Key Terms In Real Estate Contracts: A - B

There are many important, terms in real estate contracts. Here is an extensive summary of some common, important terms in real estate contracts. The following terms are neither legal nor complete definitions and are for general guidance purposes only. As a knowledgeable real estate attorney, Alberto Montefalcon may assist any individual who needs help with any real estate transaction. Acceleration Upon one party's breach of the real estate contract, the other party may immediately demand or...

Bankruptcy & Credit Counseling: After You File Your Case

Alberto Montefalcon is here to assist anyone who may need to consider filing a bankruptcy case under Chapter 7 or 13. Please schedule a consultation today at any of our three conveniently located offices. Once a bankruptcy case has been filed and before a discharge order is issued, a bankruptcy debtor must complete a consumer debt management course, or "providers or personal financial management instructional courses." Once this U.S. Trustee-approved counseling and education program is completed,...

Some Things To Know About Bankruptcy - The Different Options

When consumers consider filing a bankruptcy case, it’s important to be aware of some basic information about the types of bankruptcies available. A knowledgeable bankruptcy attorney may further elaborate on the following information about the types of bankruptcies and answer any questions. *Chapter 7 A Chapter 7 bankruptcy, or simply known as a "Chapter 7," is typically a “liquidation” of any of a debtor's non-exempt assets to pay general unsecured creditors. In this type of case, a debtor may...

Some Things To Know About Bankruptcy - Its Effects

Bankruptcy does have an effect on a person's financial state. Despite this, filing bankruptcy often provides a necessary fresh start for individuals experiencing financial problems and difficulty repaying debts. An experienced and qualified bankruptcy attorney may help reduce stress and uncertainty by providing valuable assistance throughout the entire bankruptcy process. Prospective bankruptcy debtors should be aware of the primary effects of a bankruptcy filing. Here is a brief summary: *Not All Types of Debts May Be...

Some Things To Know About Bankruptcy - The Process

Bankruptcy is a process and not a simple act. An experienced and qualified bankruptcy attorney may provide valuable assistance throughout the entire bankruptcy process if a consumer's financial circumstances require the filing of a bankruptcy case under Chapter 7 or 13. When filing for bankruptcy, it’s important for all Northern California consumers to be aware of some basic information. Here’s a brief summary of some crucial things to know about filing a bankruptcy case. *Bankruptcy is a process...

Personal Injury Damages In California - Punitive Damages

In personal injury cases, damages must be established with reasonable certainty and may not be speculative. Some personal injury and tort cases also allow plaintiffs to recover punitive (or exemplary) damages. While actual damages are intended to compensate a victim or plaintiff, punitive damages, in contrast, punish or make an example out of the defendant, which is why attorneys and legal scholars also refer to them as exemplary damages. However, punitive or exemplary damages are not awarded...

Personal Injury Damages In California - Special Damages

The amount of damages that a personal injury attorney in California may seek for a client is limited to restoring victims to where they were prior to the event or compensating victims for their actual losses. In California, damages awarded in personal injury cases typically fall into two basic categories. Both types of damages are commonly referred to actual damages or compensatory damages. The two types of damages are: special damages (also known as economic damages);...

Personal Injury Damages In California - General Damages

The purpose of awarding damages in personal injury and tort actions is to compensate victims for injuries by restoring them to their position before the event which caused the injury. In California, damages awarded in personal injury cases typically fall into two basic categories. Both types of damages are commonly referred to actual damages or compensatory damages. Damages may be limited by statute. In California, noneconomic damages in medical malpractice actions based on negligence are limited to $250,000. The...