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A common misconception in Chapter 7 bankruptcy is that the debtor's property will be lost when they file their case. For the majority of cases, this is not true for a couple reasons. First, if a person has a lot of assets they probably won't be filing in the first place. ...
Read MoreThe basis of every Chapter 7 case is a liquidation. The analysis involved looks at the assets listed by the debtor on the bankruptcy petition, along ...
View MoreThere's a big difference between preparing for bankruptcy and fraudulent activity prior to filing bankruptcy. Preparing for bankruptcy may entail ...
View MoreOne question that is asked, at nearly every single 341 Meeting of Creditors , is whether the debtor has reviewed the bankruptcy information sheet. ...
View MoreIn any bankruptcy, whether it be a Chapter 7 or Chapter 13, the issue of real estate is nearly always at the forefront. In Chapter 7 liquidations, the ...
View MoreAs if the process of filing bankruptcy and going through the bankruptcy procedures aren't stressful enough for some debtors, circumstances can arise ...
View MoreChapter 9 Bankruptcy, reserved for municipalities, is a relatively rare and murky area of bankruptcy law. The concept of an entire city or ...
View MoreSuccessfully understanding and completing the bankruptcy petition is the key to achieving a complete discharge in your bankruptcy. No matter which ...
View MoreA common misconception, one routinely brought up by clients when interviewing with their bankruptcy attorney for the first time, is that they think ...
View MoreMost 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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