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Blog Posts in December, 2012

  • Understanding the Servicemembers' Civil Relief Act

    || 24-Dec-2012

    Debt can be overcoming for anyone, including members of the military. Although this is a facet of bankruptcy law that is often overlooked, members of the military service are just as in need of legal representation as are all other law abiding citizens of our country. Therefore, we will take this time to further explain the Servicemembers' Civil Relief Act, which from here on out, shall be ...
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  • After the Holidays, What Will Your Debts Look Like?

    || 21-Dec-2012

    Overspending and exceptional credit card use can be a recipe for disaster, especially when it leads to overwhelming debt that cannot be met by timely financial payments. This is a problem that is faced by many Americans throughout the country, and during the holidays, it often presents as an increasing problem. One after another – Halloween, Thanksgiving, Hanukah, Christmas, New Years, and ...
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  • Chapter 11 Bankruptcy: How it Works

    || 19-Dec-2012

    Reorganization under the Bankruptcy Code is more commonly referred to as Chapter 11 bankruptcy. Generally, this chapter of the Bankruptcy Code is reserved for corporations and partnerships, but individuals may seek debt relief in this way as well. This type of bankruptcy is usually initiated by a debtor who offers a plan that proposes reorganization as a means for keeping a struggling business ...
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  • Learn More About Your Trusted Irvine Bankruptcy Attorneys

    || 18-Dec-2012

    Financial struggles can be named among some of the most stressful experiences individuals and families can ever go through. Whether it is extensive medical bills that caused you to go into debt, losing your job or just spending money you didn't have, every person deserves a second chance. At Peter Rasla & Associates, P.L.C. , we are committed to helping clients get their life back on track ...
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