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Secured Property and Bankruptcy
Secured Property and Bankruptcy

A common misconception, one routinely brought up by clients when interviewing with their bankruptcy attorney for the first time, is that they think they're going to lose all of their property. Whatever the reason the myth originated, it is simply not true in the majority of ...

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Blog Posts in 2012

  • Should You Wait to File?

    Most of the time, obtaining a Chapter 7 bankruptcy discharge is an urgent manner for you. You have grown sick of the creditor calls, the attempts to ...

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  • How Does a Chapter 7 Bankruptcy Work?

    Think of a Chapter 7 bankruptcy as a fresh start. In this type of filing, all of your debt is listed on the schedules of your bankruptcy petition. ...

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  • What is the Means Test?

    In 2005, the US Bankruptcy Code was amended to incorporate a means test. The design of the means test is to establish a way to ensure that those who ...

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  • Statutes of Limitation and Bankruptcy

    One of the reasons that people file for bankruptcy is because of attempts by creditors to collect on their debt. One way that these creditors can ...

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  • Common Causes of Bankruptcy

    Every situation is different, and each bankruptcy case is unique in the circumstances that precipitated its filing. This is one of the things that ...

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  • Waiting for the Bankruptcy Discharge

    The final stretch before your Chapter 7 Bankruptcy case is completed is waiting for the discharge. This period comes after your initial 341 Meeting of ...

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  • Chapter 7 Bankruptcy - Mandatory Requirements

    Yesterday we discussed the documentation that is required from a debtor prior to filing bankruptcy. This documentation includes paystubs, tax returns, ...

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  • What Does the Chapter 7 Trustee Do?

    We discussed previously that the primary role of the Chapter 7 trustee is to administer your bankruptcy case. The key question, then, is what does ...

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  • Secured Creditors and the Automatic Stay

    We discussed yesterday the basic concepts of the automatic stay in a bankruptcy case. The automatic stay stops all debt collection efforts from the ...

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