Switch to ADA Accessible Theme
Close Menu
Rounds and Sutter

Free Initial Consultation


Follow Us

Recent Blog Posts

Scholarship debt loan student academic background banking

The Department of Justice Is Here to Help With… Bankruptcy Discharges of Student Loans?

By Rounds & Sutter LLP |

When it comes to getting rid of debts in a Chapter 7 bankruptcy, not all debts are treated equally, and for a long time, student loan debt has been treated the most unfairly of all. According to the latest figures, the average student loan balance among borrowers is $38,290, which can be a sizeable chunk… Read More »

Man counting college savings fund, tuition fee or student loan with calculator. Education price and expenses concept. Money and papers on table. Calculating budget and planning finance.

Understanding Student Loan Income-Based Repayment

By Rounds & Sutter LLP |

Over 43 million Americans carry federal student loan debt, with a significant portion finding it difficult to pay off their loans while trying to start a career, raise a family, and build a quality life for themselves. One option to deal with this burdensome debt is to enroll in an income-based or income-driven repayment plan…. Read More »

common startup mistakes

Most Common Business Mistakes for Startup Businesses

By Rounds & Sutter LLP |

Starting a business is an exciting venture, but it’s also filled with potential pitfalls. Many entrepreneurs in Southern California, from tech innovators in Silicon Beach to entertainment industry startups in Los Angeles and Ventura counties, embark on this journey with high hopes and innovative ideas. However, without proper legal guidance and business acumen, common mistakes… Read More »

Portrait of a happy couple kissing outside new house

What to Do if Seller Is Delaying Escrow

By Rounds & Sutter LLP |

For most people, purchasing a home is a significant milestone. This is especially the case in Southern California, where buying a home represents an outsized investment compared to much of the rest of the country. However, the journey to homeownership can be fraught with challenges that threaten to derail the transaction if not handled carefully…. Read More »

Haunted spooky house.

What Is a Zombie Mortgage?

By Rounds & Sutter LLP |

It sounds like something out of a horror movie, but unfortunately a zombie mortgage is a very real and potentially frightening scenario for homeowners in Southern California. Read on for a discussion covering how zombie mortgages are defined, how they occur, their impact on homeowners, and legal protections and solutions that might be available to… Read More »

Ugly zombie female sitting in front of computer

Zombie 2nd Trust Deed, Junior Mortgage Lien, or HELOC Secured Debt and Loans

By Rounds & Sutter LLP |

Any of the below apply? Received a Pending or Threatened Foreclosure against your residence, or income property, from a Zombie Junior Lien, or 2nd (or even 3rd position) Mortgage? Debt Holder, Investor, or Mortgage company, has demanded payment from you for an aged (forgotten, charged-off, or advised as settled) real property secured loan? Years have… Read More »

On the table are money, a calculator, a notebook and cubes with the inscription - LLC

Opening an LLC Bank account in California

By Rounds & Sutter LLP |

When you decide to create a Limited Liability Company (LLC) in California, you’re taking a significant step toward establishing your business’s legal identity and protecting your personal assets. One crucial aspect of managing an LLC is setting up a dedicated bank account for your business transactions. While having a separate business bank account for your… Read More »

FORBEARANCE text on notebook with chart and calculator and coins, business concept

Understanding Loan Forbearance Agreements

By Rounds & Sutter LLP |

Financial difficulties can sometimes make it challenging for businesses and individuals to meet their loan repayment obligations. In California, loan forbearance agreements can serve as a temporary solution to help borrowers avoid defaulting on their loans. Below, we explore the key aspects of loan forbearance agreements in California and how they might benefit both borrowers… Read More »

Negative human emotions. Financial problems. Portrait of unhappy young couple having looking worried while reading notification informing them about eviction from apartment because of unpaid bills

Pros and Cons of Filing Bankruptcy Jointly With Spouse

By Rounds & Sutter LLP |

Financial struggles are never easy, and they can be especially complex when they involve a married couple. It is not at all uncommon for married couples to be struggling together with debt troubles, so it’s not surprising that many consider filing for bankruptcy together as well. This move often makes the most sense, but there… Read More »

Juridical concept meaning Meeting of Creditors with inscription on the sheet.

What Happens at a Meeting of Creditors in Chapter 7 Bankruptcy?

By Rounds & Sutter LLP |

The meeting of creditors is a required step in the process of obtaining debt relief through Chapter 7 bankruptcy. For many debtors, the idea of having to attend a meeting of one’s creditors in a formal legal setting may sound daunting, but in reality the meeting of creditors is nothing to fear at all. Read… Read More »