LITIGATING VIOLATIONS OF STAY

A party who files a bankruptcy proceeding is called the “debtor.”  A party who is, or claims to be owed money by the Debtor is called a “creditor” (whether or not the Debtor agrees that money is owed). When a bankruptcy case is filed, the “Automatic Stay” immediately goes into effect.  This is a court …

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DEALING WITH DEFAULTED SBA LOANS

During the Covid pandemic, a number of businesses got loans from the Small Business Administration.  Now, some of these loans are in default.  Based on our experience, and other information available, the SBA has not been overly aggressive on collecting past due loans.  Although we’ve had quite a number of clients facing lawsuits, we haven’t …

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WHAT INFORMATION SHOULD YOU REVEAL TO YOUR SPOUSE IN A DIVORCE CASE?

If you are going through a divorce, how much should you let your spouse know?  The short answer is “everything.”   At least everything that might relate to your finances.  California Family Code Sec. 2100 requires that shortly after a divorce proceeding is filed, both parties must make a full and accurate disclosure of all assets …

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SUMMARY DISSOLUTION IN CALIFORNIA

“Summary” means a brief account of something giving the main points, or done quickly without formality.  In legal proceedings, it means short and free from the complexities of a full trial.  Summary comes from Latin summa, meaning “whole, totality or gist.” Summary Dissolution is a procedure in California under which a married couple can get an easier (but not faster) divorce. …

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