Online Payday Loans – Ask Bankruptcy Attorney in Sacramento California
When you are falling behind on payments, you might be tempted to go online for a payday loan. However, you should be careful about the high costs of online payday loans. Some online payday loan lenders are scrupulous by disclosing the actual costs of the loan and obeying the law. However, there are some online payday loan lenders who […]
The High Cost of Payday Loans – Ask Bankruptcy Attorney
If you are struggling financially and are thinking about taking out a payday loan to pay for bills, you should be aware of the high cost. Payday loans, aka cash advance loans, check advance loans, post-dated check loans, or deferred deposit loans, are small, short-term, high-rate loans. How a payday loan works is when a […]
California Regulation on Debt Collectors’ Practices called Rosenthal Fair Debt Collection Practices Act – California Civil Code sections 1788, et seq.
1788. This title may be cited as the Rosenthal Fair Debt Collection Practices Act. 1788.1. (a) The Legislature makes the following findings: (1) The banking and credit system and grantors of credit to consumers are dependent upon the collection of just and owing debts. Unfair or deceptive collection practices undermine the public confidence which is […]
Ask Sacramento Bankruptcy Attorney – What are the Dos and Don’ts of Bankruptcy whether it is Chapter 13 or 7 Bankruptcy
Below are some general tips on dos and don'ts when filing for Bankruptcy regardless of whether you are filing for Chapter 13 or 7 Bankruptcy: What to do Be aware. Financial trouble can endanger your home, your marriage, your health, and many other aspects of life. Take the situation seriously and talk with an experienced attorney as soon as […]
Wage Garnishment – Ask Sacramento Bankruptcy Attorney
If you received a summons and complaint for unpaid credit card, personal loan, repossession or medical bills, you must act quickly or your creditor will have your wage garnished by obtaining a judgment from the court. However, debts like child support, alimony, taxes, and student loan do not require the creditor to go through the court […]
Median Home Sales Price on the Rise for Solano County California including Fairfield, Vallejo, Vacaville, Dixon, Benicia, Suisun City, Rio Vista & Effect on Bankruptcy Filing – Ask Bankruptcy Attorney
It is not a surprise that the median home prices in Solano County, California are on the rise compared to 2014. According to CoreLogic DataQuick, the median price of home sold for July, 2015 was $321,500, a 26% increase than a year ago at $255,750. (Times-Herald) Foreclosure rate for Solano County is 3.4 homes for every 1,000 homes. (Zillow.com) In a Daily […]
How does Bankruptcy Treat Secured and Unsecured Debts and Property – Call Bankruptcy Attorney in Sacramento, Stockton, Fairfield, California
When deciding to file for bankruptcy, you should ask questions like whether you will get to keep your home, vehicles and other properties. You should also know how bankruptcy will treat the different types of debts that you have when deciding whether to file for Chapter 7 or 13 Bankruptcy. Debts can be divided into […]
Employment Up for Sacramento California Region Near 2007 Numbers – Call Bankruptcy Attorney to Stop Wage Garnishment
On June 2007, Sacramento California nonfarm payrolls peaked at 927,000. Then the rescission erased about 100,000 jobs. Many years later on July 2015, Sacramento region has regained 911,500 jobs. Leisure and hospitality lead the job growth with a 7% growth from last year. Although real estate and construction jobs increased 3.4% from last year, it is 27% below the pre-rescission level. (Source: […]
Do not Depend only on Social Security to Get You Through Retirement – Consult with a Bankruptcy Attorney today
If you think that social security benefits can sustain your current standard of living throughout retirement, think again. In July, 2015, the average monthly social security payment to a retired worker is only $1,335.97 and the average monthly social security payment to a disabled worker is only $1,165.18. (Source: www.ssa.gov) Moreover, there are threats circulating in the news […]
California’s Unemployment Rate Down to 6.2 percent and Call Bankruptcy Attorney to Stop Wage Garnishment
On August 21, 2015, the California Employment Development Department reported California's unemployment rate dropped to 6.2 percent in July, compared to 7.4 percent a year ago. The figure is based on a survey but the definition of unemployment rate excludes people who have stopped looking for work or who work part-time but wanted to work […]