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The Ins and Outs of Bankruptcy

Posted by Charles W. Daff | Jul 12, 2021 | 0 Comments

Has the pandemic piled so much debt on you that you're wondering whether you ought to file for bankruptcy? If so, that's not surprising. In the wake of coronavirus-related business shutdowns and job losses, personal bankruptcy filings spiked this year, with nearly 80,000 Americans hoping to erase...

What Are Important Bankruptcy Terms to Know

Posted by Charles W. Daff | Apr 01, 2021 | 0 Comments

Bankruptcy is a commonly discussed subject that impacts the lives of many people and businesses every year. During the bankruptcy process, you are likely to hear a handful of words and terms with which you may not be familiar. The legal world comes with its own language and jargon that can be int...

Why You Should Hire a Bankruptcy Attorney

Posted by Charles W. Daff | Mar 19, 2021 | 0 Comments

If you've considered filing for bankruptcy, there is a high chance you'll be debating on whether or not to hire a bankruptcy attorney. Bankruptcy laws are highly intricate and a small error could have a big impact on the determination of the outcome. A bankruptcy lawyer is familiar with the laws ...

What Are the Negative Consequences of Bankruptcy

Posted by Charles W. Daff | Sep 09, 2020 | 0 Comments

The consequences of bankruptcy can have long-lasting effects and should not be taken lightly, but it can help people and businesses in debt. It can eliminate all or a portion of their debts and help them repay part of what they owe to creditors. However, while bankruptcy offers much-needed relief...

Charles W. Daff: Best Bankruptcy Attorney 2020

Posted by Charles W. Daff | Aug 25, 2020 | 0 Comments

Charles W. Daff, acclaimed bankruptcy attorney, was awarded a Best of Los Angeles Award. He earned the “Best Bankruptcy Attorney – 2020” award. The “Best of Los Angeles Award” community consists of over 7,000 professionals living and working in Southern California. This prestigious award celebrat...

How Does Bankruptcy Effect Tax Debt

Posted by Charles W. Daff | Aug 12, 2020 | 0 Comments

Most tax debt cannot be discharged in bankruptcy, and you are still required to pay the IRS if you file for bankruptcy. Declaring bankruptcy can offer individuals who are drowning in a magnitude of debt a sense of financial relief. However, if part of your debt includes taxes, you may not get the...

How to Prepare for Bankruptcy

Posted by Charles W. Daff | Aug 05, 2020 | 0 Comments

Filing for bankruptcy is complicated and overwhelming. Before you dive in, there are several steps you can take to prepare for bankruptcy. Following our advice can help you avoid making several mistakes that will cost you time and money in the long run. Taking these necessary actions before filin...

How to Handle Bankruptcy and A Divorce

Posted by Charles W. Daff | Jul 29, 2020 | 0 Comments

Bankruptcy and divorce are two of the most emotional and stressful life events that a person can endure. Dealing with one of those at a time can feel taxing, but handling them simultaneously is entirely overwhelming. If this is a reality you are facing, you may find it comforting that many others...

How to File for Chapter 13 Bankruptcy

Posted by Charles W. Daff | Jul 22, 2020 | 0 Comments

Individuals facing a considerable amount of debt and are thinking about bankruptcy have a couple of options: Chapter 7 bankruptcy and Chapter 13 bankruptcy. Those who do not meet Chapter 7 requirements because of your income are often advised by their bankruptcy attorney to file Chapter 13 bankru...

What Is an Automatic Stay?

Posted by Charles W. Daff | Jul 15, 2020 | 0 Comments

Debt is an overwhelming reality hundreds of thousands of Americans deal with every year. Many individuals face a magnitude of debt and may need to turn to bankruptcy for financial relief. Filing for Chapter 7 and Chapter 13 bankruptcy can give you the reprieve you need for a fresh start, beginnin...

Can I File for Bankruptcy without A Lawyer?

Posted by Charles W. Daff | Jul 08, 2020 | 0 Comments

When it comes to personal bankruptcy, you are not required to hire a lawyer. In some cases, you can file for bankruptcy on your own and represent yourself (also known as “pro se”). However, this requires plenty of time and thorough research. In most cases, it is wisest to hire a lawyer to help wi...

What Is Bankruptcy Fraud?

Posted by Charles W. Daff | Jun 24, 2020 | 0 Comments

Bankruptcy is a process that offers individuals who are unable to repay their debts the opportunity for financial relief. But what happens when someone makes false claims when it comes to their finances, deliberately hide assets, or intentionally leaves out relevant information when filing for ba...

When Should You File for Bankruptcy?

Posted by Charles W. Daff | Jun 17, 2020 | 0 Comments

If the amount of debt you are facing is too much to bear, you might be wondering if you should file for bankruptcy. Most people will tell you that you should only file bankruptcy once you have exhausted all other alternatives, and it is your only remaining option. There are several things you nee...

What Happens if I Declare Bankruptcy?

Posted by Charles W. Daff | Jun 10, 2020 | 0 Comments

Bankruptcy is a legal process that is designed to allow people an opportunity to get their finances in order and potentially a fresh start. Bankruptcy usually is considered a last resort option for those going through financial difficulties. While bankruptcy may give you a clean financial slate, ...

What Debts Are Not Forgiven in Bankruptcy

Posted by Charles W. Daff | May 20, 2020 | 0 Comments

Individuals who have found themselves in financial trouble and overwhelmed with debt may find that bankruptcy is the best option for a fresh start. These people can find financial freedom by filing for Chapter 7 bankruptcy and liquidize their assets or Chapter 13 bankruptcy and reorganize their d...

What Are Benefits to Chapter 13 Bankruptcy

Posted by Charles W. Daff | May 18, 2020 | 0 Comments

Debt is a major issue in this country, and with Covid-19 causing businesses to shut their doors or needing to downsize severely, it has become worse. People who have substantial debt are looking for solutions other than taking out Chapter 7 bankruptcy, which carries many consequences. Discover ho...

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