BankruptcyQuestionsNationalBankruptcyForum

After the bankruptcy case is filed but before it is over, the individual must submit to a two-hour financial management class.  This is very important.  If they don’t take this class, they do not receive a discharge, which is a fresh start.  They will receive a Closed Without Discharge Notice from the clerk of the [...]

We need to know what potential clients are spending per month.  Some people have high rent, some people have high auto payment, other people have to spend a lot on medication, other people have high transportation costs if they’re driving a long way to work and back.  We need to know what they’re spending, and [...]

As a bankruptcy attorney, you have to be aware of your competition.  A lot of people claim to do bankruptcy law.  There are a lot of attorneys out there that do a case here and there that have advertisements out there, doing bankruptcy law.  There are other attorneys that did other areas of the law [...]

Let’s talk about people on Social Security and their ability to file for Chapter 13 bankruptcy protection.  We can do a 13 for people on Social Security.  For a Chapter 13, you just have to have steady income from any source.  It could be child-support, Social Security, technically, even unemployment if it is early enough [...]

Certain tax debt has to be paid 100%, certain tax debt we can pay less than 100%.  Cars are treated a little differently too, depending upon how old they are.  So when we look at their income minus expenses, we know approximately what it’s going to take in terms of a monthly payment to get [...]