When a California consumer experiences financial difficulties, managing the monthly budget becomes a difficult balancing act requiring the ability to judge which bills must be paid now and which can wait another month. In many cases, errors are made and a check is...
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Personal Bankruptcy
Personal bankruptcy could lead to savings through greener living
California residents who are emerging from a bankruptcy filing have a lot to look forward to. The days of endless stress over unpaid bills, harassment by debt collectors and a growing sense of instability can all be alleviated by the discharge of a majority of one's...
Seniors seek debt relief from burden of student loans
Many adult students in California have returned to college to seek a new degree or to complete a course of study abandoned long ago. Others are there to acquire new skills that can help them compete in today's workforce. While continuing one's education is always a...
Life after personal bankruptcy: Best credit card options
California consumers who are facing a bankruptcy proceeding often have many misconceptions about life after bankruptcy. Among these is the fear that access to new lines of credit will be closed to them for a lengthy period of time. However, credit card options are...
Buying a home following a personal bankruptcy filing
California residents who are buried in consumer debt and looking for relief may find comfort in a new report that focuses buyers who are shopping for new homes following past foreclosures or personal bankruptcy filings. Real estate agents and mortgage brokers report...
Bestselling financial advice author files Chapter 7 bankruptcy
In tough economic times, many consumers in California and across the nation struggle to maintain control of their financial circumstances. Business owners and entrepreneurs also face the same struggles, although often on a larger scale. The recent recession has led...
California couple arrested for debt relief scam
The recent arrest of a California couple has placed a spotlight on the issue of consumer scams in relation to bankruptcy. The pair allegedly ran a debt relief business that defrauded consumers of as much as $120,000. The story is a cautionary tale for consumers who...
Hockey team changes ‘bankruptcy’ promotion after outcry
The management of a minor league hockey team apparently thought it would be funny to hold an "Our City Isn't Bankrupt" promotion for when the Stockton Thunder come to town on Dec. 27. But when few thought that mocking people's financial difficulties is less than...