Bankruptcy Attorney Firm

Chapter 13 Bankruptcy in California, Nevada, and Texas

High secured debts such as mortgaging of home or car payment can pose a problem around repayment for some of the citizens. Initially, the bank that has lent the money contacts the debtor regarding the payment updates after it has defaulted for a month or two – the bank resorts to persistent phone calls (low-level adverse proceedings). They can steer towards high-level adverse proceedings such as foreclosure or repossession if the debtor continues to default. The debtor in certain scenarios may just need some extra time as he can facilitate the means to pay the moneylender. Chapter 13 [...]

2025-08-21T09:09:01+00:00

Tips to Avoid Filing for a Second Bankruptcy

Filing for bankruptcy, though tough, is a smart decision to overcome your financial problems. However, as lawyers of Sacramento based law firm Recovery Law Group inform, debtor’s need to make these changes in their habits to avoid filing for bankruptcy again: […]

2025-08-21T11:41:11+00:00

Review Your Credit Report before Choosing To File For Bankruptcy

Reviewing your credit report annually is extremely important so that you are aware of your current financial situation as well as checking if the information about your payments and debts is being accurately portrayed to the credit bureaus. People looking for a way out of the financial mess by filing for bankruptcy should make it a point to review their credit report before filing to ensure that all their creditors are included in the documents and schedules. As a part of the filing process, you are expected to list all your creditors. A simple mistake of omitting any [...]

2025-08-08T04:56:10+00:00

Creditors Can Be Held in Contempt for Violating Discharge Ordered by Bankruptcy Court

The bankruptcy laws have been enacted to make life easier for people who are undergoing tremendous financial losses. However, despite filing for bankruptcy and getting a discharge, many times, creditors still harass debt filers for dues. Citing the bankruptcy case of Jarvar, Stanley E. and Barbara J.; In re (Jarvarv. Title Cash of Montana Inc., et. al.), the Los Angeles based law firm Recovery Law Group respite is available to debtors from creditors who violate bankruptcy discharge. Such creditors can be held in civil contempt. How Jarvar v. Title Cash of Montana Inc., et. al. Bankruptcy Case Changed [...]

2025-08-11T05:24:45+00:00

Is There a Difference Between Bankruptcy & Debt Settlement?

A stroke of misfortune or sheer bad luck with monetary investments may result in severe financial problems for people. If you too are struggling through insoluble debts, you are faced with 2 choices as per Sacramento based law firm Recovery Law Group - filing for bankruptcy or opting for debt settlement. However, to become financially stable again, you need to choose between the 2 options available to you. Though many people are aware of bankruptcy, not much is known about debt settlement. It is important for debtors to understand the difference between the two, for them to choose [...]

2025-08-11T04:29:46+00:00

Bankruptcy and its Impact on Divorce and Domestic Support Responsibilities

Financial troubles are more common than people would like to think. More often than not, people opt for bankruptcy which can help reduce the burden of debt on the filer’s shoulders. However, despite bankruptcy, there are certain debts which cannot be discharged. These include government taxes, student loans, and divorce and domestic support. There is contention whether a private contract made between spouses in a pro se divorce case can be considered equivalent to a non-dischargeable domestic support obligation under the U.S. Bankruptcy Code. […]

2025-08-08T06:17:17+00:00

How to know it’s Time to Consider Bankruptcy?

Misfortune can happen to anyone, at any time. It is important to keep a steady head and look for the best possible solution to your financial troubles. Unfortunate circumstances can cause even the most responsible person to go through a bad financial period. An unexpected long illness, job loss, or expensive divorce can derail even the best people financially. In case you too are going through such a phase of financial struggle and are wondering whether it is time to file for bankruptcy, Sacramento based law firm Recovery Law Group provides you four signs to identify the problem [...]

2025-09-05T13:12:53+00:00

Dealing With Business Debt? Can Chapter 13 Bankruptcy Help?

Many people wish to turn entrepreneurs and often succeed in their endeavors too. However, not every business idea takes you to the zeniths of the sky, some fight falls flat and leave you with a huge debt to clear. In case you belong to the latter category, there is no need to worry if you are looking to reorganize your debts. U.S. federal laws have come up with Bankruptcy Code to help individual and organizations to overcome their financial losses by filing for bankruptcy under various chapters. Small business owners in need of financial assistance can consider Chapter [...]

2025-08-06T07:23:09+00:00

Are Bankruptcy Records Open for All?

Going through a really bad financial crisis can be really traumatic for people. However, bankruptcy laws are designed to help individuals and companies out of the financial mess, so that they can begin their new lives with a financially clean slate. Automatic stays and discharge of debts are a great help to individual consumers who have filed for bankruptcy under chapter 7 or chapter 13. However, despite various benefits like foreclosure defense, debt relief, and financial stability, there are many concerns amongst people regarding their future. Bankruptcy lawyers of Recovery Law Group , a Sacramento based law firm [...]

2025-08-06T07:22:27+00:00

Shattering Common Myths about Bankruptcy

Money lending is an immensely monetary satisfying business. One of the major reasons why credit card companies and other private lenders thrive is because of the fact that people once used to live beyond their means are a golden goose. They ensure that you are always in debt so that they can make money off you. The biggest way to do this by making bankruptcy, which incidentally, is the best legal resort to get your debts waived off, as one the worst thing to happen to you. To dispel false ideas about bankruptcy, Sacramento based law firm Recovery [...]

2025-08-08T05:15:57+00:00
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