The Meeting of the Creditors

Filing for bankruptcy can be a hard experience. It can be upsetting when a debtor finds themselves overwhelmed with debts and in over their heads. While many debtors may agree that anonymously filing for bankruptcy may be preferred, it's not. One critical component to filing for bankruptcy is the creditors' meeting, otherwise known as the [...]

By |2021-01-12T14:23:28-06:00October 23rd, 2020|The Bankruptcy Process|Comments Off on The Meeting of the Creditors

The Process of Engaging in Debt Counseling

Debt can be all-consuming, making it incredibly difficult to keep up with financial obligations. It's only natural for debtors that their sights set to filing for either Chapter 7 or Chapter 13 bankruptcy. Be aware that, for debtors, Chapter 7 is the most widely used filing, and not just anybody can file. There are many [...]

By |2021-01-12T14:23:43-06:00October 16th, 2020|The Bankruptcy Process|Comments Off on The Process of Engaging in Debt Counseling

Automatic Stay Bankruptcy

How Does The Automatic Stay Help Those Filing for Bankruptcy Filing bankruptcy can be an intimidating decision. But, did you know that there are various tools that can protect you during the process? In fact, one of the most beneficial tools for those filing bankruptcy is the automatic stay. The automatic stay is a part [...]

By |2021-01-12T14:26:25-06:00May 1st, 2019|The Bankruptcy Process|Comments Off on Automatic Stay Bankruptcy

What Is a Bankruptcy Trustee and What Is Their Purpose?

During Chapter 7 or Chapter 13 bankruptcy proceedings, a bankruptcy trustee is appointed by the federal government to oversee the case. In most cases, a bankruptcy attorney or accountant will serve as the trustee. The trustee plays an important role during the bankruptcy process, including: Ensuring debtors are in compliance with regulations Ensuring debtors are [...]

By |2021-01-12T14:26:43-06:00February 6th, 2017|The Bankruptcy Process|Comments Off on What Is a Bankruptcy Trustee and What Is Their Purpose?
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