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Disclosure of Assets and Supplying Due Diligence Documentation in Bankruptcy »

Filing for Bankruptcy is no walk in the park.  It is an extensive process, with significant document gathering and processing, in addition to research, disclosures, and sometimes multiple court and trustee hearings.  Nevertheless, the more work done up front, the smoother the process will be.  One such area involves compiling all the due diligence documents [...]

Steps I Need To Take To File Bankruptcy »

I am often asked what to I need to do to file a bankruptcy.  My reply is you have taken the first step. You have contacted a bankruptcy lawyer seeking information.  Only with this information can you determine if you can file bankruptcy and if bankruptcy is the right thing for you to do.  I [...]

Your Bankruptcy Attorney Secretly Understands You »

When you go to a bankruptcy lawyer, things are pretty rotten in your life. You’ve got these awful overdue bills, the debt collectors are hounding you day and night, and your personal life feels like it’s in shambles. You can’t sleep, you’re fighting with your spouse over the pile of bills on the [...]

New York Bankruptcy Lawyer To Sponsor Humanitarian Efforts Through Social Media »

New York bankruptcy lawyer and past President of Bankruptcy Law Network Jay S. Fleischman has long embraced social media tools such as Twitter and Facebook. But now he’s put his belief to good work by sponsoring Go Global 24, a fundraiser for Doctors Without Borders.
Go Global 24 is being billed as 24 Hours of [...]

Is My Bankruptcy Lawyer Legally Required to Keep Representing Me? »

Here’s a topic you’ll hardly ever see discussed anywhere: is a bankruptcy lawyer required by law to continue representing a client in a bankruptcy proceeding, even if the client won’t or can’t pay the lawyer any more fees?
You might be surprised to learn that in most federal court districts, the answer is yes, the lawyer [...]

Refunds: Bankruptcy Attorney Fees »

It is not uncommon for a debtor to have second thoughts about filing for bankruptcy relief, terminate attorney services prior to filing, and request a refund.  There are many reasons debtors change their mind, such as being persuaded by others that bankruptcy is not in their best interest, finding a cheaper price by less experienced [...]

Frequently Asked Questions About Bankruptcy-Part Two »

A friend and colleage says that you can correctly answer any question about bankruptcy with the phrase “it depends.”  In this series I am trying to provide straightforward answers to some of the most frequently asked questions about bankruptcy, where that is possible.  In Part One, I discussed some questions about the information that you [...]

Really, It’s Not That Hard to Compile the Information for a Bankruptcy Filing »

If you have recently inquired about filing bankruptcy, you might have suffered a shock when your lawyer told you what paperwork you would need to produce in order to file the case.  If so, read on for a pleasant surprise.
Different bankruptcy lawyers often communicate the same information to clients in different ways.  Sometimes, a bankruptcy [...]

Be Careful Which Debts You Reaffirm »

A tire company sent a reaffirmation agreement to me for one of my clients to sign.  A reaffirmation agreement is a new contract to pay an old debt that is included in your bankruptcy filing.
I laughed when I saw who it was from but I laughed even harder when I discovered it was for a [...]

How to Avoid Bankruptcy Myths and Get Accurate Information »

There’s a ton of bad information out there about bankruptcy.  So how do you know the information you are getting is reliable, and where do you go for answers to your questions about bankruptcy?
Here are some tips to avoid bankruptcy myths, and then some suggestions for how to get your questions answered.
I could set out [...]