Before I begin my rant on Chapter 13 and the way I see things turning against some debtors ( not all debtors), I would like to start by saying that I honestly believe that Consumer Bankruptcy is Financial Planning for the Future. Also, I still believe in the concepts of a “Fresh Start” and the [...]
bankruptcy trustee
Filing bankruptcy cases means–very soon after the case has been filed–dealing with bankruptcy trustees. I’ve practiced bankruptcy law for fifteen years now, and one thing I’ve learned about bankruptcy trustees is that they are all different. No two ask for exactly the same documents. And no two want things done exactly the same way. They [...]
When you file bankruptcy, you claim “exemptions” in property you wish to keep free of any claims of the bankruptcy trustee. And the “homestead” exemption–the exemption used to protect your home–is the most important exemption for many debtors. But what if your home is the movable kind? And I’m not just talking about mobile homes [...]
A big part of filing bankruptcy is providing your bankruptcy lawyer with documents. After you and your bankruptcy lawyer decide bankruptcy is your best option, she’ll give you a list of documents she’ll need in order to file your case. At first, the list may seem intimidating, but it’s really not that bad. To be [...]
After filing for bankruptcy, you will meet with a trustee. Be prepared. There is a way to act and not to act at a meeting of creditors. These tips will help you know what to do. Here’s what to do at your 341 bankruptcy meeting with the trustee. Be on time Dress reasonably – not too [...]
Bankruptcy trustees are essentially in charge of administering your Chapter 7 or Chapter 13 case. In order to do so, they require full and complete information. You have to list people to whom you are paying alimony or child support in your bankruptcy papers. Your ex-spouse to whom you are paying domestic support obligations are [...]
