Many people are concerned that filing for personal bankruptcy means losing everything they own. After all, in a chapter 7 bankruptcy, everything you own and owe is legally transferred to a Bankruptcy Trustee, who can then use your assets to pay your debts. Read more >>
April 19, 2021
Readers of my Newsletter already know that, since Covid began, I have seen a steep decline in bankruptcy clients. Seems counterintuitive, no? After all, many prominent retailers and large corporations have already filed Chapter 11 Business Bankruptcy reorganization. Read more >>
April 5, 2021
What is a Preference in Bankruptcy? Read more >>
March 29, 2021
California just became a much more debtor-friendly state. Specifically, most people filing chapter 7 personal bankruptcy no longer risk losing a house in which they have substantial equity. Read more »
October 20, 2020
Many of my bankruptcy clients want to know what will happen if they repay a family member before filing bankruptcy. It’s an important and common question I just faced. Read more »
October 13, 2020
According to the New York Times, corporate America is starting to see Covid-19 related bankruptcies on the increase. At Faucher Law, P.C., we still haven’t seen this increase. Note that the New York Times doesn’t give statistics, and it’s only talking about major corporate bankruptcies: chapter 11, not chapter 7. Read more »
June 18, 2021
Being ultra-rich doesn’t insulate you from the bottom-feeding world of foreclosure and bankruptcy. Just ask Suzan Hughes, the widow of Herbalife’s founder, Mark Hughes. Read more >>
August 23, 2019
An investor was trying to collect on a note, and called me to help him out: he and a bunch of strangers had loaned $600,000 to a fellow living in the outskirts of Cambria, California. The fellow Read more >>
February 25, 2019
Note: The case involved here is very complex. But that’s the point: it dominated and nearly ruined the lives of my clients for a decade, until I used bankruptcy law to end their nightmare. Read more >>
September 18, 2018
If you have more than $5,000 in your Wells Fargo checking account when you file a bankruptcy petition, be prepared. Wells Fargo will freeze your account until the bankruptcy trustee tells them it’s okay Read more >>
September 23, 2014
