Tag: westgate law Archive
What Happens If Someone Has a Judgment Against Me from Old Credit Card Debt?
Justin Harelik
February 27, 2015
In some situations, unpaid credit card debt can lead to a lawsuit. The lawsuit could lead to a potential judgment. If someone has a credit card debt judgment against you, your wages, your bank account and your property are at risk. In California, the judgment rate of interest is set ...
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Bankruptcy Basics: What is Wage Garnishment?
Justin Harelik
January 26, 2015
Individuals who consider filing for bankruptcy have many reasons. Some have experienced life altering career changes. Others have endured long term medical conditions resulting in astronomical, unexpected bills. Still others are simply aware that their credit card balances are never going to drop to an attainable level. And others are ...
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Will My Vehicle Be Repossessed When I File for Chapter 7 Bankruptcy?
Justin Harelik
January 14, 2015
Many consumers who are considering filing for bankruptcy have the same question regarding a possible bankruptcy and auto loan, “Can my car get repossessed when I file for Chapter 7 bankruptcy?” The simple answer is yes; your car loan lender can get the court’s permission to repossess your vehicle during ...
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Bankruptcy and Taxes
Justin Harelik
January 7, 2015
It seems that anything you do nowadays is going to have tax consequences, so it shouldn’t surprise anyone that bankruptcy will have a few tax consequences of its own. Make sure you are informed about the laws regarding bankruptcy and taxes starting with noting down the difference between the consequences attached ...
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Filing for Bankruptcy to Save Your Assets: Waiting Could Hurt You
Justin Harelik
January 2, 2015
One of the most frequent mistakes made by bankruptcy filers is that they wait too long to file. It’s natural to feel a reluctance to start the bankruptcy process. Considering filing for bankruptcy and actually filing are two very different things, but don’t allow yourself to get stuck in the ...
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Rebuilding Credit: Beware Certain Types of Credit Cards
Justin Harelik
December 31, 2014
Post-bankruptcy the main concern is rebuilding credit that was unavoidably affected by your bankruptcy. When you file, the bankruptcy is a public record and will be listed as such on your credit reports from all of the major credit reporting companies. It stays on the report for years and there’s ...
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The 4th Step in Becoming Debt Free in 2015: Your Time on Stage
Justin Harelik
December 26, 2014
Once your bankruptcy case is filed, you’ll be surprised how quickly and smoothly the process moves along. Remember that millions have filed bankruptcy before you and the process has been fine tuned into a streamlined process. Tens of thousands of bankruptcy cases are handled per month in each state across ...
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Becoming Debt Free: Your Third Step
Justin Harelik
December 23, 2014
The third step in becoming debt free is to file for bankruptcy. The fact that they call it “filing” takes away from the excitement of the idea, but it’s a big day for you! Your bankruptcy attorney will file your bankruptcy electronically so it can be submitted anytime 24/7. The ...
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After Filing for Bankruptcy – Understand The Expectations
Justin Harelik
December 19, 2014
Once you’ve decided to file for bankruptcy and hand picked the bankruptcy attorney that makes you feel most comfortable, it’s important to understand the expectations. Specifically, you need to know what will be expected of you throughout the bankruptcy process. You can’t just shake your new bankruptcy attorney’s hand and ...
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The First Step in Becoming Debt Free is to Find a Bankruptcy Lawyer
Justin Harelik
December 17, 2014
Far too many New Year’s resolutions are related to improving the financial situation. If you find yourself making the same resolution to get out of debt year after year with little to no change in your total amount of debt, it’s time to approach it more practically. The first step ...
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