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May I “Walk Away” From My Home In a Bankruptcy?

May I “Walk Away” From My Home? May I “Walk Away” From My Home In a Bankruptcy? Under most circumstances, a debtor can keep her home or other real property after filing a bankruptcy case provided she...

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Do I Have To Go To Court When I File For Bankruptcy?

Do I Have To Go To Court? The answer to this basic of questions is: It depends–on which type of bankruptcy case you choose to file. If You File Chapter 7 If you file chapter 7, you are unlikely to have...

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Credit Card Lenders Are Doing Fine

Credit Card Lenders Are Doing Fine, Thank You Credit card spending by US consumers may be on the rise as Visa and MasterCard posted sharp profit increases for the first quarter of 2012, according to a...

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Who Will Find Out that I Filed for Bankruptcy?

Who Will Find Out That I Filed for Bankruptcy? This is a common question, wondered about by many who choose the remedies afforded by the bankruptcy system. The primary recipients of information on your...

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Bankruptcy – Can I Keep The Car?

Can I Keep The Car? Can I keep the car that I’m paying for if I file a chapter 7 bankruptcy case? Yes, if your bankruptcy schedules properly exempt any net equity value in your car and you keep making...

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Is a Short Sale Likely to Harm My Credit Score as Much as a Foreclosure?

Short Sale VS Foreclosure Is a Short Sale Likely to Harm My Credit Score as Much as a Foreclosure? Although consumers often believe a short sale will cause less damage to their credit score than a...

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Marriage and Bankruptcy

Marriage and Bankruptcy If I Am Married, Do I Have to File Jointly with My Spouse? Not necessarily. If your spouse’s debts are sufficiently minor that a discharge isn’t personally beneficial, you can...

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Attorney Reed H. Olmstead Honored

Attorney Reed H. Olmstead Honored Attorney Reed H. Olmstead Honored with Award for Outstanding Pro Bono Service Hurlbett & Olmstead is proud to announce that bankruptcy attorney Reed H. Olmstead...

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Settlement Is Concluded With Citigroup

Settlement Is Concluded With Citigroup, Inc Settlement is concluded with Citigroup, Inc. that should better protect consumer personal information in Bankruptcy Cases The federal agency overseeing the...

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Puerto Rico’s Failure to Pay: Potential Crisis in US?

Puerto Rico’s Failure to Pay: Potential Crisis in US? According to the Washington Post, Puerto Rico’s governor, Ajejandro Garcia Padilla, recently announced that that the island is unable to pay back...

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Santa Barbara’s La Casa de la Raza Files for Bankruptcy

La Casa de la Raza Files for Bankruptcy Longtime community center La Casa de la Raza filed a Voluntary Petition under Chapter 11 of the Bankruptcy Code on February 17, 2016, case number...

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