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 […]
Effect of Sacramento California region home sales and prices on Bankruptcy Qualification – Speak to a Sacramento Bankruptcy Attorney
For the month of July, 2015, 2,339 homes sold in Sacramento County California, an increased of 11.4 percent compared to July, 2014. "Homes" include new and resale homes and condos. Median sold price for homes in Sacramento County in July, 2015 was $275,000, an increased of 7 percent from $257,000 in July, 2014. Median resale […]
Social Security Disability Fund is Projected to Dry Out in 2016
Social Security's disability fund is projected to dry out in 2016 and Social Security's retirement fund is projected to pay full benefits until 2035 if nothing is done to fix this problem. (Source: Sacramento Bee/Associated Press) It should be clear by now that you should save towards retirement because you should not depend on social […]
Home Prices in Modesto and Stanislaus County California outpaced the rest of California in 2014 Creating Challenges in Bankruptcy Filing Qualification
While it is good news that home prices in Modesto and Stanislaus County, California outpaced home prices in the rest of California in 2014, it creates challenges for homeowners with unmanageable debts. The median home price sales in Modesto and Stanislaus County, California was $220,100 in November, 2014, about 19% more than in November, 2013. […]
Why are Lenders Filing for Foreclosure Sooner Now in Sacramento, Roseville, Stockton, Modesto, Yolo, and Solano regions in California?
If you think that you can be four months behind on your mortgage and not worry about a foreclosure lawsuit, then you are mistaken. You might wonder why your friends or neighbors were over 12 months behind on their mortgage about 3 to 4 years ago but did not receive a foreclosure notice and they own […]