COVID-19 brought a lot of changes to the world, and most of them are negative. To help offset the financial effects of the pandemic, the U.S. government placed a moratorium on foreclosures, which ended July 31. However, there is still protection for foreclosure-related evictions through September 30, 2021, which is quickly approaching. Here’s what you need […]
Filing Bankruptcy: How Does Debt Relief Work?
Filing for bankruptcy comes with many emotions — from shame and despair, overwhelm, and even relief. We’ve put together this quick guide to debt relief so you can start arming yourself with information in order to take on the bankruptcy process. What is Bankruptcy? Bankruptcy is a legal process intended to help people and businesses […]
New Real Estate Laws for 2021
Whether you are an investor or a homeowner, it is crucial to keep up with the recent developments in real estate laws before buying or selling. As of 2021, there are new local real estate laws in the state of California that anyone who has interactions in the real estate market should be aware of: […]
When Is Loan Modification the Right Choice?
Many unfortunate circumstances can lead to someone not being financially stable. Finding yourself in an unstable financial situation while paying back loans can be especially difficult. While you may find your next steps elusive and overwhelming, there are some options. One of those options is to ask for a loan modification. Here’s what you should […]
Legal Options for Job Loss
If you are at risk of losing your job or you’ve been told that you’re no longer needed in your workplace, it’s important to know what your rights are. When you know what you’re legally entitled to, as well as how to take action against your former employers, you’ll be able to take a proactive […]
Your House Was Foreclosed: Now What?
Dealing with financial difficulties can be worrisome, and ignoring them isn’t beneficial. Essential bills, like your rent or mortgage, should always be a top priority on your to-do list. However, there are times when you might struggle to fund these critical expenses. Defaulting on your mortgage can lead to losing your home. If your home’s […]
Combating COVID’s Long-Lasting Financial Effects on Your Business & Assets
While the physical effects of COVID-19 have been devastating to those who have fallen ill to the virus, businesses and individuals are also suffering from the effects of social distancing and quarantine measures. Although these restrictions have only been in place for a few months, many businesses have struggled to make ends meet due to […]
Guide to Filing for Bankruptcy During COVID-19
The devastation caused by COVID-19 has impacted individuals and businesses on a global scale. Not only has it cost many lives, but the pandemic has also created devastating financial effects for individuals, families, and businesses. Due to the financial impact of the virus, many find themselves in the worst financial situation they’ve yet faced. In […]
Differences Between Chapter 7 and Chapter 13 Bankruptcy
When facing bankruptcy, choosing your best option can be a challenging and emotional decision. But when you’re planning for your financial future, it’s important to recognize your options and the distinctions between the types of bankruptcy you can file for. Chapter 7 and Chapter 13 bankruptcy are two legal options available for individuals facing extreme […]
The Difference Between Chapter 7 and Chapter 13 Bankruptcy
In this video, Bankruptcy Attorney, Mark Mellor talks about the differences between Chapter 7 and 13 Bankruptcy.