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 According to Plainfield bankruptcy lawyer David Siegel, prior to filing your Chapter 7 or a Chapter 13 bankruptcy, there are several things that the person must do.  The first thing the person must do is give their attorney a statement of income through pay stubs and pay advices.  The amounts of the pay advices should be two months to six months depending on the situation.  This is important because the attorney and the trustee will require some kind of verification of their income.  If the income is not through wages and the person does not have paychecks or pay stubs due to any number of

As per North Chicago bankruptcy attorney David Siegel, not every debt that you are going to list on a Chapter 7 bankruptcy petition is going to be dischargeable or eliminated.  Now, it is true that the overwhelming majority of debts such as medical bills, credit card bills, personal loans, utility bills, rental obligations in the past and things like that are going to be eliminated in the Chapter 7 bankruptcy because they are typically unsecured debts.  However, there are some other debts that are unsecured that are not eliminated such as student loans, recent taxes, parking tickets, child

What should you look for in a Waukegan bankruptcy attorney?  The first thing you should look for in a bankruptcy attorney is the requisite knowledge, experience and ability to handle a Chapter 7 or Chapter 13 bankruptcy case from start to finish.  You want to investigate that attorney, you want to do some research, and you want to do some background information.  Make sure the person that you are hiring can handle your case from start to finish. 

Palatine bankruptcy lawyer David Siegel states that before a Chapter 13 bankruptcy case can be filed, you must submit to a credit counseling session.  A credit counseling session is a half-hour or one hour on the computer, phone or in person with a credit counselor approved by the Office of the United States Bankruptcy Court.  The credit counseling session is basically a fact-finding situation where you list what you have in terms of assets, liabilities, income and expenses.  You must take the credit counseling session prior to your case being filed.  Additionally, you must submit four year

Palatine bankruptcy attorney David Siegel states that after your Chapter 7 bankruptcy case is filed but before it goes to discharge, you have the requirement of taking a two hour financial management instruction class.  The two hour financial management instruction class can be done online, in person or over the telephone in certain circumstances.  The purpose of the two hour financial management class is to educate you so that you don’t fall back into debt in the future.  Although you can’t learn everything about personal finance in a two-hour session, the government felt that