Category Archives: Bankruptcy
Hiring The Right Bankruptcy Attorney
Thank you to one of our podcast listeners, Tiffany, on a great question, or questions: “Why should I hire a bankruptcy attorney?” and “What are some different tips on hiring the RIGHT bankruptcy attorney?” My philosophy on hiring an attorney is the same as hiring a CPA, Auto Mechanic, Air Conditioner Repairman, Plumber, Realtor,… Read More »
What Will The Bankruptcy Trustee Ask?
Imagine that you’ve made the hard decision to file bankruptcy, to erase your debt and get a fresh start. To determine what chapter of bankruptcy is right for you, please read “What Chapter of Bankruptcy is Right for Me?“. In every bankruptcy case, approximately thirty days after the filing date, the debtor and counsel… Read More »
Your Attorney’s Biggest Frustrations
Okay, so these may not necessarily reflect your attorney’s biggest frustrations, but they represent mine. While we are sympathetic, there are some clients or some prospects that we are unable to help, because: Unrealistic Expectations: These are the clients that believe that the practice of law is like an episode of “Law & Order.”… Read More »
How Many Years Between Bankruptcy Filings?
Bankruptcy has a negative connotation or stigma and although it is a great tool to eliminate or consolidate debt, many people find it is too stressful or intimidating to file more than once. Unfortunately, sometimes, it is necessary to file bankruptcy more than once in the debtor’s lifetime. When or if it becomes necessary… Read More »
How Do I Make Myself “Look Better” To Qualify For Bankruptcy?
In bankruptcy consultations, we are often asked “What can I do to qualify for bankruptcy?” or the related question “Should I quit my job, get a divorce, incur more debt, etc. to be able to file bankruptcy?” My first full year as a solo practitioner was 2005. The firm did well and I was… Read More »
What Chapter Of Bankruptcy Is Right For Me?
This is one of the more difficult questions to answer when bankruptcy may be a viable solution. The first step in the analysis is the means test, which calculates the debtor’s gross annual income based on a projection using the past six months of income. We then compare the debtor’s gross annual income to… Read More »
