Archive for January 2014
What To Expect At The Meeting Of Creditors
Before you can receive a discharge in Chapter 7 or Chapter 13 bankruptcy, you must be examined under oath by a bankruptcy trustee at a hearing called the meeting of creditors (also called the 341 hearing). Read on to learn more about the types of questions the bankruptcy trustee may ask you at the meeting…
Read MoreQuestions At The Bankruptcy Trustee Meeting
My clients often ask about the Trustee Meeting. Whether you file for Chapter 7 or Chapter 13 bankruptcy, you have to attend a hearing called the meeting of creditors (also called the 341 hearing) to answer questions about the information contained in your bankruptcy paperwork. The meeting of creditors is conducted by the bankruptcy trustee appointed in…
Read MoreTop Ten Chapter 7 Bankruptcy Mistakes
Bankruptcy mistakes can be very costly and all too often an individual filing bankruptcy will make inadvertent mistakes that jeopardize their chance of discharging their debts and retaining exempted property. Avoid these Top 10 mistakes and you will be well on your way to a successful bankruptcy filing (please do yourself a favor and use…
Read MoreFamous People Who Filed For Bankruptcy
POLITICIANS Abraham Lincoln – filed several times, due to business failures Thomas Jefferson – filed several times, including after leaving office due to large debt Ulysses S. Grant – 18th US President – filed in 1884 after leaving office Daniel Webster – US Secretary of State – 1841 George McGovern – US Senator – filed…
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