877-280-4299
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Law Firm: Borowitz & Clark, LLP
Address: 100 N. Barranca Street, Suite 250, West Covina, California, 91791
Website: http://www.blclaw.com
Phone: 626-332-8600
When is bankruptcy an option for a small business? The first question to ask is whether the business is a corporation, a partnership, or a proprietorship. Corporations, limited liability companies and partnerships are legal entities separate from their shareholders or partners. They can file Chapter 7 or Chapter 11 bankruptcy in their own right. Proprietorships, however, […]
California foreclosure laws are among the nation’s most complex but are also fairly consumer friendly. In this post, we will attempt to provide good answers to the most common questions California residents have about the foreclosure process, both before and after a sale. A Brief Introduction to Mortgages In order to fully grasp the information […]
Bankruptcy Misinformation To many, bankruptcy is a four letter word, an ethical nether region where you mustn’t have your passport stamped upon entry. However, there are numerous misconceptions about the bankruptcy process, that when stripped away, make a difficult decision slightly easier. After all, knowing is half the battle. In this post, we’ll try to […]
OK, here’s the deal with bankruptcy and foreclosure. Despite what you may have heard, filing for bankruptcy does not necessarily permanently stop a lender from foreclosing on your home. Filing for bankruptcy will always temporarily stop the bank foreclosing on your home. This is true regardless of which chapter you file under. In some cases, […]
California Has Its Own Bankruptcy Laws Since bankruptcy law is federal, many of the same principles apply in bankruptcy cases regardless of where the case is filed. For example, whether you’re filing in California or Texas, a bankruptcy estate is created when bankruptcy protection is sought. For the time that you’re in the bankruptcy system, […]
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