San Jose Bankruptcy Blog

By Ryan C. Wood Filing bankruptcy is no easy task and it is even more complicated if you chose to file a Chapter 13 bankruptcy case. There are a number of common chapter 13 bankruptcy questions we receive time and time again. The following are questions that arise in most Chapter 13 b

By Ryan C. Wood If you bank with Wells Fargo Bank and you file for bankruptcy protection you need to be aware Wells Fargo Bank can now legally freeze your bank accounts after you file for bankruptcy if you live in the 9th Circuit. For those of you living in California, this applies to

By Ryan C. Wood The single most important grant of power to the bankruptcy court is the power of the automatic stay. The automatic stay is the backbone of the bankruptcy process. The automatic stay stops any and all collection activity including lawsuits, wage garnishment, foreclosure

By Ryan C. Wood Something many people do without notice or praise is contribute money to their favorite charitable organization each month. It is not uncommon for people to continue to make donations even during times of hardship if they are able to do so. They do this for many reason

By Ryan C. Wood The answer is an emphatic yes. If you somehow own a star in the sky, or a rock on the moon and they are worth nothing, it is property of the bankruptcy estate when you file for bankruptcy protection and must be disclosed. At the same time, if the property is worth some

By Ryan C. Wood There has not been too much movement in actress Teri Polo’s Chapter 11 bankruptcy case since I last checked in. A couple of operating reports were filed regarding Ms. Polo’s income and expenses since the case was filed and the approval of professionals to represent Ms.

By Ryan C. Wood What if I cannot pay my Chapter 13 plan payment? First of all it happens. It is called a change in circumstances and circumstances can change multiple times throughout a Chapter 13 Plan. Second, ever case is different and different circumstances call for different solu