ByRex Tran Tran Bankruptcy Law are Bankruptcy Law Professionals located throughout Southern California, including Los Angeles, Orange County and Riverside. Specifically, the  Professionals have offices in Monterey Park, Santa Ana and the City of Riverside. They started practicing professional bankruptcy law since 2012. Attorney Rex Tran has over 1000 Chapter 7 and Chapter 13 bankruptcy cases filed.... The post Bankruptcy Law Professionals appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran The causes of debt problems are as varied as the people who experience them. Job loss and unexpected medical bills are frequent factors. You may be considering bankruptcy as an option. Whether filed as a Chapter 7 liquidation or a Chapter 13 repayment plan, a bankruptcy case will be completed upon the issuance of a... The post How Long Does Chapter 7 Bankruptcy Take in Riverside, California? appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran When a person files a Chapter 7 bankruptcy petition, the federal Bankruptcy Code requires that he or she must surrender assets to the bankruptcy trustee. The trustee, in turn, liquidates the assets in this so-called bankruptcy “estate” and distributes the proceeds to creditors. However, the accepted intent of the Code is to rehabilitate and not... The post Which California Bankruptcy Exemption System Should I Use? appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran Though finding a benefit in the upheaval of the Great Recession of 2007 is a challenge, it does appear to have furthered the demise of the societal stigma associated with personal bankruptcy. Studies suggest that the stigma of filing for personal bankruptcy began in the 1990s. Since many small businesses are closely associated with their... The post Dealing With Small Business Debt: Alternatives to Bankruptcy in Riverside, California appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran By and large, Americans are spenders, not savers. Nowhere is this more clearly shown than in studies regarding the typical amount we have saved for retirement. An ever-shrinking minority, whether employed in the private or public sector, people have “defined benefit plans” (“pensions”) on which to rely. As for the rest, though, despite the creation... The post Your Pension in Bankruptcy in Santa Ana, California appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran Current Legal News Related to Bodily Injury-Personal Injury   Testimony of scientific experts is common in both civil and criminal litigation. Juries are rarely comprised of individuals qualified to evaluate scientific evidence, and the testimony of experts with appropriate qualifications is often needed to help them reach a verdict. For example, the plaintiff in a... The post Scientific Expert Witness Testimony – Where You Sue Can Make a Difference appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran With couples tending to delay marriage until their late 20s and beyond, it has become common for them to bring existing financial and household assets to the relationship. The resulting decisions, while not always easy, tend to revolve around things such as whose furniture to keep and whether to open a joint bank account. Sometimes,... The post Newlyweds and Bankruptcy appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran Though a downward trend in foreclosures in 2017 has been positive news for many American homeowners, a significant number still struggle to make mortgage payments on homes in which they have little or no equity. According to real estate intelligence firm RealtyTrac, foreclosure rates remain well above pre-2008 levels. While mortgage servicers have legally-imposed obligations... The post When Chapter 7 Bankruptcy is Better Than Chapter 13 Bankruptcy appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran As is so often the case, the answer here is that “it depends”. Only an experienced bankruptcy lawyer can provide reliable advice regarding your options. Here, however, is some general information. Marital Debts and Marriage Trends Debts incurred during marriage, are most often owed “jointly and severally”. This means that the creditor can seek repayment... The post I Have Debts and Little Income. My Spouse Has a Good Job. Should I file for Bankruptcy? appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more

ByRex Tran The decision to file for bankruptcy is a significant and serious one, and should only be made with the advice of an experienced bankruptcy lawyer. For many homeowners, the most significant question is whether it is possible to remain in their homes once they have filed a bankruptcy petition. Whether a homeowner’s residence can be... The post Your Home in Chapter 13 Bankruptcy appeared first on Tran Bankruptcy Law | Orange County Bankruptcy Attorney ..read more