Law Office of James L. Keenan
Help when you need it
Personal service since 1995
Rapper 50 Cent filed for bankruptcy protection this past sumer. In spite of his bankruptcy status, Curtis Jackson, his real name, posted pictures to social media posing in front of stacks of cash. As reflected in my recent post, if that cash was not disclosed, 50 Cent could be
Medical care continues to be one of consumers’ biggest costs. Understandably, then, medical insurance is vital. Health insurance holes, though, can leave some exposed. Health insurance may not cover some costs or other procedures. It may cover more but come with higher
Eliminate credit card debt through bankruptcy or pay it off? That is the question. For many consumers, though, it is a loaded question. They would like to pay off their credit card debt, but they can’t. And they know it. What, then, to do? Eliminating (or discharging
Is Kanye West filing bankruptcy? He could. But we’ll see if he does. The point of this post is that someone worth a purported $100 million can file for bankruptcy. Normally such wealth doesn’t warrant a bankruptcy. With $50 million in debt, though, maybe it will.
The
You can have student loans, and you can file bankruptcy. But getting rid of a student loan though bankruptcy is a tough trick. Not that you can’t do it. But eliminating student loans in a bankruptcy is hard. Perhaps I should say hardship. That, though, is what it takes to
A mortgage is a secured debt. If it is not repaid, the property securing the debt can be taken back by the lender. Typically a foreclosure results when the mortgage is not made. Foreclosures are addressed in other areas of this website. Suffice it to say for this
Bankruptcy conversion is changing the chapter of your bankruptcy filing after you have already filed. Types of bankruptcy are organized by chapters of the federal law that created them. Though there are many types of bankruptcy chapters, the
Bankruptcy credit counseling is a requirement of the bankruptcy system. It mandates that someone who files bankruptcy must undergo credit counseling before filing bankruptcy and, again, after filing but before the bankruptcy is discharged. It is not difficult to do, nor
Bankruptcy does not normally allow for the discharge of student loans. Only under an extreme hardship can a student loan be discharged. These guidelines give the degree of difficulty of eliminating student loans through bankruptcy. Unemployment and other debt obligations
Medical bills are the prime factor for filing bankruptcy in the United States. According to the Huffington Post, as well as numerous other sources, it is the main reason.
Medical bills prompt bankruptcy filings for a variety of reasons, not the least of which is the high
The bankruptcy Means Test was a qualification standard adopted by Congress in 2005 for bankruptcy filers. It essentially determines whether you qualify for a bankruptcy liquidation, better known as a Chapter 7 bankruptcy. If you do not qualify for a Chapter 7
Bankruptcy is an option to eliminate or reorganize your debt. There are other alternatives besides bankruptcy, though. Debt relief companies and agencies can help, but be cautious taking this route.
Many debt relief companies and agencies promise to
Sacramento Bankruptcy: Donald Trump Filed 4 Times (Don’t Be Deterred by a Supposed Bankruptcy Stigma)
Bankruptcy is a powerful tool to eliminate or reorganize your debt. When your debt is beyond your ability to repay, bankruptcy can be a way out.
Individual debt relief is no different than a business
Credit card debt is one of the most common forms of debt for bankruptcy filings in the Sacramento region.
There are a number of reasons credit card debt can cause bankruptcy. The ease of ability to obtain credit card debt is first factor to consider. Often
If you are facing foreclosure of your home, there are some basics you need to know.
A foreclosure does not mean your home is sold. Your house is still yours. A foreclosure is notice warning you of a mortgage delinquency. If you do not come current with your
Get the latest in bankruptcy news from The Wall Street Journal. Learn about bankruptcy changes and trends on the national front. For what to know about Sacramento bankruptcy, schedule a free consultation today!
Bankruptcy is a reflection of credit and the debt that goes along with it. As the economy slowly improves, credit is reemerging and, along with it, a confidence to use it. When that debt cannot be managed, bankruptcy may be a
Medical care and prescription costs are some of the most common expenses facing consumers considering bankruptcy in today’s economy. Costs for medical care and prescriptions are outpacing incomes, particularly fixed incomes. The retired
With the start of the playoffs, ratings and revenue surge in the NFL and, along with it, players earn bonuses beyond their salaries. Those riches, though, are temporary. The average career in the NFL is less than 4 years. When football
Credit card debt interest cost for the average consumer in 2015 exceeded $2,600 according to a recent survey. Eliminating credit card and other consumer debt was the crux of the survey’s conclusion for consumers to regain financial stability. Money spent
WE ARE OPEN DURING COVID-19
My office remains open during the pandemic. Remote consultations and personal (socially-distanced) meetings are available. I am able to meet in person, over the phone, FaceTime, Zoom or any other remote application