Federal Judge Files for Bankruptcy
Posted on May 9, 2012 3:55pm PDT
A California federal judge has reportedly filed for personal bankruptcy. According to reports, the judge has allegedly filed and now plans to have his Rancho Palos Verdes home put on the market. He allegedly listed assets at about $833,426 in his bankruptcy filing. On the other side, he reportedly listed liabilities at about $895,292. The judge filed for
Chapter 7 bankruptcy as he can liquidate his assets to pay off some of his debts.
It’s never easy to file for bankruptcy, but it doesn’t have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your life again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter. With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.