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Nassar Law blog


How soon can I begin applying for credit cards after filing for bankruptcy?
18 May 2017

As a bankruptcy attorney serving the City of Whittier, this question is commonly asked. To some, it seems odd. Why would a debtor who just filed bankruptcy ask when they could begin applying for more credit cards? The answer is simple: A debtor should apply for credit cards and begin reestablishing their credit. However, applying […]

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Is my personal injury settlement exempt/protected during a Chapter 7 bankruptcy?
09 May 2017

Is my personal injury settlement exempt/protected during a Chapter 7 bankruptcy? In short: In California, pursuant to the Code of Civil Procedure, debtors can select one of two exemption systems (703 and 704). Under 703, a debtor is entitled to protect a “wild card” amount of approximately $23,250 (703.140(b)(5) and additional amount of $22,075 (703.140(b)(11)(D)(E) […]

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