One of the best bankruptcy protections afforded a debtor from his or her creditors is the automatic stay. In what ways does the automatic stay stop creditor actions and when does it not protect the debtor?
Tag Archives: Chapter 7
ADVICE FOR DEBTORS FOR THE SECTION 341 MEETING OF CREDITORS
Every debtor filing a Chapter 7, Chapter 11, or Chapter 13 bankruptcy will be required to attend a hearing called a Meeting of Creditors.
EFFECTS OF SOCIAL SECURITY BENEFITS IN A BANKRUPTCY PROCEEDING
What are the effects of social security benefits in a bankruptcy proceeding? That depends on whether you are filing a Chapter 7 Bankruptcy or a Chapter 13 bankruptcy.
HOW TO KEEP YOUR CAR AND TRUCK IN BANKRUPTCY
The ability to keep your car or truck in bankruptcy is often a major consideration when filing a Chapter 7 or Chapter 13 bankruptcy. A dependable vehicle is often essential to keeping a job or getting the kids to school.
HOW TO ANSWER A BANKRUPTCY TRUSTEE INFORMATION SHEET
In a Chapter 7 bankruptcy you will need to know how to answer a bankruptcy Trustee Information Sheet. After the bankruptcy case is filed, a meeting of creditors takes place in about thirty days. Before or at the meeting of creditors, various documents will be required to be submitted to the Trustee. One such document is the Trustee Information Sheet.
CHAPTER 12 BANKRUPTCY FOR FAMILY FARMERS
Do you qualify for a Chapter 12 family farmer bankruptcy
GET RID OF STUDENT LOANS IN BANKRUPTCY
The Trump administration is currently looking at refinancing loans at lower interest rates, and most importantly, eliminating student debt through bankruptcy.
Reopening a Closed Bankruptcy Case to Amend Schedules
Reopening a Closed Bankruptcy Case to Amend Schedules This blog discusses a debtor who wishes to reopen a closed bankruptcy case in order to amend schedules. Reopening Bankruptcy Cases to Claim Personal Injury Exemptions The 10th Circuit Bankruptcy Appellate Panel recently considered when debtors could reopen closed cases in order to amend their schedules. See […]
HOW MUCH TIME MUST ELAPSE FROM A PRIOR BANKRUPTCY BEFORE FILING A NEW BANKRUPTCY
How much time must elapse from a prior bankruptcy before filing a new bankruptcy? It depends on the prior bankruptcy chapter that was filed and the bankruptcy chapter one wishes to now file.