Category Archives: Bankruptcy Info

Trustee’s Questions at the 341 Meeting

The role of the trustee in a Chapter 7 bankruptcy case is to verify the accuracy of the bankruptcy petition, ensure that the Bankruptcy Code and Federal Rules of Bankruptcy Procedure are being followed, and to locate funds for the bankruptcy estate. In pursuing these goals a trustee will review the documents filed in the […]

Preparing for your 341 Meeting of Creditors

In every Chapter 7 and Chapter 13 bankruptcy case, the debtor must meet with a trustee. This meeting usually occurs between four and six weeks after the petition is filed. The purpose of the meeting is to give the trustee an opportunity to discuss with you the documents filed in your case and to get […]

Chapter 13 Bankruptcy: Converting a Case to Chapter 7

Bankruptcy cases can be converted from Chapter 13 to Chapter 7. There are many reasons why a debtor might convert their case. For example, some debtors don’t qualify for relief under Chapter 7 when their case is filed because they earn too much money. If during the bankruptcy case their income is reduced, they may […]

Bankruptcy: Homeowner’s Association Dues

Homeowner’s association dues can create special problems for debtors in bankruptcy. If the debtor files bankruptcy in order to prevent foreclosure of their home, then the debtor can include repayment of the HOA dues as part of their Chapter 13 plan. They are still responsible for making payments that come due after the case is […]

Bankruptcy: Violations of the Automatic Stay

Most creditors understand that bankruptcy means “Stop!” When a bankruptcy case is filed a federal injunction known as the automatic stay goes into place. The automatic stay prevents most collection efforts by debt collectors for debts incurred prior to the bankruptcy filing. This includes phone calls from creditors, letters attempting to collect debt, lawsuits, garnishments, […]