Bankruptcy Blog Archives

Today is January 24, 2007. I am trying to compile a list of ways to bring in client referrals. We have a meeting tomorrow on this issue. While I can usually brainstorm with the best of them I must admit that I am having a difficult time thinking of ways to add referrals. I am [...]

A Chapter 7 is the most common bankruptcy that is filed. It will take care of credit cards, Medical bill, car repo’s, closed bank accounts, foreclosure of homes, broken apartment leases, most judgments (not IRS liens), at fault car wrecks with no insurance ( not if drinking was involved) and other unsecured debt. As Far [...]

Many people get the terms discharged and dismissed confused in bankruptcy. When you file a Chapter 13, you are committed to making payments to the Chapter 13 trustee for three to five years. At anytime you fail to make payments or provide requested documentation, then it is possible that your case will be dismissed instead [...]

I am currently working on entering hearing results into the Time Matters database. This is a new program for us, and it is taking some time to learn how to navigate and do all of the things that need to be done, as is generally the case when switching to a new program. When it [...]

Many people who go through the process of bankruptcy are confused about what is secured, unsecured and priority debt. Secured debt is any debt that a creditor can take away from you, such as a house, a car, or even miscellaneous household goods one must sometimes put up for collateral in order to secure a [...]

Many people who file a Chapter 13 Bankruptcy case do so to protect their homestead, but there is also relief for those who are in fear of being evicted. A Bankruptcy case can help those who have fallen behind on their rental payments and are in jeopardy of being put out on the street. Many [...]

Today is a start of a new week. Most Paralegals will be in training for a new system that is supposed allow us to assist our Chapter 13 and Chapter 7 clients more efficiently. I support Time matters and really feel that it will be efficient and allow paralegals more time to attend to their [...]

The other day I remembered a client that I once had. A few years ago he and his wife sold a house and bought a new one. They made enough money on the first house to allow them to put down $30,000 on the new one. Their house payment was a little over one thousand [...]

The primary complaint of many discharged Chapter 7 cases is of their mortgage and auto finance companies reporting debt incorrectly that was listed as reaffirm on petition. The creditors that do not provide our office with Reaffirmation agreements will then list the debt as discharged on the credit report. Auto creditors will then repossess a [...]

Today is Monday, January 22, 2007. Today I plan to work all day on plan modifications for Chapter 13 Confirmed cases, a daunting task due to their shear number. It seems that something else always gets in the way, causing me to move the mods to the back burner. They are time consuming. I also [...]