Sacramento Bankruptcy Bust

A recent Sacramento bankruptcy bust shed light on one of the basics of bankruptcy.  Tell the truth!  Filing bankruptcy is a powerful tool.  It allows you to eliminate debt you are unable to afford.  After filing for bankruptcy creditors can no longer

Sacramento Bankruptcy Basics

Sacramento bankruptcy basics is a primer post for those considering filing for bankruptcy.  Bankruptcy can be a hard decision.  A really hard one.  But bankruptcy can bring relief.  Lots of it.  The most basic equation for those thinking of

Credit Card Debt Forgiveness

Are you in credit card debt?  If so, you are not alone.  Credit card debt is on the rise, and it is growing.  Take a look at this CNBC story to see the rise.  Credit card debt forgiveness is also increasing.  But how?  Why

Discharge Student Loan?

Can you discharge student loan debt? Maybe. Ordinarily student loans cannot be discharged through bankruptcy. Meaning that student loan debt cannot be eliminated through a bankruptcy filing and discharge. Other types of debt can be discharged, or eliminated, in bankruptcy

Too Much Credit Card Debt?

Do you have too much credit card debt?  If so, you are not alone.  Credit card debt recently surpassed one trillion dollars for US consumers.  That's a lot!  An ABC news story depicts the deepening American debt load.  What, then, to

Financial Stress

Financial stress is, well, stressful. That is not news to millions of Americans coping with money woes. This Forbes article points out the percentage of Americans who are struggling to make financial ends meet. It is a tough task.

Much of the advice given out to counter financial

Common bankruptcy myths are many.  But they shouldn't deter filing for bankruptcy for those in need.  Why?  Because they are not true.  Bankruptcy is a powerful financial tool for those unable to afford their debts.  Your debts can be eliminated or, at the least

Bankruptcy Plan

Bankruptcy plan. What is it? Bankruptcy is a legal tool that allows you to eliminate your debt. Sometimes all your debt. Sometimes some of your debt. Each bankruptcy filing is different. But the basics for all bankruptcies remain the same. When you can’t repay the debt you owe

Debt or Discharge?

Debt or discharge, that is the question. But what does it mean?  Simply put, its a decision.  It's a decision whether to live with debt or without it.  Discharge is the end result of a bankruptcy.  When you file bankruptcy, here in Sacramento or elsewhere

Sacramento Bankruptcy Statistics

Sacramento bankruptcy statistics have been telling the past decade. Bankruptcy filings peaked in 2010. Over 50,000 bankruptcy filings were reported in Sacramento that year. The bankruptcy court in Sacramento is the United States Bankruptcy Court. It serves the