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Yes, Filing Personal Bankruptcy Can Affect Your Business – Learn How Bankruptcy Attorney Can Help

by Paul Y. Lee | Aug 24, 2022 | Bankruptcy

Although owning a small business has many benefits, there are also many risks as well. Simply put, employees of major firms or government agencies have a much higher level of job security than small business owners. Sometimes small business owners find themselves...

Everyone Should Know the Truth Behind These Common Bankruptcy Myths

by Paul Y. Lee | Aug 10, 2022 | Bankruptcy

You should certainly take the time to consider all of your alternatives for regaining control of your finances if you are battling with mounting debts. Bankruptcy is included here. Due to erroneous information about what bankruptcy is and does, people all too...

Yes, Hiring a Bankruptcy Attorney is Worth it: Learn Five Ways It Can Pay Off

by Paul Y. Lee | Jul 22, 2022 | Bankruptcy

Technically, a person is able to submit a bankruptcy petition without an attorney’s assistance. Why would you want to, though? The modest money you might save by not engaging an attorney might be easily overshadowed by the expenses and hold-ups associated with...

Are You Torn About Whether or Not to File for Bankruptcy? Ask Yourself These Three Questions

by Paul Y. Lee | Jul 7, 2022 | Bankruptcy

Do you struggle with debts that, despite your best efforts to pay them off, just keep piling up? It might be time to think about filing for bankruptcy. Take into account the answers to these 3 questions as you decide. Then call The Law Offices of Paul Y. Lee at...

Just What is a Bankruptcy Trustee? Get the Facts and Learn the Terms Today

by Paul Y. Lee | Jun 22, 2022 | Bankruptcy

In every case, a neutral bankruptcy trustee is appointed to monitor and implement the different bankruptcy tasks. The trustee’s principal duties and obligations involve managing bankruptcies and distributing funds to creditors. Read on to learn more about the...

Is There a Perfect Solution to Crippling Debt? No but There Are Options

by Paul Y. Lee | Jun 9, 2022 | Bankruptcy

If you have a lot of debt, you’re probably looking for the best approach to deal with it. We can help you discover a solution at The Law Offices of Paul Y. Lee, but it’s vital to remember that no solution is perfect. There are many options and resources...

Ask a Bankruptcy Attorney: What Happens When a Creditor Objects to My Bankruptcy Filing?

by Paul Y. Lee | May 24, 2022 | Bankruptcy

If and when you have an aggressive creditor, whether you are a firm or an individual, your bankruptcy case becomes considerably more difficult. Many creditors understand that you are filing bankruptcy for valid reasons, not with the purpose of defrauding or...

Should You Include Student Loans in Your Bankruptcy Filing? You Might Be Surprised

by Paul Y. Lee | May 11, 2022 | Bankruptcy

You’ve got nothing to lose by looking into the prospect of having your student loans erased through bankruptcy. For many people, both students and elderly persons who may have co-signed loans for young relatives, student loan debt is a debilitating burden....

These Are the Mistakes You Must Avoid if You Want to Avoid Being Accused of Bankruptcy Fraud

by Paul Y. Lee | Apr 17, 2022 | Bankruptcy

It might be quite tempting to try to complete your bankruptcy papers on your own if you are considering filing for bankruptcy. After all, the last thing you want to do when you’re already drowning in debt is add to it. The reality remains, however, that engaging...

What Happens When One Spouse Wants to File for Bankruptcy and the Other Doesn’t?

by Paul Y. Lee | Apr 7, 2022 | Bankruptcy

California is a community property state, as you may or may not be aware. As a result, many individuals believe that if one spouse declares bankruptcy, the other must as well. While this is true in some instances, it is not the case in all. Keep reading to learn more...

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