Even After Your Bankruptcy, You May Still Owe Money to Your Homeowners Association

Posted by on Mar 5, 2012 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many homeowners in Southern California are surprised to find that they are being forced to pay for back due homeowners association fees even after their debt has been discharged in bankruptcy. The bad news is that homeowners will continue to be liable for the homeowners association fees even after bankruptcy and those fees will continue to accrue until the homeowner no longer owns the...
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Bankruptcy and Your Credit Score

Posted by on Mar 29, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many individuals are worried that filling for bankruptcy will adversely affect their credit score. What most people don’t realize is that by the time individuals can really benefit from filing a bankruptcy petition, their credit score has already taken a beating and has fallen to an all-time low. Think about it: each time you miss a credit card bill payment or your mortgage payment, these...
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Married and Filing Separate in Bankruptcy, Part 3 of 3

Posted by on Mar 24, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Whether or not you should file a joint petition with your spouse or a single petition on your own depends on a variety of factors including the type of debts you owe, type of property you and your spouse own, whether or not the property you and your spouse own will be characterized as community property or separate property, and the amount of joint debt you and your spouse owe. Filing a single...
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Married and Filing Separate in Bankruptcy, Part 2 of 3

Posted by on Mar 22, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments In a community property state like California, when a spouse files for bankruptcy, the non-filing spouse may be forced to deal with some negative repercussions. This is because in a community property state, the state has specific laws that determine what property is and is not community property. What you or your spouse think is community or separate property is irrelevant. California law is...
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Married and Filing Separate in Bankruptcy, Part 1 of 3

Posted by on Mar 21, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many married individuals contemplating filing for bankruptcy overlook certain issues when only one spouse files for bankruptcy, especially in a community property state like California. In community property states, there are special rules in place for property acquired and income earned by you and your spouse during your marriage. There are currently only ten community property states in the...
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