In a consumer bankruptcy filing, whether a Chapter 7 or a Chapter 13, one of the first things that happens is a creditors meeting. Often referred to as the 341 meeting, this is when you and the bankruptcy trustee meet with your creditors. Generally, the 341 meeting occurs three to six weeks after your initial filing. The meeting is usually … [Read more...]
How-You-Can-Benefit-From-A-Chapter-13-Bankruptcy-Filing/
If you live in or around Rockwall, Texas, and you are struggling to make ends meet, a Chapter 13 bankruptcy filing can get you the fresh financial start you need. Not only will a bankruptcy filing put an immediate end to the harassing phone calls, letters and other efforts by creditors and bill collectors, but it can give you the time you need to … [Read more...]
Consumer-Vs-Commercial-Bankruptcy
If you own or operate a business, and you are struggling to pay your bills, you may be considering a personal or business bankruptcy petition. You may be uncertain of the options available to you, and whether your interests will best be served by a consumer or commercial bankruptcy. This blog post identifies the different options in personal and … [Read more...]
can-You-Keep-Your-Property-When-Filing-For-Bankruptcy-Protection
If you are struggling to pay your bills, you may have considered personal bankruptcy as a way to stop creditor harassment and get a fresh financial start. You may worry, though, that you will put all your assets at risk, that you may lose all the property you worked so hard to obtain. This blog post addresses how the consumer bankruptcy laws affect … [Read more...]
Pros and Cons of Filing for Bankruptcy
A personal bankruptcy filing can help you get a fresh start, putting an end to the non-stop phone calls, letters and legal actions you face. There are consequences to filing for bankruptcy, though. Before submitting aChapter 7 or Chapter 13 petition, you want to consider all the advantages and disadvantages, so that you make the decision that is … [Read more...]