What does a bankruptcy trustee do in Louisville, KY? Nick Thompson explains the trustee’s role in Chapter 7 and 13 cases. Call today.
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…
Just when you thought it was safe to go back into the water another shark-eating shark shows up. You might think a closing attorney or bank doesn’t have to pay both the seller and the buyer for a building. However, that’s incorrect. In fact, a trustee can undo a perfectly good property purchase. That’s when…
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…
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…