Bankruptcy Trustee Questions at the 341 Meeting • Video
These are examples of the Trustee’s mandatory questions at a typical Chapter 7 bankruptcy 341 meeting of creditors. The trustee will already have the documents you gave us. He reviews your bank statements and taxes to ensure you didn’t transfer assets to creditors or family just before a bankruptcy filing. He will also check the […]
Benefits of a Chapter 7 Bankruptcy • Video
One of the basic Chapter 7 bankruptcy benefits is a federal court order. When you file Chapter 7, an “automatic stay” is put into place. This automatic stay then stops all collections attempts, lawsuits, wage garnishments, and any contact from creditors. It is so effective, I have people report they pick up phones to see […]
How to Research Pacer to Check Your Bankruptcy Case
The purpose of this article is to teach you how to research Pacer or Inforuptcy to check your bankruptcy case. Of course, the convenience is that it allows the ability to download your case documents from anywhere on the planet including your petition and Chapter 13 plan. So, use these services if you want to […]
Chapter 7 or 13 Bankruptcy Trustees and the 341 Hearing • Video
In Chapter 7 or Chapter 13, the bankruptcy trustee conducts the 341 hearing. Although we call it a hearing, it is far more like a deposition. The bankruptcy trustee asks questions about the accuracy of the petition, requests documents, and reviews assets and income. Most people think the bankruptcy trustee is a judge but, that’s […]