Chicago Bankruptcy Lawyer

Recent Posts in Debtor's Education Category

  • The Chapter 7 Discharge

    The primary goal in any bankruptcy, including a Chapter 7, is to obtain a discharge. The discharge is the order by the court that eliminates the liabilities of that particular debtor. In Chapter 7 cases , this is governed by 11 USC 727. The way that this statutory provision is structured is such to favor a discharge unless certain things exist in the case that can hinder them. The language of the ...
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  • Reopening a Bankruptcy Case

    Bankruptcy, by definition, is a legal process that deals in large part with numbers. Debt figures, income levels, number of people in a household, trustee payments - you name it - all deal with numbers. An extension of this is in deadlines. Most stages of the bankruptcy process deal with dates set in advance, with requirements that must met by those dates. This can include a meeting of creditors ...
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  • Death of a Debtor in Bankruptcy

    As if the process of filing bankruptcy and going through the bankruptcy procedures aren't stressful enough for some debtors, circumstances can arise if there is a death of a debtor in an active bankruptcy case. Questions arise at that point as to what procedures need to be filed, and much of it depends on which stage the bankruptcy is in at the time of the death of the debtor. Federal Bankruptcy ...
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  • Post Filing Requirements

    Once a bankruptcy case is filed, there are still a few requirements needed from the client before they are discharged free and clear and ready for their fresh start. First, it is important that the client call and obtain from their attorney their case number right after filing their case. With their case number, they can then proceed to complete their Debtor's Education course, as well as give ...
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