Alberto Montefalcon and the Montefalcon Law Offices serve all residents of the Sacramento area. We proudly serve individuals who need to file bankruptcy to solve their financial problems. Whether married or single, if you need to solve your problems related to financial difficulties, we may...
A chapter 13 discharge is distinct from a chapter 7 discharge. A chapter 13 discharge releases a chapter 13 debtor from the legal obligation to repay all debts provided for by the plan or disallowed, with some exception. Some debtors may fail to complete their...
Bankruptcy debtors with questions related to the meaning of a discharge in a bankruptcy case should consult with experienced and knowledgeable bankruptcy counsel. A chapter 13 discharge, which is distinct from a chapter 7 discharge, releases a chapter 13 debtor from the legal obligation to...
An experienced bankruptcy attorney like Alberto Montefalcon has the expertise and experience to assist all chapter 13 debtors who must reorganize and file a chapter 13 repayment plan. Additionally, a chapter 13 plan must be able to withstand any objection by creditors and be confirmed...
Do you have problems making bill payments? Are these payments regularly delinquent? Is this monthly routine causing financial hardship and even other non-financial problems? Is this stress negatively affecting quality of life? Is bankruptcy a viable option and solution? Have you considered it? If so,...
Chapter 13 of the Bankruptcy Code provides for the adjustment of debts of an individual with regular income permitting a debtor to retain property and pay debts over a time period defined by federal law. By filing a chapter 13 bankruptcy case, debtors propose a...
Federal law, specifically Title 11 of the United States Code, sets forth the statutes governing the various types of bankruptcy relief. Different chapters of Title 11, specifically chapters 7, 11, and 13, detail the most common types of bankruptcy relief. Today's blog summarizes the type...
Congress, through its enactment of The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), created what is known as "The Means Test" to determine potential bankruptcy debtors' ability to repay any of their general unsecured debt. Debtors compute their income as defined by...
A bankruptcy attorney's fees for the representation of a debtor are typically a flat fee in Chapter 13 bankruptcies. While these fees are not determined by the bankruptcy court, in some situations, court-approval may be required. Debtors and attorneys may freely negotiate a fee for...
Unfortunately, bankruptcy debtors, especially those that represent themselves, often make errors on their bankruptcy petition, schedules, or statement of financial affairs. However, while they may correct any mistakes with the necessary amendments, retaining an experienced bankruptcy attorney like Alberto Montefalcon at the very inception of...