Reaffirming A Mortgage

Reaffirming A Mortgage Can I Reaffirm My Mortgage In Bankruptcy? We receive this question very frequently, and the general answer is no.  Generally, California Law provides there is no personal liability on mortgages in California except in limited cases.  As a result, reaffirming a mortgage or reaffirmation of mortgage continues to add no personal liability.  […]

Top Filers Third Quarter San Diego 2014

Top Filers Third Quarter San Diego 2014 Doan Law is one of California’s Largest Family of Attorneys, and prides itself in exclusively protecting consumer rights through bankruptcy and non-bankruptcy alternatives.  It is also the only father-and-five-sons family of bankruptcy attorneys in the entire United States.  By combining traditional family values, superior legal representation, and un-compromised […]

Top Bankruptcy Filing Firms San Diego County: 2nd Qtr 2014

Top Bankruptcy Filing Firms San Diego County: 2nd Qtr 2014 Doan Law is one of California’s Largest Family of Attorneys, and prides itself in exclusively protecting consumer rights through bankruptcy and non-bankruptcy alternatives.  It is also the only father-and-five-sons family of bankruptcy attorneys in the entire United States.  By combining traditional family values, superior legal […]

Doan Law Top Filer for 2013

San Diego Bankruptcy Attorneys Doan Law Firm Top Filer for 2013 San Diego Bankruptcy Attorneys Doan Law Firm Top Filer for 2013. Doan Law is one of California’s Largest Family of Attorneys, and prides itself in exclusively protecting consumer rights through bankruptcy and non-bankruptcy alternatives. It is also the only father-and-five-sons family of bankruptcy attorneys […]

Bankruptcy Audits

San Diego Bankruptcy Audits In 2005, the Bankruptcy Laws were amended under BAPCPA and one of the new requirements are random audits. These happen in about one of every two hundred fifty cases (1/250). So the chances of audit are small, less than 1/2 percent. But they do happen and are overseen by the United […]

Time Period to Remove Second Mortgages

Time Period to Remove Second Mortgages Once a mortgage is paid or satisfied, the beneficiary under the deed of trust has 30 days to deliver all documents to the trustee. To allow reconveyance. California Civil Code Section 2941(b)1 provides:

Dont Pass Bounced Checks!

Dont Pass Bounced Checks! Be careful of bouncing a check, it could subject you to civil and criminal penalties. If not properly dealt with, bouncing checks could become very costly and land you in jail!

Getting A Bankruptcy Discharge Without Filing Bankruptcy

Getting A Bankruptcy Discharge Without Filing Bankruptcy Yes, it’s possible. If you are married, do not ever get divorced, and have no separate property. You can get a Bankruptcy Discharge of all your dischargeable debts, if only your spouse files for Bankruptcy. This is because California is a community property state. All community debts are discharged in […]

Fair Debt Buying Practices Act Goes In Effect Soon

Fair Debt Buying Practices Act Goes In Effect Soon! The Fair Debt Buying Practices Act was passed on July 1, 2013. It will require purchasers of charged-off consumer debts to provide greater documentation and to inform debtors of their rights. Typically, debt buyers purchase defaulted consumer debts by the thousands for pennies on the dollar. […]

If I Do Not Pay, Will I Go To Jail?

Outside of rare exceptions such as with child support, taxes, and other government fines, jail is not an option when consumer debt is not paid.  The United States eliminated the imprisonment of debtors under federal law in 1833.  So if Debtor’s Prisons no longer exist, whats the harm in not paying consumer debt?

What Happens If I Do Not Respond To A Lawsuit?

It is not uncommon that we see numerous lawsuits in our Bankruptcy and Bankruptcy Alternatives Practice.  The bigger problems arise when Debtors ignore these lawsuits and they escalate.  If a responsive pleading is not filed within 30 days, the creditor will request the Court to enter default, and your wages and assets will be at […]

BEWARE OF LAWSUITS FILED BY DEBT BUYERS!

HAVE YOU BEEN SUED BY A DEBT BUYER, NOT YOUR ORIGINAL CREDITOR? MAKE SURE THEY REALLY HAVE THE RIGHT TO COLLECT THE DEBT AGAINST YOU   In the context of debt collection and debt collection lawsuits, a “debt buyer,” sometimes also referred to as a “bottom feeder,”  can be a company, individual, or even a […]

Recently Denied a Bank Account?

If you have recently been denied a Bank account, chances are you are being reported by ChexSystems.  The ChexSystems, Inc. network is comprised of member Financial Institutions that regularly contribute information on mishandled checking and savings accounts to a central location. ChexSystems shares this information among member institutions to help them assess the risk of […]

DO YOU NEED STUDENT LOAN RELIEF?

Student Loans are presently near One Trillion Dollars!  Americans now have more student loan debt than credit card debt!  Additionally, student loan debt default rates are now higher than the default rates for other debt.  The current default rate (more than 90 days behind) is presently 11%!  So what do you do if you have student loans?  […]

PROTECT YOUR IDENTITY

  Identity theft happens when someone steals your personal information and uses it without your permission. It is a serious crime that can wreak havoc on your finances and credit history. If you have unfamiliar accounts or charges on your credit report, you may be a victim of identity theft. If your identity is stolen, […]

Receive $5000 to $30,000 in a Short Sale from Bank of America?

Receive $5000 to $30,000 in a Short Sale from Bank of America? At Doan Law, we have advocated short sales for all our clients intending on surrenduring their property.  We have identified 10 reasons for this which can be found on our website.   And now there is an 11th reason.  If your lender is […]

GREAT CREDIT IN 1 TO 2 YEARS AFTER BANKRUPTCY!

Unlike other firms, our representation does not terminate upon discharge.  Rather, not only do we want to make sure that your creditors never contact you again, but also that your credit scores start improving. Although a Chapter 7 or Chapter 13 Bankruptcy may remain on your credit report for 10 years, that does not mean you […]

Credit Cards after Bankruptcy

So many people think that after Bankruptcy, their credit is forever ruined and they will never get a credit card again. Nothing could be further form the truth.  In fact, many creditors actively solicit discharged debtors for credit cards again.  For example, each day the Carlsbad office receives numerous letters from Capitol One on recent […]

Unclaimed Money?

Did you know that you may have unclaimed money floating out there?  In Bankruptcy, all assets must be disclosed.  But sometimes debtors are unaware that they have certain assets.  This can often come as a pleasant surprise!   The State of California maintains a website for individuals to search for the unclaimed property it has […]

Another Month Added To The Foreclosure Process!

If you plan on surrendering your home in Bankruptcy, the time frame has been extended another month.  Stay tuned, more on this blog to be published soon. Written by Michael G. Doan– Michael Doan is a member of the Doan Law Firm, which consists of Chula Vista Bankruptcy Attorney locations, Escondido Bankruptcy Attorney locations, La Mesa Bankruptcy Attorney locations, and San Diego Bankruptcy Attorney locations…just […]

When Do I Need To Move Out Of My Home I’m Surrendering In Bankruptcy?

Every client asks this question, and rightly they should.  While no two lenders are the same, most lenders are unable to complete their foreclosure process in under 8 months from last payment.  Moreover, Bankruptcy and Eviction Proceedings further delay the typical move out date.  For more information, please click my National Blog.   Written by Michael G. […]