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Home » California » Laws and Legal Materials

California Laws and Legal Materials

Welcome to OVLG's California laws and legal information center. Know state laws, legal information, court information, links to state government websites, and much more.


Overview of debt consolidation & settlement

Debt consolidation is such a debt relief plan where your multiple debt burdens are mingled to one single monthly payment. Moreover, the interest rates are also negotiated and reduced so that you can be benefited by a lower monthly payment. Whereas, in debt settlement, your total outstanding balance is negotiated and you end up paying much less than what you actually owed.

Additional legal resources for consumers

  1. California state debt collection laws
  2. Payday loan laws in CA
  3. Statute of limitations (SOL) on debt

California bankruptcy laws

An individual filing Chapter 7, Chapter 11 or Chapter 13, commences personal bankruptcy. In the state of California, the most common form of personal bankruptcy filing is Chapter 7 where the bankruptcy trustee exempts certain properties of the debtor from liquidation.

Few key points to consider:

  • The State of California doesn't allow the federal exemption rules as in 11 United States Code.
  • Bankruptcy system in California is of two-type viz. System I and System II of which the person seeking for bankruptcy can opt for any one of it and not the combination of both.

» Know more about California bankruptcy laws

Company formation in California

In the state of California, a business entity can be formed by filing the required documents or forms with the Secretary of State. Apart from simple forms, a petitioner also needs to carry some additional requirements and relevant statutory filing provisions.

Steps that involve an LLC formation

  • Choosing a business name for the LLC
  • Filing articles of organization with the Secretary of State
  • Execution of operating agreement
  • Filing statement of information with the Secretary of State

» Details of LLC formation in California

Steps that involve formation of Non-profit Corporation

  • Choosing a business name and check for availability
  • Recruitment of directors
  • Incorporation of nonprofit corporation
  • Receiving employer identification number (EIN)

» Details of Non-profit Corporation formation

California wills and living trusts

Preparation of a will is a significant step in planning the allocation of your estate after your death. But did you know:

  • When is a will needed?
  • If a will could nominate executors
  • Whether or not a will could nominate guardians
  • If a will needs to go through probate

» Read more to know the answers

Probate can be avoided through living trusts and you can even reduce or completely eliminate federal estate taxes for your estate. But:

  • What are the advantages of living trusts?
  • Why are they called living?
  • What are the disadvantages?

» Read more to know the answers

Additional State Legal Resources

Disclaimer: The aforesaid attorney is licensed to practice law within the state of California only.


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Disclaimer: The contents of this web site are not intended to establish an attorney-client relationship, provide the reader with legal advice, or substitute for legal advice from an attorney.
  • The debt settlement program typically lasts between 6 months to 4 years time.
  • At least 30% of the debt amount per creditor needs to be accumulated in the trust account for OVLG to give the creditor any settlement offer.
  • Not all creditors or debt collectors will accept a reduction in the balance, interest rate, or fees a customer owes such creditor or debt collector.
  • Pending completion of the represented debt-relief services, the customer's creditors or debt collectors may pursue collection efforts, including initiation of lawsuits.
  • That the use of the debt-relief service will likely adversely affect the consumer's creditworthiness, may result in consumers being sued by their creditors, and may increase the amount owed to creditors as a result of the accrual of additional fees and interest.
  • Savings a customer realizes from use of a debt-relief service may be taxable income.
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