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UncategorizedNew enacted Exemptions to protect homes in Chapter 7 bankruptcy

October 19, 2020by RaxterLaw

New California Law Grants Homeowners Greater Bankruptcy Protection For many financially stressed California homeowners, fear of losing their home to foreclosure has kept them from filing for Chapter 7 bankruptcy to ease their debt load. However, California enacted new legislation in September that allows homeowners who file for Chapter 7 bankruptcy to retain up to...

BankruptcyBankruptcy Explained

January 21, 2015by RaxterLaw

BANKRUPTCY EXPLAINED Whenever the economy suffers, the word bankruptcy gets tossed around. Anyone can experience trouble with finances including celebrities, athletes, politicians, business leaders and other prominent public figures. Every day on the news we hear reports of people (famous or not) dealing with financial problems stemming from divorce, medical conditions, mortgage foreclosure, credit problems,...