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...
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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...
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...
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...
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...
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,...
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...
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...
Medical debt a factor in more than half of bankruptcy cases
Experiencing an unexpected illness or injury can be life-altering. It can take a significant amount of time for a California family to adjust to the new reality that follows certain types of medical issues. Even more sobering for some is the financial fallout of a...
For many, benefits of Chapter 7 outweigh Chapter 13
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...
