Like a sleeping bear, long-silent second mortgages hibernate in people’s houses these days. They are quiet, a snoozing predator, just waiting for spring. And it can be bloody when those sleeping mortgages awaken hungry and look around for something to fill its pocket. Here in California the coming slaughter is particularly noticeable because the value […]
Strictly California
California Bankruptcy Law Is All Our Own
California Bankruptcy law is a lot like a unicorn....appealing but imaginary. Instead, we have bankruptcy in California, where the landscape is shaped by community property; state exemptions, large mortgages, and the 9th circuit court of appeals. Like … Read Full Article
Does Bankruptcy Discharge A Judgment In California?
Nothing gets a person into a bankruptcy lawyer's office quicker than being served with a lawsuit. The prospect of losing a lawsuit and having a judgment entered against them terrifies. Callers are frantic to see if they can file bankruptcy … Read Full Article
Collection Suits and Court Dates
Those in financial difficulty are frequently not operating at their peak. I know that. But for the life of me, I can't understand how the recipient of a summons and complaint from a California court can read the papers and absorb only that they have a … Read Full Article
