Blog

Which of These Five Bankruptcy Inaccuracies Do You Believe?

by Paul Y. Lee | Jun 10, 2020 | Bankruptcy

The fact about bankruptcy is that it can help many people. It can change lives for the better. Yet many people continue to believe inaccurate information about the process. Keep reading to find out five common inaccurate myths about bankruptcy and then contact The Law...

Learn How You Might Be Eligible to Be Excused from the Mean’s Test in California

by Paul Y. Lee | May 22, 2020 | Bankruptcy

One of the things that prevents people from even considering bankruptcy as the solution to their financial issues is the idea that they will be subjected to a Mean’s test. The good news is that, in certain situations, debtors are not required to take part in one. Keep...

Could You Lose Personal Assets Due to Business Debt? The Answer May Surprise You

by Paul Y. Lee | May 14, 2020 | Bankruptcy

If you own a business that is experiencing financial hardship, you may wonder: Could this affect my own personal assets? The answer is yes. However, there are steps that can be taken to avoid this. Keep reading to learn how your business debt could affect your...

Learn Which Bills to Pay First When You Have Limited Income

by Paul Y. Lee | Apr 27, 2020 | Bankruptcy

There are many people throughout California and the United States who are dealing with a significantly reduced and limited income. If you are one of them, you may wonder: What bills should I pay first? If you cannot pay them all, keep reading to learn the order in...

Debt and Divorce: Which of Your Spouse’s Debts Are You Legally Required to Pay?

by Paul Y. Lee | Apr 13, 2020 | Bankruptcy

There are many frustrating, confusing, and difficult aspects of divorce. Determining who is responsible for paying off debt is one of them. In California, we are a community property state. That means that, for the most part, any debt incurred during the marriage...

What to Do if You Can’t Pay Your Car Payment During the COVID-19 Pandemic

by Paul Y. Lee | Mar 20, 2020 | Bankruptcy

You would be hard-pressed to find anyone who is not affected by what is happening with COVID-19 right how. At The Law Offices of Paul Y. Lee we know that people who were already having a hard time paying their bills may be feeling a real pinch now that their work is...

Can Your Home Be Foreclosed on During the COVID-19 Pandemic? Get the Answers You Need

by Paul Y. Lee | Mar 9, 2020 | Bankruptcy

If you are out of work due to COVID-19, or have seen your hours significantly reduced, then you are likely understandably wondering: What if I cannot pay my mortgage payment? Can the bank put my house into foreclosure during this time? At The Law Offices of Paul Y....

Your Bankruptcy Dictionary: Learn What the Most Important Terms Mean

by Paul Y. Lee | Feb 19, 2020 | Bankruptcy

There are many reasons that even thinking about filing for bankruptcy in California can feel overwhelming. The good news is that you have an experienced bankruptcy attorney to help you determine the right way forward. In the meantime, you can also read on to learn the...

A Bankruptcy Filing is No Place to Do-It-Yourself

by Paul Y. Lee | Feb 11, 2020 | Bankruptcy

It may seem that there are options to do-it-yourself for just about anything. Do you want to do your own taxes? There’s an app for that! Do you want to set up your own retirement account? There’s an app for that! One thing we strongly recommend you do not do without a...

Crunch the Numbers: Does it May More Sense for You to File Bankruptcy or Pay Off Your Debt?

by Paul Y. Lee | Jan 21, 2020 | Bankruptcy

You may be one of many people who have been going back and forth about whether or not you should file bankruptcy. The truth is not as simple as you may think but finding the answer is straight forward. Keep reading to learn more and then contact The Law Offices of...

Welcome to The Law Offices of Paul Y. Lee