Your Medicare coverage can be used to pay for your medical expenses after a car accident. You must, however, furnish Medicare an accident report whether you decide to file a personal injury claim or not. This is required because Medicare must be recompensed for the money it paid out to cover your medical treatment if you […]
Anyone who caused an accident or injury in California must pay for the injured party’s medical bills. The responsible party or their insurance provider must directly pay for these bills. Seeking prompt and proper medical treatment is an immediate concern after being injured in a car accident. Medical treatment, however, is costly and bills can […]
No one plans or predicts when an accident will occur. That's why they are called accidents. However, the reality is that they happen to us all and they happen every day. YOU HAVE SUFFERED A CAR ACCIDENT! WHAT DO YOU DO NEXT? 1. NEVER ADMIT FAULT! Not to police or to any other party, including […]
Passing a difficult means test will be the topic for another blog post (for those that are over-median earners), but for the purposes of this post, I focus on those who presumably make too much money to qualify for the garden variety Chapter 7 bankruptcy but have found themselves in the unique position to still […]
Due Diligence, Voluntary Petition, Schedules, Exemptions, SOFA, 22C with POS, Plan with Notice of 341a and POS, Priority vs. nonpriority, Trustee fees, Classes of debt, RARA with POS, Tax and DSO Dec with POS, Postpetition payments with POS, Trustee package, Plan payments, Step-ups, Tax refund issues, 109e objections, Creditor objections, Good vs. bad faith, Best […]
If you have recently been levied by a creditor then you know first-hand the nasty feeling of being attacked by surprise, sometimes without notice. In order for the creditor to have levied the money from your bank accounts, they must have obtained a court judgment against you as the debtor. (This is different from rights […]
At Barrios & Machado, we are in the unique position to offer qualified and expert real estate services through our very own Maria Borrego-DiVito, Centurion Realtor - Century 21. Mrs. DiVito is an expert in short sales and has established positive relationships with the major banks in an effort to see that your real estate […]
Former NFL star, Mr. Eddie George, is set to lose his million-dollar home to foreclosure. For many months, Mr. George, through his accountant and agents (presumably all highly competent and paid), has been working towards a loan modification with their mortgage lender. For months, Mr. George's party has been optimistic that foreclosure would be avoided […]
401K loans are debts that must be paid back and cannot be discharged in a bankruptcy. In essence, you are borrowing money from your own investments (money you have earned and set aside for retirement). There is a silver lining to paying back your 401K loans. After receiving the benefit of early withdrawal, a Chapter […]
Did you know you can file your bankruptcy any day and at any time? This is correct. If you are facing an emergency financial dilemma, you can prevent further damage by filing for bankruptcy relief and this can be done the same day you decide. How fast can I file for bankruptcy? At Barrios & […]
