Law Office of Lance Dacre

For a free confidential consultation with an experienced American canyon criminal defense lawyer, please call attorney Lance Dacre at (707) 534-1854.

Bankruptcy: Keeping Tools of Your Trade

California bankruptcy laws are intended to relieve you of an overwhelming burden of debt, allowing you to get back on your financial feet. For that reason, if you file Chapter 7 (often referred to as a “straight bankruptcy”) or Chapter 13 (bankruptcy where you pay your debts under a plan approved by the court), you will be able to keep certain tools of your trade and business property.

Legalize Pot in California?

Advocates of legalization of pot hope 2012 will see the Golden State turn green. The Repeal Cannabis Prohibition Act of 2012, filed with the Attorney General of California, calls for the possession and use of marijuana by adults to be legalized.

What Can You Keep After Filing Bankruptcy?

Many misconceptions about bankruptcy center on what a person can keep and what will be sold to pay bills. Let’s break the question down into three parts, Chapter 13 vs. Chapter 7 bankruptcy, exempt property, and secured/unsecured loans.

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