Blog Posts in 2013

  • ResCap's Plan to End its Bankruptcy Has Been Approved by U.S. Judge

    Posted By San Diego Bankruptcy Pros || 11-Dec-2013

    On Wednesday, December 11 th, a United States Bankruptcy Court approved Residential Capital's plan to end its bankruptcy, which has been ongoing for 19 months now. Exiting the Chapter 11 bankruptcy plan will effectively put the mortgage lender on track to officially end its bankruptcy before the end of 2013. The plan was given the thumbs up at a hearing in Manhattan only 8 days after ...
    Continue Reading
  • Small Business Bankruptcy

    Posted By Law Office of Jon M. Cooper, A.P.C. || 26-Apr-2013

    Owning a small business can be an exciting time for an individual, however, it can also cause much more financial stress on you to succeed. In the event that your business is not bringing in the funds that it should, you may begin to start moving your way into debt, and before you know it, paying back your creditors seems like impossibility. If you find yourself in this place, the option of ...
    Continue Reading
  • The Difficulty of Discharging Income Taxes in Bankruptcy

    Posted By Jon Cooper || 29-Mar-2013

    As bankruptcy laws are redeveloped and continually gone over, more and more filers are discovering that it is difficult to discharge income taxes. In most cases, income taxes are dischargeable. This means that the obligation to pay these taxes can be eliminated in some circumstances. The debt must meet certain qualifications in order to be recognized as legitimate for bankruptcy discharge. ...
    Continue Reading
  • Can a Collector Take Your Social Security?

    Posted By San Diego Bankruptcy Pros || 15-Mar-2013

    When you are in a debt, it may seem that all of your assets are at risk. Often collectors can garnish your bank accounts, threaten to foreclose your home, or seize your vehicle. But can they also take away your Social Security? According to Bankrate, Social Security income is exempt from garnishment in almost all circumstances. On rare occasions in the past, a person could have their social ...
    Continue Reading
  • San Diego Hospice Files for Bankruptcy & More are Likely to Follow

    Posted By San Diego Bankruptcy Pros || 27-Feb-2013

    Earlier this month, one of the biggest hospices in the United States, San Diego Hospice, pled for financial help when it filed for bankruptcy in the wake of a federal investigation into the facility's general health care practices. Specifically, the hospice's tendency to provide treatment to patients who are expected to live more than six months was called into question. In its attempts to ...
    Continue Reading
  • Casey Anthony Files for Bankruptcy with $792,000 in Liabilities

    Posted By San Diego Bankruptcy Pros || 28-Jan-2013

    Twenty-six year old Casey Anthony has filed for bankruptcy protection in Florida, saying that she owes nearly $800,000 and has only $1,084 in the bank. Anthony, who was acquitted of killing her 2-year-old daughter Caylee in 2011, filed for protection under Chapter 7 bankruptcy in a federal court in Tampa on Friday. The debts listed on the bankruptcy filing included $500,000 for attorney fees and ...
    Continue Reading
  • San Diego Still Suffering the Effects of the 2008 Financial Crisis

    Posted By San Diego Bankruptcy Pros || 23-Jan-2013

    With homelessness and hunger on the rise in neighborhoods like City Heights, San Diego is still struggling with the unemployment and low housing values that were brought about during our nation's 2008 financial crisis. A reporting team from World Socialist Web Site recently spoke to families and individuals in City Heights, a neighborhood populated with a large number of the working class. ...
    Continue Reading
  • A Closer Look at the San Diego Bankruptcy Pros

    Posted By San Diego Bankruptcy Pros || 17-Jan-2013

    Bankruptcy is a big decision, and you don’t want just anyone handling your bankruptcy case. Instead, you need a dedicated and reliable San Diego bankruptcy lawyer on your side. When you are in need of a knowledgeable and hardworking bankruptcy lawyer, San Diego Legal Pros is here to help. The lawyers at this firm are so confident in their ability to complete a successful bankruptcy for you, ...
    Continue Reading
  • Does Wage Garnishment have Limits?

    Posted By San Diego Bankruptcy Pros || 10-Jan-2013

    If you owe a significant amount of money and have been unable to pay off your debts, your creditors may pursue wage garnishment to recover the money that you owe out of your paycheck. Wage garnishment is a means of collecting a debtor's money by ordering a third party (often an employer) to pay money out of that employee's salary, and sometimes this comes as the result of a court order. ...
    Continue Reading
  • San Diego Chamber Orchestra Files for Bankruptcy in Wake of Rising Debts

    Posted By San Diego Bankruptcy Pros || 2-Jan-2013

    The San Diego Chamber Orchestra, the Orchestra Nova, has chosen to file for bankruptcy in lieu of rising debts partly caused by the orchestra's failure to resolve a change in salaries negotiation with its primary employee's union. The Orchestra Nova, as the chamber orchestra is titled, filed for Chapter 7 and hopes that it will be a promising step towards recovering their financial health ...
    Continue Reading

When You Are Looking for Legal Representation,

You Can Count on Attorney Jon Cooper.

Want to Learn More?

Get Started with a Free Consultation!

Get My Free Consultation