Tag Archives: chapter

7 Things You Must Do To Keep Your House In Chapter 13

Saving your home ranks high on the list of reasons people file Chapter 13. The automatic stay stops foreclosures; Chapter 13 gives you time to fix the problem. Powerful stuff. But the stay and more time alone isn’t enough to … Continue reading

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(Video) NEVER MEET WITH A PARALEGAL REGARDING CHAPTER 7 BANKRUPTCY

I am not sure everyone understands the role of a paralegal. Paralegals are not licensed lawyers. They cannot give you legal advice, sign you up, or even quote you a fee without violating state law and many ethical rules. Read … Continue reading

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(Video) HOW DOES A CHAPTER 7 BANKRUPTCY START? WHAT IS A PETITION FOR RELIEF?

Section 301(a) of the Bankruptcy Codes states that a voluntary Chapter 7 Bankruptcy is commenced with the filing of a petition with the bankruptcy court. A petition, simply put, is a formal written request, signed by you, appealing to the … Continue reading

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(Video) WHAT DEBTS GET PAID FIRST OR AS “PRIORITY” IN CHAPTER 7 BANKRUPTCY?

Unless you have filed a Chapter 7 Bankruptcy and had non-exempt assets trustee sells and uses to pay creditors, you may never have wondered about this question. Why would you? I mean you have a life and you don’t worry … Continue reading

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(Video) WHAT HAPPENS TO “EXEMPT ASSETS” IN CHAPTER 7 BANKRUPTCY?

Bankruptcy Rule 4003(a) requires debtors to disclose assets debtor claims to be exempt. Pursuant to Bankruptcy Rule 4003(b) Chapter 7 trustees have 30 days after the meeting of creditors or whenever an amendment has been filed to the exemptions to … Continue reading

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