2022-06-05 15:50
On April 1, 2022, the Department of Justice adjusted the thresholds for essential living expenses to reflect a national standard for all bankruptcy cases filed in the United States. These th… Read More
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Law Office Of Seth L. Hanson Bankruptcy Blog
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The legal blog of a Sacramento Bankruptcy Attorney supplying weekly information on debt, bankruptcy, loans, retirement, wage garnishment, and more.
2022-05-25 15:33
One of the main elements used to determine if you qualify for chapter 7 or 13 is household income. Depending on household size, the means test permits debtor(s) to earn up to a certain amoun… Read More
2022-05-11 20:41
In April of 2022 the Bankruptcy Court implemented an increase in allowable bankruptcy exemptions on certain types of property. This is a recap of the more significant changes made to the exe… Read More
2022-04-22 20:34
In every bankruptcy case the “debtor” or person filing bankruptcy, will have to appear at what is called a “Meeting of Creditors” or “341 Meeting”. Many o… Read More
2022-04-04 20:57
Chapter 7 bankruptcy filers in California receive some flexibility on which types of property that they would like to protect from liquidation. Californians are afforded two sets of “e… Read More
2022-03-31 20:57
Much has been written about the global supply shortages which have made finding an affordable vehicle a very difficult task. In January 2022, Kelley Blue Book reported that the average price… Read More
2022-03-20 20:48
I often get asked what happens to car loans in bankruptcy. There are a few different approaches to treating vehicles in bankruptcy.
Retain and Pay
The option to keep the car and keep making… Read More
2022-03-06 17:14
To many people, Chapter 7 Bankruptcy is a more attractive alternative to filing a Chapter 13 bankruptcy. This is because most debt is immediately wiped out following the filing. … Read More
2022-02-19 17:15
When considering bankruptcy, it is natural to ask yourself if you qualify. And while there are two types of bankruptcy, here we will focus on Chapter 13 bankruptcy. One of the ni… Read More
2022-01-27 19:39
Losing your vehicle to a lender can hurt. The good news is that even if your car has been repossessed, there is a chance you might be able to get it back through bankruptcy. However, timing… Read More
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