June 22, 2017
Our Professional Answer: Typically when you discuss a payment plan in bankruptcy, you’re referring to the payments that you make in a reorganizing bankruptcy like chapter 13 or chapter 11. In both those chapters, you’re going […]
June 22, 2017
Our Professional Answer: There are two ways to typically file a bankruptcy. One is to see a bankruptcy attorney and have them determine whether you should file a bankruptcy and what chapter you should file. The […]
June 22, 2017
Our Professional Answer: In all bankruptcies, if there’s going to be a distribution whether in a Chapter 7 or in a reorganizing Chapter 13, or in Chapter 11, creditors must file a claim. If you’re owed […]
June 22, 2017
Our Professional Answer: People form limited liability companies to enter into a business with other people. It protects their interest, it limits their liability for the damages that the business may cause to other people. And […]
June 22, 2017
Our Professional Answer: When you file a chapter 11, the person who files, the business or the individual, is called the debtor in possession, unlike in a chapter 7, where a trustee is appointed to take […]
June 22, 2017
June 22, 2017
Our Professional Answer: When you file a bankruptcy, you may have had a judgment or debt lien against property you own. This could be lien against your home or your car. The home is a more […]
June 22, 2017
Our Professional Answer: One of the processes in filing your bankruptcy after the petition is prepared and filed, is to attend a meeting with the trustee. A trustee is another lawyer. The meeting is called a […]
June 22, 2017
Our Professional Answer: If you keep receiving bills after you filed bankruptcy, generally this is because the people who are sending the bills to you have not yet heard or received notice of your bankruptcy. It […]