March 26, 2011

Bankruptcy and California Foreclosure Evictions

The state of California has one of the highest rates of eviction due to foreclosure in the country. If you are facing a California foreclosure, chances are you will be evicted. Many home owners apply for a loan modification, or pray for a short sale opportunity, but they eventually find themselves becoming a California foreclosure statistic.

If government modification programs and short sales are not the answer, than what is?

Home owners have an option to file for bankruptcy protection and save their home. When a person files Chapter 13 bankruptcy, the court will restructure all of their debts, including their mortgage, into an affordable monthly repayment plan. Once the petition for bankruptcy has been filed, the home owner is safe from eviction until the bankruptcy case has been determined. 

Once you are approved for a Chapter 13 bankruptcy, your home is protected from foreclosure, and you are safe from an eviction. You will need to make the payments to the court each month to remain in good standings. After the repayment period is over, you will assume regular payments on your mortgage again.

If you have a question regarding Bankruptcy in Sacramento please contact us at and we can connect you with one of our experienced California Bankruptcy Attorneys . Bankruptcy Law Firm can assist you with all aspects of your bankruptcy case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, lien stripping , a cram down, stopping a foreclosure or wage garnishment, asset protection, discharging debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist in all of these important areas. Please complete our free bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy.

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November 12, 2010

Is Bankruptcy Law Complicated?

A Sacramento bankruptcy attorney gives her opinion on the complexity of bankruptcy laws.

One of the ironies about about filing for bankruptcy is that it costs. That means that at the point when you are financially at your weakest and you need the most help, you need to spend money you may not have. That would be the reason that a lot of people who are considering bankruptcy will ask, is bankruptcy law complicated?

The fact is that bankruptcy law can be complicated and difficult to understand, but it is not something that is beyond the average person's ability to comprehend. If you are willing to do a little research then you should be able to file bankruptcy without the help of an attorney and for minimal cost. With that being said, if you can afford the services of an attorney, then it's probably best to entrust your bankruptcy to be handled by a professional who has a lot more experience than a few hours of research on the net.

Please do not hesitate to contact us at our Sacramento office by calling 916.792.6025 or for your debt resolution needs. You can receive a free consultation over the phone, or request a free in person appointment at a Bankruptcy Law Firm office nearest you. Please visit our website at www.sagarialaw.com and fill out a free online evaluation form to determine if you are a qualified candidate for bankruptcy. Bankruptcy Law Firm's team of bankruptcy lawyers, bankruptcy client care specialists and bankruptcy staff at Sacramento can assist you with all aspects of your bankruptcy case. We at Bankruptcy Law Firm can assist you regarding filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. and we are happy to help! Our bankruptcy attorneys located throughout California and Oregon can assist you with your bankruptcy questions.

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October 25, 2010

What is a Beneficiary?

A Sacramento bankruptcy attorney describes the role of a beneficiary.

A beneficiary entity classified by a deed of trust used in a home loan. A deed of trust is a document where the title to real property is transferred from the borrower to a trustee, which holds it as security for a loan between the borrower and the lender. The lender is referred to as the beneficiary.

When the loan is fully paid, the monetary claim on the title is transferred to the borrower by reconveyance to release the debt obligation. If the borrower defaults on the loan, the trustee has the right to foreclose on and transfer title to the lender or sell the property to pay the lender from the proceeds.

If you have questions regarding bankruptcy in the greater Sacramento area , please contact our Sacramento Bankruptcy Attorneys at (916) 492-6025 or (1800) 941-6730 for a free consultation or visit www.sagarialaw.com and request a free face to face appointment in a Bankruptcy Law Firm office location nearest you. Our team of Bankruptcy Lawyers, Bankruptcy Client Care Specialists and Bankuptcy staff supporting Sacramento and Roseville consumers in debt can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, Sacramento and Roseville!

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May 28, 2010

Chapter 11 Bankrutpcy Code

A Sacramento bankruptcy lawyer comments on the Chapter 11 Bankruptcy Code

Chapter 11 of the Bankruptcy Code provides the law that any corporate reorganization must meet. The Code provides for the filing of an voluntary petition and rights of nondebtors such as creditors. The time frame is outlined setting forth who will serve as trustee and when the creditor's meeting will take plan. The Code also provides for the employment of entities necessary to run the bankruptcy or business and gives requirements for how the business will continue to operate.

Next the Code provides for the business to file a plan and disclosure statements. Votes are solicited from parties in interest and actual voting takes place. If the business cannot devise an accepted plan other parties may file plans. The filing business will set a confirmation hearing and objections to the plan are heard if there are any. Any confirmed plan must meet the confirmation requirements under Chapter 11.

Once the plan is confirmed then the business receives a discharge and the revesting of property to itself. The case is finally closed and the business is reorganized.

If you have questions regarding Bankruptcy in Sacramento please contact us at (916) 492-6020 in Sacramento or (916) 724-1690 in Roseville for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced Sacramento Bankruptcy Attorneys. After you have spoken with one of our Sacramento bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of Sacramento Bankruptcy Lawyers can assist you with all aspects of your bankruptcy or legal debt settlement case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, Sacramento and Roseville!


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100% Money-Back Guarantee from Sagaria Law

If the courts do not accept your bankruptcy filing because of an error on our part, we will refund 100% of your money, including the filing fee!

At Sagaria Law, PC we want to guide you on the path to financial freedom and realize this is not an easy task for most. We respect your devotion to better your circumstances even with financial hardship and thus are willing to guarantee that if you retain us, we will do everything we can, legally and ethically, to help you become debt-free.

The Fine Print

The Sagaria law guarantee covers everything that a bankruptcy law firm produces in order to successfully complete a bankruptcy filing. We guarantee that it will be done in a manner that is accepted for filing with the bankruptcy clerk's office.

There may be reasons beyond our control that may cause a case to be dismissed. Therefore, the 100% Money-Back Guarantee does not guarantee;

  1. That you will receive a discharge.
  2. That you will receive a discharge of all debts or of any particular debt.
  3. That your case won't be dismissed for reasons not related to the paperwork being accepted for filing.
  4. That you, our client, will successfully complete all of your obligations including accurate disclosure of debts, completing your forms on time and attending your 341 meeting as scheduled.
  5. That you will not lose assets in chapter 7, or that creditors won't successfully argue for the repossession of collateral in chapter 13.
  6. That you will not encounter challenges of any kind to your bankruptcy case.

Take advantage of this offer. Get started now by completing your FREE online bankruptcy evaluation, accessible from our home page.

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