Are you having trouble paying your bills due to a high-interest car loan? You are not alone. In fact, auto loans make up $1.30 trillion of the total household debt. There are very high interest rate loans out there, some as long as 7 year loans. Moreover, about 33% of the people are behind on […]

When you hear the name Walt Disney, you probably think of the success of his theme parks and cartoons. What you may not realize is that Walt Disney also filed for bankruptcy. He started an animation company in 1920, Laugh-O-Gram Studios, to create animated cartoons. With a financial backer, the company began hiring staff. Sadly, […]

If you have found yourself in a position where you are considering using a debt negotiation company, there are several things that you should first consider. Promises Not Kept Debt settlement companies promise to save you money on debt repayment, but they often tack on hidden fees that add up quickly. In fact, you may […]

Do you work for a company that has filed for bankruptcy? If so, you may be concerned about what happens next. First, you need to find out is under which chapter your company filed bankruptcy. This will influence you in different ways: Chapter 7 In a Chapter 7 Bankruptcy, the company will sell off assets […]

Do you have more debt than you are able to repay? If so, you may be wondering what are your options. We have worked with many people in the same situation. So, what are your best options? Option 1: Do Nothing/Ignore the Debt Is this the best option? Well, if you have no income or […]

If you need assistance in the Los Angeles area, it can be overwhelming to know where to go. Our office has included a the following links to help point you in the right direction: Public Counsel If you are looking for help with legal services, you may want to look into Public Counsel’s services. They […]

If you and your spouse both have a lot of debt under both of your names, you may want to consider filing a joint petition. What are the Benefits? First, it can be less expensive to file a joint bankruptcy than to file two separate ones. In fact, you may save court filing fees as […]

Most people hear the word bankruptcy and assume the worst. But, what most people don’t realize that a bankruptcy can be a fresh start. In fact, did you know that President Lincoln filed for bankruptcy in 1833 before he became president? President Lincoln co-owned a general store with a friend. They purchased their store’s inventory […]

If you have an expiring Individual Taxpayer Identification Number (ITIN), you will want to renew your number right away. Your number could be one of 2 million that will be expiring at the end of 2019. Renewing your ITIN number can help you to avoid tax refund delays next year. As we have previously discussed, […]

According to a recent USA TODAY article, many seniors that took out reverse mortgages are now facing foreclosure. This is even more prominent in African American neighborhoods. So, are you in danger? First, you should know what a reverse mortgage is and how it works. So, How Does a Reverse Mortgage Work? A reverse mortgage […]