debt relief Archives - Kostopoulos Bankruptcy Law

Can Personal Loans Be Included in Bankruptcy in California?

Posted on May 24, 2024June 18, 2024 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 May 23, 2024May 13, 2024 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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How to Avoid Paying a Civil Judgement on Your Credit Report in California

Posted on May 17, 2024June 24, 2024 by Kostopoulos Bankruptcy Law

Struggling with a judgment on your public record could leave you wondering how to maneuver around its removal. In this clear-cut guide, we’ll unpack the specific steps for how to remove a judgment from public record in California, offering practical solutions to help you move forward. Ready to clear your name and restore your financial reputation? Let’s dive in.

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The Pros and Cons of Debt Settlement vs Bankruptcy in California

Posted on May 15, 2024October 2, 2024 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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How To Stop Wage Garnishment in California

Posted on April 30, 2024June 18, 2024 by Kostopoulos Bankruptcy Law

Facing wage garnishment in California can feel overwhelming and isolating, but it doesn’t have to be an insurmountable challenge. At Kostopoulos Bankruptcy Law, located in Riverside and Oakland, CA, we specialize in helping individuals regain control over their financial situations.

To stop wage garnishment, also called wage attachment, in California, you can file a Claim of Exemption with the levying officer (usually the sheriff) to protect a portion of your wages, negotiate a payment plan with your creditor, or, in more extreme cases, file for bankruptcy, which triggers an automatic stay on all collection actions.

This guide offers a comprehensive overview of how to stop wage garnishment in California, ensuring you possess the necessary knowledge and resources to protect your income and meet your essential needs.

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Top San Francisco Bankruptcy Lawyers for Financial Relief

Posted on April 29, 2024April 29, 2024 by Kostopoulos Bankruptcy Law

Searching for San Francisco, California bankruptcy lawyers implies you need clear advice and reliable representation to manage overwhelming debt. Our guide dives into selecting a skilled attorney adept at handling Chapter 7 or Chapter 13 bankruptcy and securing your path to financial recovery. Avoiding fluff, we pinpoint crucial factors to look for in San Francisco bankruptcy lawyers and outline their role in your financial reset.

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