You’ve finished your Chapter 13 and emerged from bankruptcy with your home loan current. But your credit report is a blank page as to your mortgage. The mortgage servicer isn’t reporting your payments to the credit reporting agencies [CRA’s]. Nothing. Nada. Crickets. So, even though you’re making regular payments, you’re not visibly rebuilding your credit. […]
Strictly California
California Homestead Exemption: The Truth Isn’t What You Think
"They can't take my house, whatever happens. Right?" The young man in my office "knew" how the California homestead works: he insisted that his home was exempt as a California homestead, even if he filed bankruptcy. He "knew" that credit card debt … Read Full Article
California Community Property Creates A Marital Threesome
Sounds kinky, doesn't it? Three players in a marriage. Sharing. Everything. Only this is something you can talk about openly, without blushing: community property. Community property is the default property arrangement in California for a married … Read Full Article
California Garnishment Now Provides Greater Protection Of Wages
Workers making close to the California minimum wage got additional protection from wage garnishments under a change in the law effective back in 2013. With the annual increases in the state minimum wage, in 2019 California law now protects an … Read Full Article
