Filing for bankruptcy can be time-consuming and stressful. For most first-time filers, gathering the right documents and evaluating the advantages to filing will be the best way to get through this process. Actions Prior To Filing Before you file bankruptcy, make sure that filing is necessary for your situation. To help you decide access the following three factors. Factor 1: Assess all finances, reasons for filing, and filing consequences. It's important to understand what C

A conservatorship in California is a court case where a judge appoints a responsible person or organization (“conservator”) to care for another adult (“conservatee”) who is unable to care for himself or herself or manage his or her own finances. Types of Conservatorships There are various types of conservatorships depending on the needs of the conservatee: 1. Probate Conservatorships These conservatorships are based on the laws in the California Probate Code. They are the mos

Consumer Debt Many debtors erroneously believe that they don't have to face the consequences of their over spending. That if they stop making payments, financial institutions will simply forgive their debt. While these companies may decide to “write-off” the debt if they firmly believe that you are never going to pay, this does not mean that the debt magically disappears, in fact, more likely they are simply going to sell the debt to a 3rd-party debt collection agency. What h

In many states, including California, your date of separation has legal implications. If you and your spouse are still living in the same house for economic or family reasons, proving that you are really separated can be critical. Effective January 1, 2017, a new California law amended the Family Code allowing for a couple to be considered “living separate and apart” while still living together for purposes of establishing a date of separation. This bill further applies retr