• The Trustee's Role In Your Chapter 7 Bankruptcy


    If you are considering filing for bankruptcy, you should know that bankruptcy is more of a process than a declaration. There are a series of steps in this legal and financial filing, and overseeing the entire process is the bankruptcy trustee. The trustee is a court-appointed official, usually an attorney and sometimes a judge. Creditor's Meeting Your only contact with the trustee may be at the creditor's meeting, sometimes called the 431 meeting.
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  • Why Bankruptcy Isn't Always Bad


    When you're overwhelmed by credit card bills, collection agencies, and financial stress you may be considering bankruptcy - but you're worried that bankruptcy will ruin your credit forever and keep you from fulfilling your dreams of owning a home or car. However, there are positive effects of bankruptcy. Here are the top five reasons why bankruptcy isn't always a bad idea: 1. Delay Foreclosure Filing for bankruptcy will delay a foreclosure which will keep you in your house longer.
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  • 5 Things You Need To Know Before You File For Bankruptcy


    You graduated college, started a great career and got married. Unfortunately, you were faced with circumstances beyond your control and now you're deeply in debt. Your creditors are harassing you at home and at work. You've got no way to pay your bills and it looks like bankruptcy will be your only option. Before you file for bankruptcy protection, here are a few things you should know. Some Debts Can't Be Discharged
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