Blog

Possibility of Bankruptcy Relief – Marijuana Businesses?

It is widely known that California has expanded its legitimacy to the California Marijuana business. Hence the question pops up whether the Marijuana or other licensed cannabis businesses will enjoy equal/ same rights under federal law as in the case of other California businesses. That’s is the not case and reading through the below will explain in detail the background of these businesses and how they are restricted from declaring bankruptcy in their businesses. Cannabis businesses and the California Law Since 1996, possession of a small amount of marijuana has been decriminalized. Also, medical marijuana has been legalized [...]

2019-06-28T12:39:17+00:00
Read More

Planning Your Retirement

There are some interesting facts to know about us, Americans, from the research of Northwestern Mutual with regards to our readiness to face retirement. Here we go! There are no retirement savings for one American out of five One in three Americans have less than $25,000 saved, especially those who are nearing retirement shortly The percentage of Americans who are somewhat concerned about affording retirement is about 78% These facts reveal the sad state of our fellow citizens who are almost ready to retire and teach us valuable lessons. It also imposes an important question at us. How [...]

2021-12-08T03:56:51+00:00
Read More

Paying off debts Vs Bankruptcy

Most debtors see paying off debts as a moral duty compared to filing for bankruptcy. When you contact a financial professional, they do cover the aspects of spending within your income range along with simultaneously building a safety fund. Most citizens find themselves in circumstances where they keep paying off their debts and ignore putting aside a part of their money for retirement. This negligence ends up costing more, not only for the individual but also for society at large owing to the minimal or zero investment from the debtor towards the economy. Solution – Chapter 7 bankruptcy [...]

2023-01-12T11:12:44+00:00
Read More

Payday Loans: Myths & Facts

Payday loans or cash advance loans are small loans which are taken by a person against their wages and can be paid off at the time of their next paycheque. For people who have been facing financial issues for some time, payday loans are a common feature. Many of them who have been contemplating bankruptcy as a way of getting out of such problems had taken payday loans in their past. Getting a payday loan is not difficult. The borrower can ask for a payday loan from a lender in the form of a post-dated cheque by showing [...]

2023-03-22T08:10:05+00:00
Read More

Laws to Secure Your Credit Reports

According to Javelin Strategy & Research, One of the financial advisory firms in the U.S., more than $100 billion has been gathered in fraud using consumer’s identification between 2011 and 2016. By keeping the identity of others, the criminals open new credit accounts and use that account to purchase the products. Thus, The fraudulent activity has enabled the criminals to cheat U.S. consumers to this large extent. Right now, There are new federal laws that can help the Americans to safeguard their identity and prevent theft. The law which is termed as Economic Growth, Regulatory Relief, and Consumer [...]

2021-12-08T04:03:39+00:00
Read More

Motions to Dismiss Denied in FDCPA/FCRA Case

Recently, the Eastern Division of the U.S. District Court Northern District of Illinois passed a judgment by denying all the attempts made by the defendant to dismiss the counts against them. In this FDCPA/FCRA case, the accused –Bayview Loan Servicing, LLC has failed to correct the error in lieu of the plaintiff’s mortgage obligation after filing for a bankruptcy discharge. Facts of the Above case: Before the merger between Countrywide Home Loans and Bank of America in September 2012, the plaintiff had carried out 2 mortgage loans with Countrywide Home Loans. After the merger, his loans were under [...]

2019-06-21T11:30:12+00:00
Read More

Is there any hope left for Student Debtors?

Contrary to other common debts, student debt is considered “next to impossible” to pay off debts. And if the student plans on paying off these kinds of debts, they will end up in “undue hardship”. A recent Court case has relieved the burden of many such students and has arisen a Ray of hope in them once again. In Sara Fern v. Fedloan Servicing, the bankruptcy court’s judgment was passed in favor of Sara Fern. The court stated that the student loan due on Sara worth $27,000 would indeed cause undue hardship in her case and hence the [...]

2019-06-20T11:24:00+00:00
Read More

Instagram Photos land Rapper 50 Cent to Bankruptcy Court!

Rapper 50 Cent got a rude shock when he was called to court for his Instagram photos. Despite filing for bankruptcy under Chapter 11 in summer, he had been posting photographs on Instagram, posing with huge stacks of cash. This raised suspicion and he was ordered to appear in bankruptcy court to explain his actions since bankruptcy is a legal way out for people who have been unfortunate enough to suffer huge irreversible financial losses. Transparency while filing is one of the important points for an individual to get relief. However, with photographs like the one posted by [...]

2021-12-08T04:06:34+00:00
Read More

How to Protect Yourself from Identity Theft?

Many people use the internet to transfer money through mobile or net banking and make payments online. But, Through identity theft, fraudulent people can siphon off financial information of people and use it for their financial gain. Your personal information can be used to get a new credit card and drain off your accounts. On the other hand, your bank details can be used to file a tax return in someone else’s name for getting a refund from the IRS. There have been many cases of identity theft being reported all across the country. Possibly, It is second [...]

2019-06-20T11:22:16+00:00
Read More

How to Plan an Affordable Wedding in Los Angeles?

Weddings are a costly affair with numerous investment like Decor, Flower arrangements, Dinner parties, etc. However, There are possibilities where you can have an elegant affair which is affordable as well in Los Angeles. If you wish to decrease the cost of your wedding without settling on your dreams and any quality, Then There are a number of affordable options available. With Bohemian style catching up with people, They are no longer interested in using their hard-earned money feeding to friends and relatives in 5-star hotels or popular restaurants. Venues like community gardens or beachside are extremely popular [...]

2019-06-20T11:21:47+00:00
Read More
Load More Posts

Recovery Law Group Logo

888-297-6203

Headquarters

309 W 11th Street,
Anderson, IN 46016
310-997-0471
Clients: customerservice@recoverylawgroup.com
Attorneys / Trustees and Court Officials: info@recoverylawgroup.com

PAID ATTORNEY ADVERTISEMENT: Wajda & Associates is a law firm. This website is an advertisement. It is not a lawyer referral service or prepaid legal services plan. Each of the lawyers on this site are either Managers, Members, Partners, Limited Partners or staff attorneys. An attorney responsible for the content of this Site is Nicholas Wajda, APC. licensed in California, Texas, and Indiana with offices at 309 W 11th Street Anderson, IN 46016. To see the attorney in your area who is responsible for this advertisement, please  Click here.  Prior results do not guarantee a similar outcome.
We help people file bankruptcy petitions to obtain relief under the bankruptcy code.