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1. Adversary Proceedings Are Rare A creditor can object to a bankruptcy discharge by filing a lawsuit within the bankruptcy called an adversary proceeding. However, very few creditors will consider
What is a Section 341 Hearing? In every single bankruptcy case, be it Chapter 7, 11 or 13, there is an initial meeting at the bankruptcy court called the Meeting of Creditors. In consumer cases unde
TIP: This is where pre-bankruptcy planning becomes very important. If you expect a large refund, you may want to delay the filing of your bankruptcy petition until you receive the refund and spend it
Do not wait too long The purpose of bankruptcy is to help individuals and families protect their remaining assets in the face of overwhelming financial problems. If you think you may need bankruptcy
Donald Trump Fires Miss California. Like So Many Americans, She is Now Out of Work The highly controversial Miss California, Carrie Prejean, just heard the words this afternoon that many middle-clas
There are ways to handle medical debt Three of the most common reasons consumers file for bankruptcy are divorce, loss of a job, and illness. Debts resulting from serious health issues can be overwhe