by Max Gardner | Aug 22, 2023 | bakersfield bankruptcy attorney, bakersfield bankruptcy lawyer, Client Information
Per multiple news sources last week. The amount of credit card debt held by Americans has reached $1 trillion dollars. Per CNN: Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1...
by Max Gardner | Mar 3, 2022 | bakersfield bankruptcy attorney, bakersfield bankruptcy lawyer, Client Information
The Reuters news organization reported on February 8, 2022 that over $4.5 trillion in mortgages were originated in 2021, reaching a historic high for the database, which goes back to 1999. Mortgage balances increased by $258 billion in the fourth quarter to $10.93...
by Max Gardner | Jan 15, 2022 | bakersfield bankruptcy attorney, bakersfield bankruptcy lawyer, Client Information
California recently increased the amount of homestead exemption that can be claimed. The new law went into effect January 1, 2021. Under Assembly Bill 1885, for example, the amount of homestead exemption that can be claimed in a Bankruptcy case in Bakersfield and...
by Max Gardner | Nov 6, 2015 | Client Information
Bankruptcy filings have continued at a consistent rate of decline since 2011. The following chart is re-produced from the www.uscourts.gov website that illustrates the downward trend in both business and non-business cases: Business and Non-business Filings Years...
by Max Gardner | Jun 30, 2015 | Client Information
The kids are out of school and July is right around the corner. Summer is here and many of us in Bakersfield, California are just trying to stay cool and make it through the season without spending too much. With temperatures soaring well above 100⁰, the summer months...
by Max Gardner | Jun 24, 2015 | Client Information
When you file for bankruptcy, there are a number of decisions you must make, including, what type of exemptions to claim. In many states, you can choose between state exemptions or the federal exemption system. However, under California’s bankruptcy law, you do...
