Bankruptcy Help for Business and Individuals
California Bankruptcy Exemptions

California Bankruptcy Exemptions

The Bankruptcy Code allows each individual who files for bankruptcy to keep basic assets that are necessary for the debtor’s “fresh start” after bankruptcy. The property is called the debtor’s “exempt property.”
Chapter 13 Eligibility

Chapter 13 Eligibility

Chapter 13 Eligibility A chapter 13 bankruptcy is also called a wage earner’s plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors...
Means Test

Means Test

Generally, any person who is 18 years or older may file bankruptcy, regardless of their citizenship status. Married couples may file jointly or individually.
Credit Cards after Bankruptcy

Credit Cards after Bankruptcy

Even though it may be more difficult to get some loans and credit after bankruptcy, interestingly, you will still likely receive offers for credit cards and be able to obtain other types of loans.
Bankruptcy Overview

Bankruptcy Overview

Bankruptcy Overview Many individuals in the current economic climate are facing crushing debt that feels impossible to handle. Even in the best of times, circumstances beyond our control, such as accidents, illness, or an unexpected business failure can put one in a...
Stop Foreclosure

Stop Foreclosure

Stop Foreclosure For many individuals and families, their home is their greatest asset. At Hallstrom, Klein & Ward LLP, we understand the emotional and financial value of your home, which is why we work diligently to help you explore all available foreclosure...
Bankruptcy Filing Process

Bankruptcy Filing Process

We would love to help you understand your options and assist you with moving forward down the road you chose. You will need to gather your financial information for the past two years and itemize your income, expenses, assets, and liabilities.
Auto Financing After Bankruptcy

Auto Financing After Bankruptcy

It is generally not difficult to obtain a car loan after one files bankruptcy. You may actually be a better credit risk after filing bankruptcy than before because you will have fewer bills to pay and your FICA score typically will improve.

Can I File Chapter 7 Bankruptcy?

Individuals must qualify in order to be able to benefit from a Chapter 7 bankruptcy filing. Because a great portion of an individual’s debt is completely eliminated, the law strictly regulates who can qualify to file for a Chapter 7 bankruptcy.