Cramdowns in Chapter 13 Bankruptcy

A “cramdown” in a Chapter 13 bankruptcy allows you to reduce the principal balance of a debt  to the value of the property it is secured by.  By taking advantage of a Chapter 13 cramdown, you may be able to save your car, investment real estate, or certain...

Common California Statute of Limitations Wrongful Termination

A “statute of limitation” is the time within which a lawsuit or claim must be filed.“Civil actions, without exception, can only be commenced within the periods prescribed in this title, after the cause of action shall have accrued, unless where, in special cases, a...

Unlawful/Wrongful Termination

What is “Wrongful Termination”? The term “wrongful termination” is the generic name for a type of lawsuit in which an individual sues an employer for terminating his or her employment in violation of state or federal law. California law provides that either an...

Chapter 7 Process

The following is a chronological summary of the Chapter 7 bankruptcy process, the events which occur in a Chapter 7 case, and the time periods at which these events occur. OFFICE INTERVIEW WITH ATTORNEY The first step for most debtors is to consult an attorney. The...

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Chapter 7, 11, and 13 Bankruptcies

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