Will Any Creditors Appear at My 341 Hearing?
Feb 18, 2013
It is highly unlikely that any creditors will appear at your 341 hearing. Though creditors are given the opportunity to appear and ask questions they rarely do so. Approximately 30 to 45 days after you...
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Am I allowed to keep any credit cards I had prior to filing bankruptcy?
Feb 14, 2013
Most likely you will not be able to keep any of your credit cards after filing bankruptcy. If a credit card has a balance then it must be listed in the bankruptcy. The credit card company will then be ...
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What is the Automatic Stay of Bankruptcy?
Feb 14, 2013
The Automatic Stay of Bankruptcy is an injunction that automatically stops lawsuits, foreclosure, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed...
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When I file for Bankruptcy do I send notice to my creditors?
Feb 14, 2013
When I File for Bankruptcy do you send notice to my creditors?
Actually, when you file for bankruptcy neither you nor your attorney send the Notice of Bankruptcy to your creditors. The bankruptcy court...
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Will I Lose My Car if I File for Bankruptcy?
Feb 14, 2013
Will you lose your car if you file for bankruptcy? Generally no, however, there are some exceptions that you should be aware of. Section 362 of the U.S. Bankruptcy Code provides an Automatic Stay to pr...
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Registration Loans vs. Title Loans
Feb 14, 2013
Prior to June 30, 2010, Arizonians could write a post-dated check to Payday lenders for short-term loans. These Payday lenders charged interest rates of more than 400 percent on an annual basis! Howeve...
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What is an Adversary Proceeding?
Feb 12, 2013
An Adversary proceeding is a lawsuit that takes place within a bankruptcy. The adversary proceeding begins by when a complaint is filed with the bankruptcy court. A trial then takes place within the co...
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What is a 341 Hearing?
Feb 12, 2013
Approximately 30 to 45 days after your bankruptcy case is filed, you will need to attend a 341 hearing. There are several reasons for the Section 341 Meeting of Creditors. The first reason for the meet...
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I'm Behind On My Taxes, Can I Still File Bankruptcy?
Feb 08, 2013
In order to file for personal bankruptcy, you must be current on your tax filings. So for example, if you have not filed a tax return in the last five years you need to file those tax returns prior to ...
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Steps to a Chapter 7 Bankruptcy
Feb 08, 2013
Step 1: Initial consultation: During your initial bankruptcy consultation you will meet with a bankruptcy attorney to review your financial situation and decide if bankruptcy is appropriate. Gather all...
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