On behalf of Law Offices of Brian A. Barboza | Oct 8, 2020 | Bankruptcy, blog
California families may end up crushed by debt with very few options. One choice that is available to you is bankruptcy. Although you may hesitate due to the stigma, bankruptcy can be a helpful thing for a household that is trying to make a clean financial start....
On behalf of Law Offices of Brian A. Barboza | Oct 6, 2020 | blog
There are many methods to manage and repay debt. Two of the most popular methods are the “snowball” and the “avalanche” debt payment method, respectively. Both of these strategies have pros and cons, and the best one for you depends on your temperament and your...
On behalf of Law Offices of Brian A. Barboza | Jul 20, 2020 | blog
If you neglect delinquent debt for too long in New York, creditors may take you to court. Often, the plaintiff bringing the lawsuit against you is not your original creditor but a collections company who purchased your debt. They can still take you to court if the...
On behalf of Law Offices of Brian A. Barboza | Jul 15, 2020 | blog
Many people assume that they will lose all their property when filing bankruptcy. Yet, this worst-case scenario rarely occurs. If you’re filing Chapter 13 bankruptcy, you will likely keep most of your assets, so long as you can cover your debt on a repayment plan....
On behalf of Law Offices of Brian A. Barboza | Jun 29, 2020 | blog
As a California resident, what do you do when your debts get out of hand? How do you deal with them? Do you consider applying for bankruptcy? If so, what type of bankruptcy works best for your situation? If you decide to go with Chapter 13 bankruptcy, understand that...
On behalf of Law Offices of Brian A. Barboza | May 29, 2020 | blog
Are you considering filing for bankruptcy, but have concerns about losing your home? You are not alone. Many people in your shoes have similar concerns, but you should know that filing for bankruptcy does not automatically result in the loss of your home. Instead,...
On behalf of Law Offices of Brian A. Barboza | May 28, 2020 | blog
Purchasing a house represents a significant investment. For some people, the investment pays off. However, for others, owning a home becomes more of a burden than a blessing. These people are “house poor.” The National Association of Realtors defines...
On behalf of Law Offices of Brian A. Barboza | May 22, 2020 | blog
If you recognize that your debt is out of control, then you have already taken the first step to getting it under control. It is important to accept that something is wrong and that you cannot go forward in the same way and keep your finances from crashing. Forbes...
On behalf of Law Offices of Brian A. Barboza | May 18, 2020 | blog
Watching your finances spiral out of control is stressful, but if things get to the point where you are having wages garnished, you may find yourself struggling to make ends meet. If you have fallen behind on child support payments, credit card bills o something...
On behalf of Law Offices of Brian A. Barboza | May 12, 2020 | blog
When you file for bankruptcy in California or any other state, you’re generally entitled to an automatic stay. The automatic stay prohibits creditors from taking steps to collect on a debt incurred before you filed for bankruptcy protection. The stay usually...
