Kostopoulos Bankruptcy Law

Tag: Riverside Bankruptcy

How Long Does it Take to File Bankruptcy in California?

Posted on by Kostopoulos Bankruptcy Law

Life in California can become overwhelming when you’re struggling under the weight of debt, trying to manage bills for your mortgage, utilities, credit cards, and other expenses. Considering Bankruptcy in California may become a necessary option as you find yourself only able to afford the monthly minimums, even after drastically cutting your budget. Soon, late fees and interest accumulate, diverting your funds towards these costs rather than reducing your actual debt.

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How Much Does it Cost to File Bankruptcy in California?

Posted on by Kostopoulos Bankruptcy Law

As of August 2023, the cost to file bankruptcy in California is $338 for Chapter 7 and $313 for Chapter 13. These costs are set by federal law. Additional costs may include attorney fees and mandatory credit counseling courses.

Debt can creep up on you before you realize it, as you find yourself unable to pay bills and falling behind on your mortgage or rent. It becomes a frustrating struggle when you see that your payments are going toward interest and late fees instead of the balance due.

 

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What Debts Can I File Bankruptcy on in California?

Posted on by Kostopoulos Bankruptcy Law

For those facing an uphill battle with trying to get control over debt, every day is a source of stress. Not only are creditors calling with threats, but you are watching your debt grow through late fees and interest. There may come a point where you consider a bankruptcy filing in California, and the process is an effective way to get a fresh start with your finances. However, one critical factor to understand is what debts you can file bankruptcy on in CA. You may be surprised to learn what you can and cannot discharge.

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