Tag Archives: riverside bankruptcy attorney

Video: How To Qualify For Chapter 7 Bankruptcy

Posted on September 17, 2012 by Mark Mellor

In this video, attorney Mark Mellor discusses if you qualify for Chapter 7 bankruptcy and the differences between Chapter 7 & Chapter 13. If you have questions about which type of filing you qualify for, please contact The Mellor Law … Continue reading →

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Mortgage Cram Downs California in Chapter 13 Bankruptcy

Posted on April 25, 2012 by Allen Sanders

You may be able to reduce your mortgage principal on investment or rental property.  It does not apply to a home you use as your principal residence. A mortgage cram down allows you to reduce the principal balance of the … Continue reading →

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Chapter 13 Bankruptcy in Riverside, CA

Posted on March 7, 2012 by Allen Sanders

A Chapter 13 Bankruptcy is also called a wage earner’s plan.  Debtor(s) propose a repayment plan to make installment payments to creditors over a period of three to five years.  If debtor’s current monthly income is less than the applicable … Continue reading →

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What is a Chapter 7 Bankruptcy?

Posted on February 25, 2012 by Allen Sanders

A Chapter 7 Bankruptcy is also known as a “straight bankruptcy” and is the most common type of bankruptcy case.  Someone who files a Chapter 7 has little or no assets to pay creditors. To qualify to file a Chapter … Continue reading →

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