Bankruptcy Blog

Many people I meet with are concerned about the new law changes with regards to bankruptcy and specifically if they qualify to file a bankruptcy case.
When Congress passed the new Bankruptcy Reform Act that took effect in October 2005, it changed the way many attorneys had to look at filing certain cases for clients. [...]

It comes up more often than not that people who are married eventually get divorced, either prior to filing their Bankruptcy case or during their Bankruptcy case.
In most instances, clients are unaware, as are their family law attorneys, that there is a procedure that must be followed if in an active Bankruptcy prior to the [...]

Today I will be working on returning calls to my Chapter 13 debtors. I have recently had an increase in Chapter 13 dismissals due to failure to make the first plan payment. After discussing the options of reinstatement or refile with debtors it seems that reinstatement may cause issues for confirmation if not reinstated [...]

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 [...]

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 [...]

Every person that filed a bankruptcy must attend a 341 hearing, which is also known as Meeting of Creditors. The name sounds intimidating, but most Debtors never have creditors show up.
If you file a Chapter 13, the typical creditors that show up at the hearing will be the IRS if you owe them money [...]

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. [...]

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 [...]

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 [...]