Bankruptcy Lawyer | A 341 Meeting of Creditors Bankruptcy Lawyer . After a bankruptcy filing, you will be scheduled for what is termed a “341 meeting.” It is also sometimes called the “meeting of the creditors.” The term 341 comes from the number on the section of the Bankruptcy Code that requires the meeting as [...]
Bankruptcy Lawyer | Should I File Bankruptcy Without a Lawyer? Bankruptcy Lawyer . Bankruptcies are expensive. Every year, thousands of Americans find themselves too broke to pay off their debts, yet unable to afford bankruptcy. It probably comes as no surprise that attorney’s fees make up the lion’s share of bankruptcy expenses. Fortunately, in many [...]
Bankruptcy Attorney | Can I Keep My Credit Card After Filing Bankruptcy? Bankruptcy Attorney . In most cases, banks cancel a debtor's credit cards when they receive notice of his or her bankruptcy. But as always, the general rule has exceptions. Whether or not you can keep your credit card after filing bankruptcy will largely [...]
Bankruptcy Attorney | Is Chapter 7 Right for You? Bankruptcy Attorney . If you're facing overwhelming debt, you may be considering filing for Chapter 7 bankruptcy. Chapter 7 bankruptcy is a solid option for many, as it can give you a "fresh start," erasing the obligation to repay and giving you a chance to get [...]
Bankruptcy Attorney | How Long Will My Bankruptcy Take? Bankruptcy Attorney . One of the most common questions people facing bankruptcy have is how long their bankruptcy will take. The answer to that question will depend on the circumstances of your particular case as well as what type of bankruptcy you are filing: namely, Chapter [...]
Bankruptcy Lawyer | 5 Facts about Bankruptcy Bankruptcy Lawyer . Many people don't fully understand what the word bankruptcy really means. When they think of someone who is bankrupt, they imagine someone in a poor house with nothing but the clothes on their back. But did you know that in many cases, bankrupt individuals go [...]
Bankruptcy Lawyer | 3 Things to Do Before Filing for Bankruptcy Bankruptcy Lawyer . If you're thinking about filing for bankruptcy, you might not know where to start. The process seems scary at first and at the end of the day, it's a legal proceeding. That means that there will be many things to think [...]
Bankruptcy Attorney | Bankruptcy and Mansions? Bankruptcy Attorney . Todd Chrisley, of the new reality show "Chrisley Knows Best," filed for Chapter 7 bankruptcy to resolve $49.4 million of debts, but he still looks mighty rich in his lavish 30,000 sq. ft. Atlanta mansion. What gives? Contrary to popular belief, there are certain assets you [...]
Bankruptcy Lawyer | Difference Between Law and Regulation Bankruptcy Lawyer . When we hear that something is against the law, we generally don't question where the law comes from. But 'the law' can mean a lot of things, from general ideas about jurisprudence all the way down to a written ordinance. And while the words [...]
Bankruptcy Attorney | Can Parents Take Their Kids' Money? Bankruptcy Attorney . That Spring Break trip was costly, and now there is no money for the mortgage. Can you dip into your kids' bank account to pay? Yes you can, and apparently you will be one of many parents who indulge in the practice. About one-third [...]