If you get collection calls about old debts, be very careful. Why?
Should you pay your creditors if you're going to file bankruptcy?
If the best way out of your struggling financial situation is to file bankruptcy, should you continue to pay your creditors? The answer is important, but not black-and-while. Let's take a look at this.
My parents died and now their creditors are calling me to pay their debts!
When your parents die owing money, are you responsible for paying that money back? (more…)
Is a creditor suing you? Consider that a wake-up call.
Last week we looked at what actions you might take if a creditor sues you. Today we'll take a quick look at treating that lawsuit as a wake-up call.
Wait until you're sued to file bankruptcy, or file earlier?
Many people wait until they're sued by a creditor to file bankruptcy. After all, filing bankruptcy stops all creditor actions against you, including lawsuits. But if your financial life is "going South", should you wait that long to file bankruptcy?
(more…)Do I need bankruptcy to protect my money and other stuff from creditors?
In California, since you get exemptions to protect some of your money and property from creditors if they sue you, do you need to file bankruptcy to protect your money and property?
You just negotiated a $10,000 debt down to $2,000!
You just negotiated a $10,000 debt down to $2,000. Isn't that great? (more…)
Quality-of-life signs that it may be time to file bankruptcy
What are some warning signs of undesirable behavior and quality of life that might signal that it's time to think about filing bankruptcy? (more…)
I just filed bankruptcy. Where's my money???
If you're considering filing bankruptcy, there is a series of traps that may be ready to spring and catch you; actually, catch your money. (more…)
Bankruptcy presentation with Legal Karma
Malcolm Ruthven joined Margarita Guzman, Director of Legal Karma (legalkarma.com), in a presentation titled "Dealing with Creditors and Bankruptcy" on Monday, May 4, 2009, at Eastmont Branch Library in Oakland, California. Margarita presented the "Dealing with Creditors" part and Malcolm presented the Bankruptcy part. It was free and open to the public. For the flyer for the event, click here. You'll need to have Adobe Reader on your computer; to download Adobe Reader, click here.