3435 Wilshire Blvd., Suite 1045, Los Angeles, CA 90010   Tel. (213) 377-5447  Fax. (213) 377-5448  myi@mhylawoffices.com

December 3, 2016

When people consider filing bankruptcy, they naturally would like the whole thing over as fast as possible. No one wants to pay into a three- to five-year repayment plan unless it’s necessary. Fortunately, if you file for Chapter 7 bankruptcy, you don’t have to, because unlike Chapter 13 bankruptcy, you aren’t required to make payments to your creditors. If you’re eligible, you get to keep, or “exempt,” property, such as a simple car and household belonging...

December 1, 2016

Most individuals file Chapter 7 or Chapter 13 bankruptcy. The chapter you choose will depend on your particular needs and financial qualifications.

Chapter 7 bankruptcy quickly discharges (wipes out) certain types of debt, such as credit card balances, medical bills, and personal loans. Although you won’t need to pay into a repayment plan, you might have to give up some of your property. Also, Chapter 7 bankruptcy doesn’t help you keep a house or car if you’...

January 5, 2016

n any business, it is inevitable that legal issues arise, whether the issues are related to employees, vendors, customers, internal company issues or a myriad of other issues that can arise in day to day business life. It is important that you have a relationship with an attorney that understands your business and your business needs, and that has some insight into your philosophy with respect to running your business. A simple phone call to a trusted attor...

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