During these trying times, many people have found themselves dealing with creditors and debt collection agencies. But don't fret -- there are strong consumers laws that protect you from overly aggressive collection tactics. Here is a list of what creditors and debt collection agencies MAY NOT DO: A...
A guide to Financial recovery in these trying times. Introduction The world changed in a day. Fortunes were lost in an hour. Financial security was exchanged for terror. A 2017 report by the employment website CareerBuilder found that seventy eight percent of American workers were living from...
The responsibility for concluding or adjourning a S. 341 meeting lies with the Trustee. That responsibility must be carried out and concluded before the date set for objection to the discharge of debtors. The Meeting Of Creditors The Bankruptcy Code provides that "[w]ithin a reasonable time after...
While Chapter 7 Bankruptcy is somewhat technical in terms of the information that needs to be provided to the court, the actual process of filing bankruptcy is pretty straightforward. The steps will vary somewhat depending on the state in which you file, but the following are the basics. Initial...
If you’ve never filed a business or personal Chapter 7 bankruptcy, you’ve missed out on the pleasure of attending a “341 Meeting of Creditors.” The purpose of this article is to explain the purpose of this important meeting, how to prepare for it, and what could go wrong. What is a 341 Meeting?...
This guide will help you understand what the process will be for your first meeting with a bankruptcy attorney. Should I bring documents? Even though this is an initial meeting, you should consider bringing some paperwork with you. The following is a list of documents that may help you or the...
There are a lot of moving parts in a Virginia Chapter 7 Bankruptcy. Knowing the different players and the common terminology for those parties can help demystify the process. The following is provided by our provided by our Williamsburg Newport News Bankruptcy Attorneys. The Debtor The debtor is...
For many, the filing of a Bankruptcy is the unintended consequence of an unavoidable stressful life event; the loss of a job, illness, divorce and the like. The thought of appearing in a courtroom and speaking about those problems added to the existing strain is enough to induce nausea! In the...
Chapter 7 bankruptcy cases in the Eastern District of Virginia have a predictable timeline associated with their administration. Failure to file the required documents by the statutory deadlines can result in dismissal of the bankruptcy case. Before Filing The debtor must complete their credit...
A Guide to understanding your Bankruptcy Court Hearing in the Middle District of Georgia, Valdosta & Albany Divisions. Why do I have to go to a hearing? The Bankruptcy Code (11 U.S.C. Sec. 341) requires that everyone who files for bankruptcy protection attend a Meeting of Creditors, which is...
A brief overview of how filing bankruptcy can help you get a fresh financial start. The Process Article I, Section 8 of the United States Constitution authorizes Congress to enact "uniform Laws on the subject of Bankruptcies." Under this grant of authority, Congress enacted the Bankruptcy Code in...
The Judicial Conference has made significant changes to the Official Bankruptcy Forms. Beginning December 1, 2015, the Official Forms for the Southern District of Florida will be replaced with significantly modified, reformatted and renumbered versions. Financials The changes that will most affect...
After you list all your options and you finally decide that enough is enough and you want to file for bankruptcy, it is best to know the things that go on your behalf and against you, so you will not have troubles that can hurt your bankruptcy case. Do: Tell your Lawyer Everything Even if it is...
Whether you are filing with an attorney or proceeding pro se, these are some helpful tips to gather information that will better prepare your case for filing. File Your Taxes It is a requirement that you provide your trustee, no less than seven days before your creditor meeting, with copies of your...
Part 1 In a consumer bankruptcy case (Chapter 7 or Chapter 13), every Debtor is required to attend a Meeting of Creditors (aka: the "341 Meeting" - the name comes from 11 U.S.C. ? 341, which lays out the requirement for the meeting). Federal Rules of Bankruptcy Procedure 2003 mandates that the 341...
Viewed from a personal perspective rather than collectively as a couple, comparing the amount of wealth and assets once shared in marriage relative to what will be your share after asset division can be daunting. What was once thought sufficient to maintain a happy relationship and comfortable...
Generally Chapter 744 of the Florida Statutes governs guardianships. Florida Statute §744.361 through §744.462, sets out the powers and duties of guardians. However, in typically confusing statutory fashion, not necessarily every power and duty of a guardian is contained within these statutory...
Most people are surprised to learn that if one spouse is cheating the divorce judge may not even permit that evidence during the trial. Florida, along with many other states is a "no fault" divorce state. There is no need to prove that a spouse has cheated to be entitled to a divorce. Judges are...
Rhode Island is a "no fault state". Does that mean the assets are always divided 50% to the wife and 50% to the husband in a divorce? No. A no fault divorce in Rhode Island simply means that a fault grounds are not necessary in order to obtain a divorce in Rhode Island. In other words, all the...
