The average household credit card debt in California stands at $10,496, the fourth highest in the nation, while the average mortgage debt in the Golden State has reached a whopping $363,537. Since that time, household and business incomes have both suffered severe fluctuations, while home prices throughout the state have continued their seemingly unending rise.
In 2019, nearly 60% of California drivers surveyed said they had been hit or nearly hit by a driver who was texting or talking on a mobile phone. 51% admitted they had made mistakes while driving and using their phone. Every year in California, distracted drivers cause thousands of accidents, with many resulting in significant injury or death.
Life's financial curveballs can sideline you from paying bills or meeting your other financial needs. If you think bankruptcy is the right step for you, it’s important that you understand how to navigate the bankruptcy process and what you need to do to protect yourself.
In 2019, there were about 493,066 properties with foreclosure filings, representing 0.36 percent of all housing units in the United States. Due to nonpayment, your mortgage lender can repossess your house legally through foreclosure.
According to the California Highway Patrol, there is an average of 600 to 700 passengers killed in car accidents annually. Many of these accidents are caused by negligence or reckless driving. Sadly, passengers have little to no control over what happens in a vehicle.
If you are hurt in an accident and are trying to understand how personal injury claims work, or what to expect when you file, it’s important to consult with a knowledgeable California personal injury attorney. The Winter Law Group can provide experienced legal guidance and explain your options for filing a claim.
Many people hesitate to file for bankruptcy for fear of losing their possessions. However, the court has no interest in making people live in poverty in order to pay off debt. You have rights and options under the law.
If you are seasonably employed, self-employed, or working on reduced wages, you need to take time to understand the full impact a bankruptcy filing will have on your financial outlook. If you have equity in your home, you may benefit from filing for bankruptcy to protect it from being sold.
