Listen to your bankruptcy lawyer!!!

Written by: leonora  |  Published on: February 1st, 2011

I have a client that paid me not a small amount of money to file her Chapter 13 bankruptcy case. She heard about me from her trusted family friend that has previously retained me for a bankruptcy. We filed her Chapter 13 case and stopped a foreclosure on her property. Prior to filing her case, she has not paid her mortgage and taxes for more than a year. After the filing of her case, I prepared a one-page list of written instructions on how to make 1 monthly payment to the Chapter 13 Trustee (to catch up on back mortgage [...]

Individual Bankruptcy Filing Can Give Our Economy a Boost.

Written by: leonora  |  Published on: November 9th, 2010

Long ago when I was a young undergraduate student in the sunny University of California San Diego, I was trying to find a major I would both enjoy and could pass off as “useful” to my parents. After a short stint as a pre-med student, an engineering major, I finally decided that “Management Science” was the one major that fit that description in my case. Of course, in numerous interviews after UCSD, I found out that no one actually knew what this magical major entailed. I finally got tired of trying to explain the stuff about Econometrics and optimized output [...]

Can you buy a house after bankruptcy?

Written by: leonora  |  Published on: October 29th, 2010

Yes, you can buy a house after bankruptcy. See tips below for things to do to maximize your chances. Bankruptcy is a big decision that should not be taken lightly. I would never advise anyone to approach the potential bankruptcy filing as anything but a big step. However, some people think that bankruptcy is the END. They will never be able to have a credit card again and they can certainly forget about ever buying a house. Guess what? That’s VERY wrong! You certainly CAN BUY A HOUSE after bankruptcy. Can I guaranty that you will be able to buy [...]

Budget tips for young women. 6 tips on how to enjoy life and not overspend.

Written by: leonora  |  Published on: October 29th, 2010

Life does not have to stop just because you are broke. Even if you wanted to, it probably still would not. Life doesn’t have to stop just because you are broke. Even if you wanted to, it probably still wouldn’t. Guess what, your friends will still invite you out to dinner, birthdays and holidays will still come around, so will dates and nights out. 1. Cook in, instead of dinner out – Instead of going out to dinner, which in LA will cost at least $20/person (without a drink) when you include tax and tip, consider having nights in when [...]

Can Unemployment Overpayment Debt Be Discharged in Bankruptcy?

Written by: leonora  |  Published on: October 7th, 2010

Yes, it will likely be discharged like any other unsecured debt, absent a showing of fraud. Therefore, if it was a clerical error on the part of California EDD, However, one thing to be careful about is the equitable right of recoupment. What is RECOUPMENT and how does it apply to employment overpayment? In English – it means that if Ann has to repay Betty $200, Betty then breaks Ann’s bike costing $50, Ann can repay $50 less to Betty, or $150, based on the concept of Recoupment. It doesn’t make sense for Ann to have to pay $200 to [...]

We help people file for bankruptcy, in addition to other legal services. As such, we are designated a debt relief agency by the U.S. Bankruptcy Code.This site is for general informational purposes only. Nothing on this site is legal advice. No attorney-client relationship is created until a written agreement is entered into and signed by you and Leonora Gorelik. Law Offices of Leonora Gorelik 3835 Hayvenhurst Ave. Encino, CA 91436