BOOK A FREE CONSULTATION NOW! Filing for bankruptcy is a great way to get your finances in order. It can be difficult to navigate the bankruptcy process on your own, as bankruptcy involves legal issues. Although you can file the case yourself, experts recommend that you hire a bankruptcy attorney in Pasadena to help you....Read More
Tenina Law and its team of Los Angeles bankruptcy attorneys have helped thousands of people and families find effective debt relief. Alla Tenina can help you get real, fast and effective debt relief if you are struggling with overwhelming credit card debts, mortgage payments that are too high, personal loans, student loan debt, medical bills...Read More
Filing for bankruptcy is a significant financial decision that can provide relief to individuals overwhelmed by debt. However, it comes with restrictions and consequences that you must understand. After filing bankruptcy, there are several actions you are not allowed to take. For example, you cannot discharge specific debts such as recent taxes, child support, or...Read More
1. Contact the Debt Collector or Creditor to Negotiate a Payment Plan You may be able to negotiate a payment plan, or settlement if the original creditor has sold your debt. This is because debt collectors purchase debts for pennies per dollar. You’ve stopped a wage garnishment from happening if you can agree on a...Read More
Running a business is no easy task. From managing operations to balancing finances, business owners often face numerous challenges. When financial troubles begin to overwhelm your company, the thought of filing for bankruptcy might seem like an admission of failure. However, bankruptcy can actually be a valuable tool to help businesses regain control and emerge...Read More
It’s possible to get a mortgage even after bankruptcy. After completing the waiting period, and meeting all other eligibility requirements, standard loan programs will allow bankruptcy-free borrowers to obtain a mortgage after they have completed a waiting time. You may be considering homeownership after bankruptcy. However, you need to know how bankruptcy will affect your...Read More
The Intersection of Bankruptcy and Divorce: What You Need to Know Filing for bankruptcy during divorce is a significant decision that can have wide-ranging impacts on various aspects of your life. While filing for bankruptcy doesn’t affect child custody or support actions, it can influence the division of property during a divorce. Understanding how bankruptcy...Read More
Are you unsure whether it’s better to file for divorce or bankruptcy first? The decision between Divorce & Bankruptcy can be complex, and several factors should be considered to make an informed choice. Proper planning can make both your bankruptcy and divorce proceedings smoother and less expensive. Here’s what you need to know about navigating...Read More
Basics of Bankruptcy & Tax Debt The federal bankruptcy laws can protect you from creditors and relieve you of many debts. Tax debt is handled differently than other types. Taxes are often referred to as “non-dischargeable priority debts” in bankruptcy. This means that bankruptcy will not eliminate the debt, and repayment takes precedence over claims...Read More
Chapter 13 bankruptcy, also known as a “wage earner’s plan,” provides a financial lifeline for individuals with regular income who find themselves in over their heads with debt. This chapter of the Bankruptcy Code offers several unique benefits that help individuals manage, and ultimately overcome, their debt burdens. BOOK A FREE CONSULTATION NOW! What is...Read More
