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.
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
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:
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
» Details of LLC formation in California
Steps that involve formation of Non-profit Corporation
Preparation of a will is a significant step in planning the allocation of your estate after your death. But did you know:
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Probate can be avoided through living trusts and you can even reduce or completely eliminate federal estate taxes for your estate. But:
Disclaimer: The aforesaid attorney is licensed to practice law within the state of California only.