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Chapter 7 Bankruptcy Articles

Chapter 7 Bankruptcy Articles

Chapter 7 Bankruptcy Articles

Chapter 7 bankruptcy articles so you can learn all about the pros and cons of filing Chapter 13 bankruptcy written by founding attorney, Norma Duenas.

Chapter 7 bankruptcy is a considered a ‘liquidation bankruptcy’ as it wipes out most or all of your general unsecured debts such as credit cards and medical bills without the need to pay back balances through a repayment plan as you would have in a Chapter 13 Bankruptcy.

How do you qualify for Chapter 7 bankruptcy?

To qualify for a Chapter 7 bankruptcy, the debtor must earn less than the state median income on a monthly basis and submit to a “means test.’ The means test examines your financial situation, including income and expenses, along with secured debts (mortgages and car loans) and unsecured debts (credit card bills, personal loans, medical bills, etc.).

Free Phone / Office Consultations

Orange County bankruptcy attorney, Norma Duenas, offers FREE phone and in-office consultations. To have a a phone consultation or to schedule and office ‘sit-down’ meeting, call (866) 337-7220. Southern California
Law Advocates, P.C. has office locations in Santa Ana (Orange County) and Temecula (Riverside County) for your convenience.

Does Filing Bankruptcy Stop a Rental Eviction?

Filing for bankruptcy can slow down or stop an eviction process. It is important that you file bankruptcy prior to a judgment for eviction being entered.

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Family Court Exceptions to the Automatic Stay

How does the automatic stay affect child support, alimony and divorce? The automatic stay can protect you from collection of past due child support in a Chapter 13.

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Debts That Are Not Discharged in Bankruptcy

Certain categories of debt are never discharged in bankruptcy. Whether certain debts like taxes, student loans or fines are discharged depends on meeting specific requirements.

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Are Student Loans Non-Consumer Debts Allowing a Chapter 7 Case?

Are student loans consumer debt or non-consumer debt? How they are treated in bankruptcy can affect your ability to qualify for a Chapter 7 bankruptcy.

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Does California State Court Judgment on a Debt Make It Non-Dischargeable in Bankruptcy?

A judgment entered against you in California state court may make it difficult to discharge the debt in bankruptcy under certain circumstances.

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Does a California State Court Judgment on a Debt Make that Debt Not Dischargeable in Bankruptcy?

A judgment entered against you in California state court may make it difficult to discharge the debt in bankruptcy under certain circumstances.

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Protect California Contractor License by Filing Bankruptcy

Filing for bankruptcy protection can help you reinstate or stop the suspension of your California contractor’s license.

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How a Judgment Can Result in Suspension of California Contractor’s License

How a Judgment Can Result in Suspension of Your California Contractor License, and How to Prevent This

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Who is a Non-Statutory Insider for Preference Purposes?

How do the courts define or determine who is an insider for preference purposes in bankruptcy? What is the standard that is used to determine who is an insider?

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Preventing or Defending a Preference Challenge by the Bankruptcy Trustee

There are steps you can take to avoid a preference action in your bankruptcy case. There are several preference defenses available to you in bankruptcy.

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Avoiding the Means Test if Your Student Loans Are Non-Consumer Debts

You may be able to qualify to file for Chapter 7 bankruptcy protection if your student loans are determined to be non-consumer debt. Your student loans my help you avoid the means test all together.

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SBA Loans and the Statute of Limitations

The government has a 6 year statute of limitations to file suit to collect an SBA loan. There is no time limit to collect on the SBA loan using the Treasury Offset Program.

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