File Bankruptcy and get a new car. Heard it before haven’t you? Doesn’t even sound right, does it? Even worse, you’ve heard about, or you have seen other people who file bankruptcy, and the next thing you know they are tooling around town in a brand new car. How can all this be? They are…
Dress appropriately for your creditor meeting. The other day I had a number of clients scheduled for creditor meetings in Cleveland. I arrive for the first one early, and the clients are already in the meeting room. To my amazement both the husband and wife wore short sleeve shirts, shorts and athletic shoes. What is…
Financial Management Course for Bankruptcy Discharge The Financial Management course is the final step you must take to get your bankruptcy discharge. Congress in its infinite, politically motivated wisdom decided that you should take two courses. One to qualify to file for bankruptcy, and the other to qualify for your bankruptcy discharge. Each is a…
Conversion of Chapter 13 Case Chapter 13 case is confirmed. You have been making your plan payments faithfully then from out of the blue some disaster or emergency strikes. Everything changes: You or your spouse are laid off One or both of you lose a job Illness or Disability of someone at home You again…
Meeting of creditors verification of identity Verification of social security number and proof of identity are required at your meeting of creditors. Today, I had two clients attend their meeting of creditors without any proper verification of their social security number. This should be no mystery. On the notice my office sends I specify you…
Reaffirmation Agreement in Bankruptcy A reaffirmation agreement might be proposed by a creditor after you file for bankruptcy. At your meeting of creditors your case trustee might tell you that a reaffirmation agreement is never required and you should confer with your bankruptcy attorney to decide if it is best for you. What is a…
In chapter 7 bankruptcy it is very important that you identify each and every creditor that you owe money to. That is why when I prepare your case I have you bring in copies of all your: Lawsuit papers Bills Collection letters IRS communications Divorce documents In fact, when you get to the bankruptcy meeting…
Your chapter 7 bankruptcy case is filed. The court sent a notice of the meeting of creditors. Your Bankruptcy Attorney told you about it, but how do you get ready? Five Quick Tips: 1. Review your chapter 7 petition. When your bankruptcy attorney filed your case he should have given you a copy of the…