Sacramento Bankruptcy & Debt Relief Blog

Sacramento Bankruptcy & Debt Relief Blog

From the Law Office of James L. Keenan, this blog offers hands-on advice, current news and useful insights on filing bankruptcy and eliminating debt in Sacramento — with personal service since 1995.

Get in touch for a free consultation and the help you need, when you need it.

Latest Blog Posts

Get Out of Debt

Debt can be crippling, and many Sacramento residents are living with it as conditions get worse. A recent news story shares tips for easing your debt dilemma, but those options assume you have money to at least pay down what you owe. What if you don't? Keep reading for guidance.

Categories: Bankruptcy Benefits, Credit Card Debt, Debt Elimination, Debt Relief

Fast Financial Fix

A fast financial fix may sound like a scam slogan, and sometimes it is. Still, legitimate options exist that let you repair your finances quickly — bankruptcy is one of them, and it is far from a scam. It is a conservative legal process for eliminating your debt.

Categories: Uncategorized, Credit Improvement, Debt Elimination, Debt Relief

Bankruptcy Refiling

Can you file bankruptcy again? Potential clients ask this often, and the answer is yes. How a later filing affects you depends on how much time has passed since your last bankruptcy and how the earlier case was handled.

Categories: Bankruptcy Benefits, Bankruptcy Process, Bankruptcy Filing

Bankruptcy Obligations

Bankruptcy comes with many obligations, but also many benefits. One of the most basic requirements is disclosing all your debts and all your assets. Listing debts is obvious — the point of filing is debt relief — and how you list them in your bankruptcy paperwork matters.

Categories: Bankruptcy Benefits, Bankruptcy Fraud

Senior Bankruptcy Benefits

For some, bankruptcy is a last financial resort, but it can be a good one. It lets you reduce or, in many cases, eliminate your debt while protecting assets — a clear benefit. For seniors, the benefits can be even greater, as this New York Times article explains.

Categories: Bankruptcy Benefits

Free Consultations

Consultations to review your bankruptcy options are always free.

Categories: Attorney Message

Debt Consolidation Scams

Watch out for debt consolidation scams. It may not be Shakespearean advice, but it is worth heeding. People in debt are also in need — in need of getting out of debt. When you can't afford the debt you have, few options remain, especially for those on a fixed income.

Categories: Bankruptcy Alternatives, Debt Relief

Credit Card Relief

If you owe more than $8,000 in credit card debt, you are not alone. According to this news report, the average American household owes more than $8,000 in credit card debt, and levels are soon to exceed those before the Great Recession. That's a lot.

Categories: Credit Card Debt, Debt Relief

Sacramento Bankruptcy Protection

Debt is rising in Sacramento and elsewhere. Bankruptcy protection may be an option for many looking for solutions to their financial troubles, or simply a way out. Bankruptcy is a legal option, and a good one for those in need — it lets you eliminate debt.

Categories: Bankruptcy Benefits

Credit Report Accuracy

Credit report accuracy may not be as accurate as you think. Consumers often rely on credit reports and scores to establish credit — mortgages, car loans and credit card accounts are common examples of creditors who check consumers' credit scores before extending credit. The better the score, the better your chances.

Categories: Uncategorized, Credit Improvement, Bankruptcy News

When to File Bankruptcy

When to file bankruptcy is a common consumer question, and there is no one-size-fits-all answer. The need to file is often prompted by similar debt circumstances, though. The biggest factor is simple: can you afford your debt? If not, bankruptcy should be an option.

Categories: Bankruptcy Process, Bankruptcy Filing

Bankruptcy Credit Repair

Bankruptcy credit repair is a path to a fresh financial start. A common misconception is that filing bankruptcy only hurts your credit. It doesn't. Filing bankruptcy, whether in Sacramento or elsewhere, is a way to eliminate debt — and that is good for your credit.

Categories: Bankruptcy Benefits, Credit Repair

Mounting Consumer Debt

Debt is on the rise. This recent Bloomberg article reflects the mounting consumer debt in America, and Sacramento consumer debt is no different. The article shows trends in consumer debt, analyzing debts aside from mortgages, and the trend is clear: consumer debt is up.

Categories: Bankruptcy News

Debt Resolution

Did you make a resolution at the start of this year? Do you have debt? Perhaps you should make a debt resolution. If you owe more than you can afford to repay, make this the year you do something about it. There is a lot of new consumer debt, as this NBC news story reflects.

Categories: Debt Elimination, Debt Relief

Bankruptcy Protection

Bankruptcy protection is often the reason people file. Filing triggers an automatic stay — a legal term meaning you are protected from your creditors once you file. But protected from what? Well, everything. The bankruptcy automatic stay shields you.

Categories: Bankruptcy Benefits, Debt Elimination

Debt Stress Relief

Debt is stressful — very stressful. Anyone living with debt knows this. But debt stress relief is possible. During the Great Recession, debt was rampant, leaving millions looking for relief. After that financial collapse, credit dried up, temporarily ending credit concerns for many.

Categories: Bankruptcy Benefits

Payday Loan Debt

Payday loan debt is a problem — a big one. As the payday loan industry rivals fast food restaurants in numbers, the problem keeps growing. Payday loans are borrowed against your paycheck and can be taken against any postdated check you write.

Categories: Bankruptcy Benefits, Payday Loans

Rising Credit Card Debt

Rising credit card debt is a byproduct of the improved economy. According to a CBS News report, credit card debt has surpassed a trillion dollars nationwide. That's a lot. The more the economy grows, the more credit becomes available — and with it, debt. Credit is beneficial in generating growth.

Categories: Bankruptcy Benefits, Credit Card Debt

Bankruptcy Debt Elimination

Get out of debt. Now! A recent report highlights the urgency of eliminating debt through bankruptcy.

Categories: Credit Card Debt, Credit Improvement, Debt Elimination

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Practice Areas & Contact

• Bankruptcy help in California
• Sacramento personal injury law
• Conservatorships & guardianships