guide maps out these pitfalls, offering you actionable steps to confidently maneuver through the process ahead.

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Federal Law Allows California Student Loan Debt Discharge

Posted on by Kostopoulos Bankruptcy Law

Embarking on the journey to secure a student loan debt discharge is a crucial step towards achieving financial liberation. This guide provides answers to your essential questions about obtaining relief, guides you through the application process, and helps you grasp the potential effects on your financial health. It also equips you with a deeper understanding of the various relief options available to you.

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The Pros and Cons of Debt Settlement vs Bankruptcy in California

Posted on by Kostopoulos Bankruptcy Law

Are you a California resident drowning in debt? You’re not alone. In the Golden State, where the cost of living often outpaces income growth, many find themselves struggling with overwhelming financial obligations. Whether you’re in the bustling tech hub of San Francisco, the entertainment capital of Los Angeles, or anywhere in between, understanding your debt relief options is crucial.

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