The future post Covid-19? The future post Covid-19? So what can we expect, in the…
STEPS IN A BANKRUPCY CASE Mandatory Credit Counseling You must obtain a certificate from an approved credit counseling agency before you can file your case. It is expected that this can be done over the internet and will likely cost approximately $35- 45. A copy of any payment plan devised by the counseling service must…
Convert a Chapter 13 to a Chapter 7 A chapter 13 client (currently in a payment plan with a confirmed case) has had a significant revenue loss due to the virus. They told me they wanted to apply for a SBA loan under the CARES act. However, in reading through the application guidelines, these loans…
How to file a bankruptcy book. This book discusses the “nuts and bolts” of getting a bankruptcy petition completed with or without an attorney. I previously published a book titled: “Should I file a bankruptcy?” That book was written specifically for the person CONSIDERING filing for a bankruptcy. That book was designed to be an aid…
Bankruptcy Terms Glossary Adversary proceeding – A lawsuit arising in or related to a bankruptcy case that is commenced by filing a complaint with the court. A nonexclusive list of adversary proceedings is set forth in Fed. R. Bankr. P. 7001. Annuity — A contract for the periodic payment of money to you, either for…