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May 2013 Archives

Credit card debt can cause California health risk

Virtually everyone has had a high credit card balance at one point in their lives. Many California residents know the sickening feeling of carrying high levels of debt from month to month, and the stress and worry that comes along with a worsening debt problem. One recent study suggests that credit card debt can have an even more sobering effect on one's health, and may inspire some to seek immediate debt relief.

Cancer leads to medical debt, leads to bankruptcy

California residents are aware that cancer is not only a serious medical concern, but is also poses a significant risk of financial distress. A recently released study confirms this assumption, and suggests that people who are diagnosed with cancer are more than twice as likely to file for bankruptcy as those who are not. This news may go a long way toward assuring individuals that medical debt often leads to the need to seek bankruptcy protection, and is not in any way an indication of a person's inability to manage their finances.

Former supermodel files for personal bankruptcy

A recent news article demonstrates that financial hardship can affect individuals from all walks of life, including those who have enjoyed wealth and fame throughout long careers. Many California residents will remember Janice Dickinson from her career as a fashion model in the 1970s. She has also appeared as a judge on the reality television show 'America's Next Top Model.' The former model recently filed for personal bankruptcy, in the wake of serious financial issues.

How Chapter 13 bankruptcy works

Residents of California often know that filing for Chapter 13 bankruptcy is a viable debt relief option, but may not understand exactly how the process works. One recently published piece aims to inform consumers about the process of working through a Chapter 13 bankruptcy process. As with any significant financial decision, researching one's options is the best way to approach the matter.

Should you borrow to file for personal bankruptcy?

Once a California consumer has made the decision to file for bankruptcy, the next step involves taking action to begin that process. One portion of the preparation is determining how to pay for the filing and legal costs associated with a personal bankruptcy proceeding. For many, long-standing financial troubles have depleted savings to the point that coming up with those funds presents a problem.

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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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Phone: 209-800-8962
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