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April 2013 Archives

Personal bankruptcy source of shame for many in California

Life is full of ups and downs. Many times, challenging financial times can take people by surprise. This certainly happened as a result of the recent recession that affected people all over the country, including California consumers. Many people found themselves facing overwhelming debt but were afraid to file for personal bankruptcy, even when it would have been the best financial decision for them to make.

Financing college could lead to need for debt relief

With the onset on spring comes the time for families to take to the roads to visit college campuses with their teenage children. This is a time for excitement and hop, as young people in California plan for their future studies. This is a time of planning for parents, as well, as many consider how best to pay for the college dreams of their high school students. The means by which a college education if financed can be of serious consequence to both parents and students, and can lead some to seek debt relief in the years to come.

Medical bills behind recent Strike Debt protests

California readers are likely aware of media coverage of the recent protest actions of the group Strike Debt. The group is an offshoot of the well-known Occupy Wall Street movement, and has recently organized a number of events aimed at drawing attention to the failing of the current health care system in our nation. Staggering medical bills and enormous corporate profits are the focus of the movement.

Student loans, credit card debt leads to bankruptcy for some

The cost of obtaining a college education is sizable, and seems to only increase every year. Some analysts believe that the reason behind the high cost of higher education may be the 'easy money' mindset brought on by the availability of student loans. For many in California, student loan debt, combined with credit card debt, is creating an unsustainable financial scenario which could lead to the need to seek bankruptcy protection in years to come.

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Stockton Office
2111 West March Lane, Suite B 300
Stockton, CA 95207

Phone: 209-390-8877
Fax: 209-478-9954
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Tracy Office
1138 Parker Avenue, Unit B
Tracy, CA 95376

Phone: 209-800-8962
Fax: 209-478-9954
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