Personal Injury Bankruptcy Exemption California – Attorney Mark J. Markus

by Mark J. Markus | Sep 7, 2021 | Bankruptcy Law, chapter 13, chapter 7, exemptions

Many of my clients come to me after a personal injury has rendered them unable to work. Their income loss causes them to default on their debt payments. Often this results in them needing to file bankruptcy. This article explains how personal injury claims can be...

John Oliver’s Report On Why Bankruptcy Should Be Used When Necessary

by Mark J. Markus | May 5, 2021 | Bankruptcy Law, chapter 13, chapter 7, Filing Bankruptcy, Fresh Start

Television personality and part-time comedian John Oliver recently did an important segment on bankruptcy law.   The April 18, 2021 show covered the many often misguided reasons people avoid filing bankruptcy.   It points out why bankruptcy should be used when...

Cryptocurrency and Bitcoin Accounts in California Bankruptcy

by Mark J. Markus | Apr 13, 2021 | Bankruptcy Law, chapter 13, chapter 7

Over the past several years there has been increased popularity of Bitcoin and other types of “cryptocurrency.” Cryptocurrency presents some unique, and also fairly traditional, issues in a bankruptcy case. How are these accounts and assets are treated in...

California Homestead Exemption Increased – Mark J. Markus

by Mark J. Markus | Sep 19, 2020 | Bankruptcy Law, chapter 13, chapter 7, exemptions

What Is A Homestead Exemption? A huge concern for those who need to file bankruptcy is whether they will lose their home. [pullquote]See More On Exemptions In Bankruptcy[/pullquote] Every state has “exemptions” which protect the homestead (where one...

California Homestead Exemption Set To Change For Bankruptcy Per AB 1885

by Mark J. Markus | Sep 5, 2020 | Bankruptcy Law, chapter 13, chapter 7, exemptions

California Homestead Exemption Will Increase In January 2021 On September 2, 2020 the California legislature passed AB 1885 (and SB 832) which will substantially increase California’s homestead exemption. This is a very important change and will enable many...

Small Business Bankruptcy Chapter 11, 7, 13 in Los Angeles

by Mark J. Markus | Aug 29, 2020 | business/corporate, chapter 11, chapter 7

Should Your Business File Bankruptcy? Many businesses are failing due to the COVID-19 Pandemic, especially small businesses. Business owners are faced with the difficult decision of whether to try to save their business, or fold up and close. I get many calls each...