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A few months ago American Airlines filed for bankruptcy.  Many people fear bankruptcy and see it as the death of their financial lives.  What they do not realize is that bankruptcy is the best route to get a fresh start and their finances in order.  American Airlines predicts the same.  The Los Angeles Times reports:...
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An article in the Los Angeles Times today told of a San Bernardino family who was able to win back their house. The foreclosure was rescinded.  Now it is up to her and Bank of America to come to a settlement on the loan terms.  Here is an excerpt from the article:   Foreclosure commonly...
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Did you that foreclosure defense is a big developing area of the law?  But what exactly is foreclosure defense?  Foreclosure defense is essentially fighting every aspect of home foreclosure. It usually begins with a lawsuit filed against the bank that owns the note on your house.  The lawsuit is based upon the contention that the...
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Bullying in schools is a big problem.  It was so bad in this case that the father went out and got a restraining order.  Smart move to protect your children in school.  The Los Angeles Times reports: A Riverside County man says he has secured a restraining order against a fourth-grade boy who threatened his...
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Bankruptcy is a powerful tool.  It has the power to discharge most of your debts.  But some debts generally are not discharged.  The most common debts that are not discharged through bankruptcy are domestic support obligations (child support and spousal support-alimony), taxes, student loans, and debts incurred through fraud.  Each has specific rules in bankruptcy....
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Do you have old debts that have been stalking you for years?  Credit card companies calling you and threatening you?  It is time to put your past behind you and start off 2012 with a fresh start. I know that its hard to even think about filing for bankruptcy.  You are not the only one...
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Los Angeles Alimony Lawyer Spousal support, or Alimony, is an issue that arises during divorce or legal separation matters. If he parties were never married, then this is not an option, no matter how long they lived together. This blog explains how spousal support is determined in California, and what a person needs to do...
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During a divorce proceeding, a party can include in the Judgment an order restoring their former name upon dissolution of the marriage. It’s a simple matter of checking a box on the FL-180 Judgment form, and including the former name that the party wishes to restore. But what happens if you forget to include that...
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Many people file bankruptcy because of a pending lawsuit.  Being personally served with a Summons to go to court can be a daunting experience.  And filing for bankruptcy will put an immediate end to most lawsuits. Many people I speak to are surprised that a credit card company or some other company that now owns...
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We’ve all heard it before.  Bankruptcy destroys your credit.  Well that’s true in some cases, but you’d be surprised to hear that in most cases, it is actually the opposite.  In most cases where our Los Angeles bankruptcy lawyers file bankruptcy, bankruptcy improves credit scores.  What???  That’s right and its quite simple if you take...
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