The cruelest trick played on homeowners trying to modify their mortgage was dual tracking. One side of the bank assured the borrower that their loan modification application was being considered and they didn’t need to worry. All the while, the other side of the bank was conducting a foreclosure sale. The borrower wakes up […]
Strictly California
Get A Voodoo Discharge Without Filing Bankruptcy
One of the great mysteries of debtor/creditor law is the community property discharge in bankruptcy. When only one spouse files bankruptcy in a community property state like California, the non filing spouse reaps bunches of benefits that creditors can't … Read Full Article
Bankruptcy Means Test: New Numbers, Little Impact For Bay Area
We have new numbers! The new income figures for California used in bankruptcy's means test have become effective for cases filed after May 1, 2019. They won't create the same stir as the Powerball jackpot, but they are the starting place for people in need … Read Full Article
Collection Law Suits in California
A prospective bankruptcy client often arrives in my office because a creditor is hot on their heels. They've been sued for debt and they are panicked about the consequences. Almost invariably, the client has leapt to two incorrect assumptions: the … Read Full Article
