It's obvious that today's current depressed economy still has the real estate market struggling, although we are seeing some definite improvement. Many property owners are still finding their homes "underwater," which means they owe a greater amount than the current fair market value of their property. Lien stripping can be an essential tool for saving your home from foreclosure when filing a Chapter 13 Bankruptcy. Lien stripping can be extremely beneficial, having the advantage of both being able to help save your home and helping you

In your estate plan you designate someone to manage and distribute your assets upon your death or incapacity.  Your assets include all real property (i.e. home and land) and personal property, bank accounts, cars, etc...  If you die intestate and do not have a will or trust your assets, and their distribution, will be determined by the courts.  During the probate proceedings, a judge will appoint someone to handle your assets and your assets will be distributed, under

A court can order one spouse to make monthly payments of support to the other spouse when a couple legally separates or files for a dissolution.  These payments are known as spousal support. These monthly payments used to be referred to as “alimony.”  To begin a spousal support order, one of the following cases must be filed: an annulment, a dissolution, a legal separation or a domestic violence restraining order.

    What is a revocable living trust and how will it benefit me? One of the most beneficial aspects of a trust is that it allows the beneficiaries, after the death of the owners (or Settlors) to avoid probate. Probate is an extremely expensive legal process and the fees paid to the attorney and the administrator or executor are set by statute. The fees are set by California Probate Code Section 10810. They are as follows:

The state of California is a “no fault” state, which means that a spouse does not have to prove the other spouse did something wrong. Moreover, it is not necessary for both spouses to agree to end a marriage.The first spouse to file a Petition for dissolution is called the “Petitioner,” and the other spouse is then the “Respondent.”  Once the petition to commence a dissolution is filed, the other spouse has thirty days after he or she is served to file their response. The respondent cannot stop a dissolution process even if he or she does not agree or want a dissolution.

Have you fallen behind on your mortgage payments? Or maybe you are in the process of foreclosure, also known a Trustee’s Sale? Perhaps filing a Chapter 13 Bankruptcy can
save your home. However, you must file prior to the Trustee’s sale of the property or bankruptcy can no longer save your home.  A Chapter 13 Bankruptcy is a powerful tool.

Estate Planning is a process which gives you control over who will inherit your assets after your death. Typically it includes a trust, a power of attorney, an advance directive, and a will–although everybody’s needs are different. It includes a legal document known as a will. There is much to be considered with an estate plan. For instance: Who will make the decisions for your healthcare and finances if you are rendered unable to care for yourself?

Dissolution commonly known as a Divorce ends a marriage. Alongside of the disagreements, emotional hurt, and separation, the legal aspect of it alone can be quite overwhelming. Most people would not know where to even begin the process of a divorce. And it can become more stressful trying to figure out who gets what assets and valuables and who’s going to finish paying off certain debts. Of course the most difficult part of divorce is who do the kids live with and how much time should they spend each parent.

Which Bankruptcy is right for you? Have you considered filing a Bankruptcy to save your home or maybe even your automobile. Do you receive harassing phone calls from creditors demanding payments? A Chapter 7 Bankruptcy is designed for people or businesses who cannot pay their debts. A Chapter 7 may be the answer to saving your home, automobile or other property with certain limitations. Most of your debts can be discharged with the exception of a few.