This is what I call a borderline Chapter 7 case with asset. Therefore, it is the better part of caution not to file Chapter 7 because the asset may be…

I just finished attending the telephonic bankruptcy hearing with my client recently and am reminded of his bankruptcy saga over the last 12 years. Client is married and 82 years…

The honest debtor is the only debtor who can get a discharge in bankruptcy. But who is an honest debtor? If we go by layman’s definition just to get an…

Client owns a restaurant that survived the pandemic with take-outs. The commercial lease for the restaurant is in the name of client. Client is the sole proprietor of the restaurant. Client…

Client is a young senior. At 65, in my book, she’s a young senior. She has been living by herself since she divorced 20 years ago. Her adult children have…

THE Catholic of Diocese of Oakland has just filed Chapter 11 seeking bankruptcy protection from 330 lawsuits arising from sexual molestation cases that happened during the 70s and 80s. Bankruptcy…

On June 21, 2022, Pres. Biden signed into law the Bankruptcy Threshold Adjustment Act. It increased the Chapter 13 debt limits to a total of $2.75M without secured or unsecured…

THE Catholic of Diocese of Oakland has just filed Chapter 11 seeking bankruptcy protection from 330 lawsuits arising from sexual molestation cases that happened during the 70s and 80s. Bankruptcy…

THE client has been in business since 2014. It has multiple outlets, more than 15 in the Southland. Some outlets are profitable, some break even, and some lose a little…

Client is a young senior. At 65, in my book, she’s a young senior. She has been living by herself since she divorced 20 years ago. Her adult children have…

THE highest profile cases of bankruptcy filings are Walt Disney, Milton Hershey, Orange County, a certain Catholic diocese in the USA that was hit by the child molestation cases, the…

THE debtor is 50. Spouse is 48. They have two children, a son aged 18, and a daughter aged 16. Son is about to go to college out of state….

AT some point in your life, you will have to confront your own mortality as well as the mortality of your loved ones. When you’re 12, you’re in a hurry…

THE highest profile cases of bankruptcy filings are Walt Disney, Milton Hershey, Orange County, a certain Catholic diocese in the USA that was hit by the child molestation cases, the…

DIFFERENT clients have different financial and asset situations, which make them start thinking about getting rid of accumulated debt. Nobody starts with borrowing money with the intention of defaulting and…

If you live in LA County — or in Southern California, which included Orange, Riverside and San Bernardino counties — and you own the house that you live in, now…

THE highest profile cases of bankruptcy filings are Walt Disney, Milton Hershey, Orange County, a certain Catholic diocese in the USA that was hit by the child molestation cases, the…

THE debtor who is 50 has accumulated credit card debt at the rate of $6,000 a year for the last 20 years. Now, he owes $70,000 in credit cards. He…

AT some point in your life, you will have to confront your own mortality as well as the mortality of your loved ones. When you’re 12, you’re in a hurry…

DIFFERENT clients have different financial and asset situations, which make them start thinking about getting rid of accumulated debt. Nobody starts with borrowing money with the intention of defaulting and…

w clients have different financial and asset situations, which make them start thinking about getting rid of accumulated debt. Nobody starts with borrowing money with the intention of defaulting and…

THIS Sunday, January 22 is, as most people know, Chinese New Year of the Rabbit for 2023. The New Year is also using the element of water; therefore, it’s the year…

THE Constitution of the United States of America allows bankruptcy to its citizens and residents to allow them to become productive again if they are saddled with accumulated debt. The…

What is timing? In life, as we all know, there’s such a thing called timing. Like the timing is right. Or, the timing is wrong. If the timing is right,…

THE client is a single mom and a professional with good six figures income. In 2018, a friend approached her with a business for sale. The client had never been…

SUNDAY is Christmas Day. The whole Christian world celebrates the birth of our Lord and Savior, Jesus Christ, 2020 years ago. Christians also celebrate the fact that God the Father,…

YOU never know what life brings. That’s why you need divine protection from the adversities that life brings us. I told you time and again to pray the rosary and…

THE Constitution of the United States of America allows bankruptcy to its citizens and residents to allow them to become productive again if they are saddled with accumulated debt. The…

THE client just turned 67 and has been working for 40 years at a job that pays him $70K a year. He retired two months ago so he doesn’t make…

HOW do I know that there’s a right time for you to file for bankruptcy and I am 100% sure of this? Well, I refer you to the Bible Ecclesiastes…