Law Office of Robert W. Fong

06/02/2017

A Chapter 13 bankruptcy, also known as a wage earner’s plan, is a form of bankruptcy that is available to individuals, married couples, corporations and partnerships. Chapter 13 sets and enforces a repayment plan that includes installment payments over 3 to 5 years. Chapter 13 plans are generally used by individuals with significant debts, but have assets they would like to hold onto such as a home.

Learn more about Chapter 13 Bankruptcy: http://www.conlonfong.com/chapter-13-bankruptcy/

05/02/2017

Chapter 7 bankruptcy is the simplest, quickest and most common form of bankruptcy, and is available to individuals, married couples, corporations and partnerships. Although Chapter 7 is available to many, your eligibility and specific personal situation should be evaluated by a qualified Stockton bankruptcy attorney prior to taking any action. Another bankruptcy route may be more beneficial for certain individuals, and certain high-earners may not be eligible for Chapter 7. The most important aspect of determining whether to file Chapter 7 is the amount of exempt and non-exempt items the individual has in their possession. Only a qualified bankruptcy attorney in Stockton can help determine whether Chapter 7 is right for you.

Learn more: http://www.conlonfong.com/stockton-bankruptcy-attorney-explains-chapter-7-bankruptcy/

Stockton bankruptcy attorney explains what a Chapter 7 Bankruptcy is, and the basic steps in the Chapter 7 Bankruptcy process.

03/02/2017

When debts are piling up and creditors are hunting you down day and night, the last things on your mind are the subtle differences between the debts you owe. Many people don’t realize that those differences are incredibly important and will completely determine the course of action you should take.

Do you know the difference between Secured and Unsecured Debt?

Learn more: http://www.conlonfong.com/difference-secured-unsecured-debt/

02/03/2017

The famed rapper 50 Cent made national headlines in 2015 when he filed for Chapter 11 Bankruptcy protection, but it looks like those proceedings may now be over!

The rapper had filed back in July of 2015, listing approximately $36 million in debts and a little under $20 million assets, following a lawsuit in which he was ordered to pay a Florida woman almost $7 million. The bankruptcy judge determined that 50 Cent would need to pay $23 million to creditors holding unsecured debt as part of a 5-year plan that was agreed upon in 2016.

Learn more: http://www.conlonfong.com/rapper-50-cents-bankruptcy/

01/03/2017

Common Myths Associated with Filing for Bankruptcy

1. Everyone knows once you file for Bankruptcy

Because bankruptcy is a matter of public record, your name will be filed and available for search. But, because the number of bankruptcy filings is so large, unless someone is specifically tracking you the chances anyone finds out you have filed are very, very low. Unless you are a major corporation or prominent/famous individual and the bankruptcy filing is picked up by the media, the only people who will know are your creditors and the people you tell.

Learn more: http://www.conlonfong.com/common-myths-associated-filing-bankruptcy/

12/01/2016

The Truth About Life After Bankruptcy

Well, the truth is that a whole lot probably didn’t change except for your eligible debts being gone following discharge, and a huge amount of stress being lifted off of your shoulders. Your credit will not be strong following your bankruptcy discharge, but it almost certainly wasn’t strong prior.

Individuals who have completed a bankruptcy discharge will have record of that bankruptcy on their credit report for 10 years from the date of filing.

For many individuals, the presence of the bankruptcy on their credit report will not greatly impact their access to credit, because their score was not good before the bankruptcy discharge. The important thing is that you have completed your bankruptcy and you will now be able to begin rebuilding your credit.

Learn more: http://www.conlonfong.com/life-after-bankruptcy/

The Truth About Life After Bankruptcy Well, the truth is that a whole lot probably didn’t change except for your eligible debts being gone following discharge, and a huge amount.. read more

11/01/2016

If you are caught up in the middle of large debt, life can seem overwhelming and exhausting. You may feel hopeless with the thought that you could never catch up on with your financial responsibilities. However, that is not the case. The U.S. bankruptcy laws were designed to help people find relief from overpowering debt.

Learn more about California bankruptcy law: http://www.conlonfong.com/california-bankruptcy-law/

09/12/2016

What is Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy, also known as the “wage earners plan” enables individuals the opportunity to repay some or all of their debt under their name in better terms. It is for those who have a stable income but need a prolonged time frame in order to pay their creditors back. Under the supervision of the courts and an attorney’s contribution, adjustments and/or reductions will be implemented in a plan so the debtor could pay off the debt within a five-year time frame.

Learn more: http://www.conlonfong.com/stockton/

01/13/2016

STOCKTON, CA — After nearly four years of addressing financial issues, the city of Stockton’s bankruptcy woes are over.

Learn more: http://www.conlonfong.com/city-of-stockton-bankruptcy/

01/07/2016

Common Bill Collection Ploys

Debt collectors are relentless, but the government and society have deemed their tactics to be intolerable. There are many different tactics they use in order to reach and get a hold of your money. They use caller ID. So if you call them, make sure to use *67 so they cannot see the phone number from which you are calling. It will not work however with toll-free numbers.

Learn more: http://www.conlonfong.com/common-bill-collection-ploys/

12/29/2015

Bankruptcy is a tool that stops Harassing Phone Calls, Garnishments, Foreclosures, Repossession, Medical Bills, Tax Liens, and more. Bankruptcy is a reliable way to stop collection calls, protect assets and regain your balance. You need a bankruptcy attorney on your side.

Learn more: http://www.conlonfong.com/contact-us/stockton-bankruptcy-lawyer/

12/17/2015

Are you over your head in debt? Are the creditors constantly howling at your door interrupting dinner meals, leaving threatening messages and embarrassing you at work?

Get a FRESH START today, contact a Stockton bankruptcy lawyer today.

Learn more: http://www.conlonfong.com/contact-us/stockton-bankruptcy-lawyer/

If you are considering bankruptcy contact Stockton bankruptcy lawyer at Conlon & Fong by calling (209) 475-0499. Get a fresh start today.