How long does a trustee have to file a claw back claim in a bankruptcy?

Section 546(a) of the Bankruptcy Code has a 2 part test for determining the time limit on bankruptcy preference actions. Bankruptcy preference...

The question I would ask you is, wait to do what? Typically, once the meeting of creditors occurs the bankruptcy is split into two inquiries: 1)...

How do I know what to file between chapter 7 or chapter 13

Unless you have some major asset to protect chapter 7 is a faster, easier, and cheaper way to get rid of debt so you can breathe again and knock...

Is Bankruptcy law allows the debt already in the court for collection?

It is sometimes important to file bankruptcy before a judgment creditor can get a lien put on your home if you own one. If you really don't have...

Should my S-corp business declare bankruptcy and am I personally liable for credit card debt from my S-corp business?

If the business is failing it might be time to wind up the business and dissolve the corporation. No bankruptcy is necessary for that. You can...

Chapter 7 Bankruptcy: Request judge to convert it to Chapter 13 and liquidate the hidden assests

Hire an attorney to go with you to the meeting of creditors and ask the debtor questions about his hidden assets, that will alert the trustee. He...

Will you know before filing for bankruptcy if you will lose your property ?

A good attorney will ask lots of questions about your assets and debts and what your goals are in filing bankruptcy. If you provide him with good...

What will the company do to obtain secured assets after bankruptcy discharge.

The creditor's remedies depend to some extent on when you transferred, sold, or destroyed their collateral. If it was before the bankruptcy, they...

Can I obtain a Nebraska lawyer to file bankruptcy in Colorado?

There are lots of good bankruptcy lawyers in Colorado.

Confidence is not a substitute for knowledge, training, and experience. Proceed with caution.