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Are You on the Fence About Filing for Bankruptcy? Ask Yourself These Questions to Determine if It’s the Right Choice

by Paul Y. Lee | Sep 14, 2021 | Bankruptcy

It might be tough to decide whether or not bankruptcy is suitable for you. It may be a tremendous relief in some instances. In some situations, it may not be the case. You can depend on The Law Offices of Paul Y. Lee to give you honest, unbiased counsel no matter what...

Work with a California Bankruptcy Attorney to Get These Key Benefits

by Paul Y. Lee | Aug 23, 2021 | Bankruptcy

Filing for bankruptcy may be difficult and frustrating, particularly if you are unfamiliar with bankruptcy law. You can employ a bankruptcy attorney rather than attempting to learn all the ins and outs of the law so that you can represent yourself while filing for...

Discover the Most Common Reasons Companies Decide to File for Business Bankruptcy

by Paul Y. Lee | Aug 10, 2021 | Bankruptcy

No one starts a business expecting to have to file for bankruptcy, but it may be the best option for several companies throughout the country. Most people believe that there is only one cause for businesses to file for bankruptcy: financial difficulties. The truth is...

Is Filing for Bankruptcy an Option When Facing Significant Medical Debt in California?

by Paul Y. Lee | Jul 22, 2021 | Bankruptcy

There may appear to be no way out of a pile of medical debt when you are drowning in it. To avoid being sued for some sorts of debts, such as medical expenses, there is something known as the statute of limitations that prohibits a creditor from taking legal action...

Do You Have Tax Debt? Learn How a California Bankruptcy Attorney Might Be Able to Help

by Paul Y. Lee | Jul 8, 2021 | Bankruptcy

If you go behind on your taxes, it may be a big burden to bear. You may find yourself fighting to keep up with the financial burden that your past taxes have placed on you in the first place. With the assistance of a bankruptcy lawyer, you may be able to avoid or...

How Well Do You Understand the Basics of Chapter 7 Bankruptcy?

by Paul Y. Lee | Jun 22, 2021 | Bankruptcy

If you are considering filing Chapter 7 bankruptcy, the first step is to make sure that you understand what this type of bankruptcy is all about. You can always call The Law Offices of Paul Y. Lee at 951-755-1000 to request a free bankruptcy consultation. In the...

Discover the Main Advantages of Filing Chapter 7 Bankruptcy Compared to Chapter 13

by Paul Y. Lee | Jun 8, 2021 | Bankruptcy

If you are starting to plan your bankruptcy, one of the first questions you will ask will be whether you should file Chapter 7 or Chapter 13 bankruptcy. While both have their advantages, today we will discuss the advantages of a Chapter 7 bankruptcy. If you have...

Married Couples and Bank Garnishment – Can Your Spouse’s Bank Be Garnished for Your Debt?

by Paul Y. Lee | May 21, 2021 | Bankruptcy

When a person in California has debt and does not pay it, creditors have certain legal actions they can take to recover that debt. One of those options is to garnish a person’s bank. However, can the creditor also garnish the debtor’s spouse’s bank account? Keep...

How Many Car Payments Can You Miss Before Your Car Will Be Repossessed in California?

by Paul Y. Lee | May 5, 2021 | Bankruptcy

Missing one or two car payments might have an effect on your credit score, but it is rare for a car lender to repossess a car after just a few missed payments. But how many payments will they let go by before they repossess the car? Keep reading to get the basics. If...

Just the Facts: Can You Be Arrested for Not Paying Your Debts in California?

by Paul Y. Lee | Apr 21, 2021 | Bankruptcy

If you are on social media, then you have likely seen a story going around about a man who was arrested for not paying his student loans. Despite how quickly this spread, it is not actually what happened – the man was arrested for not showing up to court. He was not...

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