Articles

Small house model beside a chalkboard with the word “LIEN” written on it, symbolizing property lien and lien priority in real estate law.

What is a Lien Priority in Auburn CA?

Get Tax Resolution for Your Tax Problem Are you a resident of Auburn, CA, and wondering, “What is a lien priority in Auburn CA?” Bottomline Lawyers is here to help. A lien priority is a legal claim placed on a property by a creditor to secure debt payment. It is

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What Are the Pros and Cons of a Chapter 13 Filing?

Not all debtors qualify for a Chapter 7 filing, so it can be helpful to also learn about Chapter 13. Here are its advantages: ADVANTAGES • All property can be retained so long as the terms of the plan are fulfilled • An unincorporated business may continue to be operated

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Assets and Debts in Bankruptcy

ASSETS The Bankruptcy Code has a list of exempt property that basically serves as a model for state laws. In some states, debtors can apply these federal exemptions to their property; in other states, debtors must use the ones provided under state law. There is an important caveat. If the

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A Guide to Paying Off Credit Card Debt

In the United States, credit card use is a common occurrence. The problem? When you find yourself looking at a balance due that is far larger than you can pay off in a couple months. As of March 2019, the Federal Reserve has found that the total credit card debt

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Tips for Staying Out of Financial Trouble

To stay out of financial trouble in the future you need to understand your financial weaknesses, and work to stay clear of them. Reduce Reliance on Credit Cards If overuse of credit cards got you into trouble, try living without them for awhile. Use a debit card instead, but use

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Are you spending more money than you should?

If you are currently spending too much to reach you savings or debt reduction goal, you have two options: 1) increase your income; and/or (2) cut your expenses. Increasing Your Income Increasing your income may or may not be a practical solution given the nature of your job and the

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Budgeting your way to Financial Security and Success

WHY BUDGET? You may have yawned (or cringed) when you read the title of this article, but please keep reading. This information is important for anyone who has ever worried about money or been in financial distress, which is almost everyone. We’ve all been told over and over again to

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A Real Zombie Mortgages

Despite what the movies would have you think, there’s a very real zombie problem in the United States that only a few people understand BUT one that can have a hugely negative impact on homeowners.  Zombie Mortgages.  I know how it sounds, but the reality is this:  in the Great

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