How To Prepare For Your Bankruptcy Meeting Of Creditors

Posted on: 13 September 2022
Are you filing for Chapter 13 bankruptcy, and will soon be holding your meeting of creditors, also known as the 341 meeting? If so, you'll want to know the following tips to be well prepared. Review Your Budget It's crucial that you review your budget, which is known as schedules I and J. This lists the amount you receive and spend as part of your budget. You are going to be asked a lot of questions regarding what your expenses are, such as how much you pay for your home utilities or how much you spend on child care.
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What Does It Mean To Reaffirm Your Debts In A Chapter 7 Bankruptcy Case?

Posted on: 28 January 2022
When you sign the forms to file a Chapter 7 case, your attorney sends your case to the local bankruptcy court. Once there, the court appoints a trustee to manage it. The trustee plays a critical role in the case, but you might have a few things to do, too. One thing your attorney might recommend is reaffirming your debts. What does this mean, and should you do it? While not everyone needs to go through this process in a Chapter 7 case, some people do.
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What Should You Bring To An Initial Bankruptcy Appointment?

Posted on: 13 September 2021
One of the first steps of filing for bankruptcy is meeting with an attorney at a law office that offers bankruptcy services. You can contact a law firm to schedule a consultation visit, which is an appointment that offers a chance to learn more about bankruptcy. When you go to this appointment, you should bring the right things with you. Here is a list of the things the lawyer might ask you to bring.
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Bankruptcy And DUI Debts: What Can Be Discharged?

Posted on: 23 April 2021
As most know, a driving under the influence conviction can result in some pretty stern punishment. Chief among those are the financial ramifications. It can cost upwards of $5,000 or more to deal with DUI matters and that will put a strain on anyone's budget. If the strain from legal matters and other issues has you considering filing Chapter 7 bankruptcy, you might be wondering what can be discharged. Read on and find out more about how bankruptcy treats legal debts like a DUI conviction.
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