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. My Read more »
Bankruptcy
Huge Foreclosure in Los Angeles
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 >>
Chapter 12 Bankruptcy & Judicial Foreclosure
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 >>
Legal Chaos Solved With Bankruptcy
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 >>
Wells Fargo: Freezes Accounts of People in Bankruptcy
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 >>
Two Good Reasons to Avoid Post-Bankruptcy Loans
A client sent me a letter he got from a car dealership touting the financing he can get even though he is currently in bankruptcy. You can find a copy of the letter here. How does a car dealer think Read more >>
A Little-Known Bankruptcy Benefit
Bankruptcy works in unexpected ways. That’s how a colleague sells his potential clients on hiring him to get a discharge in bankruptcy. And he’s right. My client opened a fast-food. Read more >>
Should Legal Losers Pay the Winners’ Attorney Fees?
My clients were nurses at a local hospital. They’re immigrants and English isn’t their first language. They worked hard and bought a house. One day, Read more >>
Bankruptcy Didn’t Make Sense: Nothing Left to Lose & Loving It
I had a bankruptcy client a few years ago. He owned two office buildings with mortgages totaling more than the buildings’ values. They were going to be foreclosed, triggering personal Read more »
Arsonist Can Discharge Fire Fighting Costs in Bankruptcy
Living in semi-arid California, I’ve gotten used to seeing large columns of smoke on hot, windy days. Most recently, I could see the Springs Fire burning between Camarillo and Malibu from a distance, Fortunately, it did little damage Read more >>