On behalf of Bird & Van Dyke, Inc. - A Professional Law Corporation | Jan 28, 2020 | Chapter 13, Chapter 7
Whether to file or not file for bankruptcy in California is a very personal decision. Chapter 7 and Chapter 13 are both consumer bankruptcy options versus Chapter 11, which is for businesses. If you have a significant amount of debt and cannot continue making loan...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Feb 5, 2014 | Chapter 7, Firm News
Overall, the debt that consumers owe in the United States amounts to billions of dollars. From overspending to living off credit cards because of unexpected life circumstances, many consumers have racked up a large amount in debt. This can leave many feeling...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Nov 14, 2013 | Chapter 7, Firm News
Borrowers have been drowning in student loan debt for a considerable amount of time. Each year, the amount of student loan debt in California keeps on rising. While student loan debt itself is generally not dischargeable in bankruptcy, certain borrowers may be able to...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Oct 23, 2013 | Chapter 7, Firm News
Sister collection agencies have received a large fine after sending millions of text messages to consumers for debts owed. Under the law, expressed consumer consent is needed before texts are sent. California consumers can avoid these types of debt collection...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Sep 26, 2013 | Chapter 7, Firm News
A restaurant has filed bankruptcy after sales declined for a period of two years. The business has been taken over and is now under new ownership. The business filed for Chapter 7 bankruptcy protection in California and has sold some of their assets to pay off their...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Aug 29, 2013 | Chapter 7, Firm News
When it comes to bankruptcy, homeowners may have fears as to what will happen to their homes when discharging their debts, especially when they believe their homes do not have much value. In that event, the fear may sometimes hinder California homeowners from filing...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Aug 23, 2013 | Chapter 7, Firm News
Many struggling consumers have been intimidated into paying their debts by collection companies posing as lawyers and other officials. The federal trade commission has stepped in to put a stop to illegal debt collection practices in California. A lawsuit has been...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Jun 4, 2013 | Chapter 7, Firm News
With uncertainty still looming over the recovering economy, it can be easy for an individual to find themselves behind on their financial obligations. Even those who have made a fortune in their professional life can face a wide range of financial struggles that can...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Mar 21, 2013 | Chapter 7, Firm News
California consumers who are struggling under heavy loads of debt should understand that there are resources available to ease that burden. Financial difficulties can be overwhelming, leaving many to feel as if relief is not an option. However, lasting debt relief is...
by Bird & Van Dyke, Inc. - A Professional Law Corporation | Feb 26, 2013 | Chapter 7, Firm News
Once a California resident has made the decision to file for bankruptcy, the next step is determining the best time to move forward with the filing. The optimal timing is different for everyone, and depends on one’s overall financial scenario. When it comes to...
