Gale, Angelo, Johnson & Patrick P.C.
The student loan discharge in bankruptcy landscape has recently undergone a monumental transformation, ushering in renewed hope for student loan borrowers burdened by years of substantial student loan debt. Recent guidelines implemented by the Department of Justice have paved the way for a more accessible and streamlined process, offering potential relief to borrowers weighed down …
Navigating the Evolving Landscape of Student Loan Discharge in Bankruptcy Read More
Filing for bankruptcy is often a complex and overwhelming process, especially for small business owners who may have taken out Small Business Administration (“SBA”) loans to finance their ventures. While SBA loans can provide critical support to entrepreneurs, they can also complicate the bankruptcy process because of personal guarantees and potential liens. Here we’ll explore …
Navigating SBA Loans in Personal Bankruptcy: What to Know About SBA Loan CramdownsRead More
Let’s cut to the chase, filing a bankruptcy case is not without consequences. If you don’t know anyone who has filed, it can be scary and pose a lot of unanswered questions. What will happen to my credit? Will I ever be able to buy a house or a car? Who decides what I can …
There is nothing more uncertain and stressful than financial turmoil and instability. Many people believe that they will lose everything if they file for bankruptcy and that their credit will be ruined for years afterward. The truth is that the bankruptcy code provides an efficient and fair system to alleviate financial stress of the American …
Can I Use My Tax Refund to Pay My Bankruptcy Attorney?Read More
Every homeowner in California who struggles with debt has the same concern: protecting their home while getting relief from other debt like credit cards, medical bills, or personal loans. Under a new bill signed into law by Governor Gavin Newsom on September 18, 2020, Californian homeowners will be able to protect significantly more of the …
How to Protect your Home Under California’s New Homestead Bankruptcy ExemptionsRead More
Many couples decide to get divorced and have substantial financial issues prompting the need to file for bankruptcy or continue with the debts. The main concern is, when should a couple consider filing for bankruptcy? It would be in the parties’ best interest to consult a bankruptcy attorney and then a family law attorney for …
We’re Broke. Should my wife and I file bankruptcy before or after we file for divorce?Read More
Jared and Reina have been married in California for 10 years and decided to file for divorce. Jared works for the State and Reina works for a private marketing firm. They both have acquired substantial assets during their marriage but are struggling to pay their bills. Should the couple file for bankruptcy before or after …
Should I File for Bankruptcy Before or After My Divorce?Read More
