by Mark J. Markus | Dec 13, 2021 | Bankruptcy Law
How Many Former Clients Regret Filing Their Bankruptcy Case? I have been practicing exclusively bankruptcy law in California for over 30 years. Much of that practice has been filing bankruptcy cases for debtors in need of a fresh start. And I was recently asked by a...
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...
by Mark J. Markus | Aug 27, 2021 | Bankruptcy Law, evictions/landlord/tenant
During the COVID-19 Pandemic, landlords were prevented from evicting tenants for nonpayment of rent. Thousands of renters in Los Angeles County and across the country stopped paying rent months, and in some cases, years ago. And landlords could not do anything about...
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...
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...
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...
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...
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...
by Mark J. Markus | Aug 7, 2020 | Bankruptcy Law, chapter 11, chapter 13, chapter 7, Filing Bankruptcy
It is an obvious dilemma. How can you afford a bankruptcy attorney when you have no money? Like anything else in law, representation by an attorney – and the quality of the attorney – can make a big difference. So what can be done to enable the hiring of a...
by Mark J. Markus | Jul 19, 2020 | Bankruptcy Law, chapter 13, chapter 7, credit card debt, Filing Bankruptcy
In an article titled “Millennials get woke to economic woes” Dave Lee of The Los Angeles Times examines how the COVID-19 pandemic is hitting Millennials particularly hard, economically. The pandemic tends to affect those of older generations more harshly....
