You or your firm are owed money from a debtor who filed bankruptcy. The debt could be a personal loan, a corporate debt, or an institutional debt such as a mortgage or vehicle loan. Your delinquent account was downgraded from a seriously delinquent debt, a pending lawsuit or a judgment, to bankrupt status. You just…
Category: Bankruptcy
What To Expect at My Chapter 7 Bankruptcy Meeting of Creditors
Okay, so you filed Chapter 7 bankruptcy. You may or may not have a lawyer or law firm representing you. This is usually the first appearance you or your lawyer is required to attend. First of all, this is not a court appearance. There is no judge. Do not feel intimidated. In most cases (unless…
Life After Bankruptcy
Congratulations. You have successfully completed your Chapter 7, 11 or Chapter 13 case. You have received a bankruptcy discharge. You should be free of some or all of the debt which burdened you prior to bankruptcy. Now what? There are several steps you should take to maximize the benefit of your successful bankruptcy. First of…