• Home
  • Bankruptcy in Brief
  • ABC’s of Bankruptcy
  • Considering Bankruptcy
  • True Stories
  • Chapter 13
  • Blog
  • About Us

Northern California Bankruptcy Lawyer

On The Bankruptcy Soapbox

The Soap Box
  • How bankruptcy works
  • Mortgage Matters
  • Consumer Rights
  • Newsworthy
  • You & Your Lawyer
  • Small Business
  • Family Law

Congratulations To Sergio Garcia, New California Lawyer

By Cathy Moran

  Welcome to the California Bar, Sergio Garcia.  Brought to this country as a teen by his father, Garcia is still waiting after 10 years for his green card. Meanwhile, he graduated from university and law school, and passed California’s notoriously difficult bar exam.  But it was unclear whether an undocumented person was eligible for […]

Filed Under: Newsworthy

Live Help To Keep Your Bay Area Home

By Cathy Moran

Homeowners in trouble with their Bank of America mortgages can get live, face-to-face help this week in San Jose. The event is aimed at preventing foreclosure. July 16-18 from 8 a.m. to 8 p.m. at Parkside Hall, 180 Park St., San Jose, bank personnel will work with homeowners on their mortgage options. An appointment is […]

Filed Under: Newsworthy

California Exemptions Increase April 1

By Cathy Moran

Today, April 1, and apparently not a moment before, the Judicial Council has released the new California exemptions reflecting the cost of living adjustments. EJ-156  sets out both the dollar amounts of the California bankruptcy exemptions found in Code of Civil Procedure 703.140 and those CCP 704 subsections where the dollar amounts were increased. Bankruptcy exemptions […]

Filed Under: Newsworthy

New venture for new bankruptcy lawyers

By Cathy Moran

I’ve launched a new web site, www.bankruptcymastery.com, dedicated to being a resource for lawyers new to the practice of consumer bankruptcy law.  I envision it as being a tool to learn, systematically, those things beyond the Code that are necessary to be an effective bankruptcy lawyer. I’ve been mentoring an increasing group of local young […]

Filed Under: Newsworthy

Mortgage modification as subsidy by taxpayers

By Cathy Moran

The bankruptcy mortgage modification provision, headed to the Senate this week, is a bargain to taxpayers next to the “voluntary” mortgage modification programs instituted by the administration. HR 1106 involves no taxpayer money;  it strips the special interest provision sheltering banks from  home loan modification.  The costs of changing the mortgage so that the debtor […]

Filed Under: Newsworthy

Mortgage Modification and Moral Hazard

By Cathy Moran

The NBC Sunday morning new shows  were again talking about moral hazard as applied to efforts to stem the tide of foreclosures.  This concept looks at the message we send when we rescue a homeowner who took out a bad loan and give nothing to the prudent homeowner who didn’t take an exploding ARM loan. […]

Filed Under: Newsworthy

IRS warns of credit counseling fraud

By Cathy Moran

The IRS’s list of its annual “Dirty Dozen” tax frauds includes credit counseling. Credit Counseling Agencies. Taxpayers should be careful with credit counseling organizations that claim they can fix credit ratings, push debt payment plans or impose high set-up fees or monthly service charges that may add to existing debt. The IRS Tax Exempt and […]

Filed Under: Considering Bankruptcy, Newsworthy

  • « Previous Page
  • 1
  • 2
Coronavirus & Your Finances

About The Soapbox

You've arrived at the Bankruptcy Soapbox, a resource of bankruptcy information and consumer law.

Soapbox is a companion site to Bankruptcy in Brief, where I try to be largely explanatory and even handed (Note I said "try").

Here, I allow myself to tell stories and express strong opinions on how I think law should work for the consumer and small businesses when it comes to debt.

Moran Law Group
Bankruptcy specialists for individuals and small businesses in the San Francisco Bay Area

How Bankruptcy Works

The Biggest Lie About Bankruptcy

Read anything about Chapter 7 and you get, "Your possessions are sold in Chapter 7 bankruptcy." That is, flat out, the biggest lie about bankruptcy. It's a liquidation proceeding and your stuff will be sold to pay creditors, the lie goes on. No wonder people are scared off from getting relief from debts … Read more

More Posts from this Category

643 Bair Island Road
Suite 403
Redwood City, CA 94063
Phone: (650) 694-4700

Categories

All content copyright © Moran Law Group. All rights reserved.