March 25, 2011

Hollywood Files Bankruptcy

Despite the glamorous and luxurious lifestyles of America's film and music stars, appearances can often be deceiving. The high profile, big spending lifestyles of the Hollywood giltterati isn't equally sustainable for everyone. Before his death, reports indicated that Michael Jackson was on the brink of bankruptcy. Ironically, it was his death which saved him, as he his estate has netted more since his death than he ever did alive. Steve Baldwin, brother of Academy Award-winning actor Alex Baldwin has also had trouble with financial solvency. In 2009, Steve was forced to declare bankruptcy due to poor borrowing and real-estate decisions. Donald Trump has appeared in the homes of millions as the image of financial success. However, before his role on apprentice, the real estate mogul was on the verge of declaring chapter 11. Despite their size and global prominence, Hollywood film studios are not exempt from financial difficulties. In 2010, MGM was forced to declare bankruptcy following a 2005 leveraged buyout. Even though the world of Hollywood may seem glamorous on the surface, often times the lives of the rich and famous are not as effortless as they appear.

If you have a question regarding Bankruptcy in San Francisco please contact us at 1800.941.6730 and we can connect you with one of our experienced California Bankruptcy Attorneys . Sagaria Law can assist you with all aspects of your bankruptcy case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, lien stripping , a cram down, stopping a foreclosure or wage garnishment, asset protection, discharging debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist in all of these important areas. Please complete our free bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy.

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July 1, 2010

Who is the bankruptcy judge for San Francisco?

A San Francisco bankruptcy attorney explains who the bankruptcy judge for San Francisco is...

How many bankruptcy judges does San Francisco have?
There are two bankruptcy judges in San Francisco. The judges’ names are Judge Montali and Judge Carlson.

Is a bankruptcy judge the same as a state court judge? No. The bankruptcy code is federal law so the bankruptcy judges are federal judges. However, the bankruptcy court is a court of specific jurisdiction, meaning that you cannot file any other claim in bankruptcy court except for matters related to bankruptcy.

How long have the San Francisco judges been on the bench?
Judge Carlson was appointed to the bankruptcy court in 1985. Judge Montali was appointed in 1993. Both judges, prior to being appointed, had extensive experience in bankruptcy.

Will I have to appear in front of a bankruptcy judge in San Francisco?
That depends on what chapter of bankruptcy you file and whether you decide to keep certain personal property that you do not own outright. Generally those who file chapter 7 bankruptcy do not ever appear in front of a bankruptcy judge unless they are asking to re-assume liability for a certain debt. Those who file other chapters of bankruptcy usually will have to appear in front of a bankruptcy judge.

If you have questions regarding bankruptcy in San Francisco or bankruptcy in the greater Bay Area please contact our San Francisco Bankruptcy Attorneys at (415) 946-8882 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Francisco Bankruptcy Attorneys. After you have spoken with one of our Bay Area bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of Bankruptcy Lawyers, Bankruptcy Customer Care Specialists and Bankuptcy staff supporting San Francisco and Bay Area consumers in debt can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Francisco Bay Area!

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Posted In: Bankruptcy Court

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June 8, 2010

Where is the Bankruptcy Court in San Francisco?

A San Francisco bankruptcy attorney answers: Where is the Bankruptcy Court in San Francisco?

Where is the best place to spark for the bankruptcy court in San Francisco?
Parking for the bankruptcy court in San Francisco gets more expensive the closer you get to the courthouse. If you do not mind walking the Sutter/Stockton garage is one of the lesser expensive garages in the area. Otherwise there are numerous garages on Pine Street. However, those garages are three to four times as expensive as the Sutter/Stockton garage.

Is there a security line to wait in?
It depends. Unlike the courthouse in San Jose or Oakland, there is no security to go through if you are going to a meeting of the creditors. If, however, you are appearing before a judge, you must go to the 19th floor and pass through security. Then you can re-enter the elevators and proceed to the level where the judge’s courtroom is located.

How early should I arrive?
If you have a meeting of the creditors it is generally best to arrive 15-20 minutes early. That way you can meet your attorney and go over any last minute questions. Generally the trustee keeps the calendar moving on time so it is important that you arrive prior to your meeting time. If you are attending court, arrive 30 minutes early to discuss with your attorney exactly what is going to happen and to prepare yourself for any questions that the judge may ask.

If you have questions regarding bankruptcy in San Francisco or bankruptcy in the greater Bay Area please contact our San Francisco Bankruptcy Attorneys at (415) 946-8882 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Francisco Bankruptcy Attorneys. After you have spoken with one of our Bay Area bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of Bankruptcy Lawyers, Bankruptcy Customer Care Specialists and Bankuptcy staff supporting San Francisco and Bay Area consumers in debt can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Francisco Bay Area!

Posted by Scott Sagaria | | Email This Post | Comments (0)

Posted In: Bankruptcy Court

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