By Douglas Jacobs, California Bankruptcy Attorney on Mar 15, 2008 in Bankruptcy Myths, Bankruptcy Practice and Procedure, Personal Property | 0 Comments
Tell me about all of their property. Not just the things they want to keep, or the things they owe money on, but all of their property.
The bankruptcy petition requires you to list all of your assets and all of your debts. That includes the house, the car, the boat and even the old, broken [...]
By Eugene S. Melchionne, Connecticut Bankruptcy Attorney on Mar 15, 2008 in Bankruptcy Myths, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Choosing Bankruptcy Attorney, Connecticut, Means Testing | 0 Comments
The one thing I really want my Bankruptcy Clients to do is be upfront about personal issues. For example, when analyzing means testing data, it became apparent that several clients had substantial income that was unaccounted for. Money was disappearing out the budget each month that could or should be available [...]
By Kurt O'Keefe, Attorney at Law on Mar 15, 2008 in Bankruptcy Myths, Bankruptcy Practice and Procedure, General Bankruptcy Information, Michigan | 0 Comments
Realize that all debts means: all debts.
Clients edit what their attorneys ask them, without telling us.
“I did not think the water bill was a debt. Well, gas and electric, those are utilities, those aren’t covered by bankruptcy law, are they? Well, I didn’t tell you about that one [...]